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South Lake Tahoe, CA Multifamily Homes & Duplexes for Sale

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  • /30

    $1,250,000

    • 7 Beds
    • 7 Baths
    • 4,116 Sq Ft

    2165 Jean Ave, South Lake Tahoe, CA 96150

    Are you seeking an investment that delivers LONG TERM tenants? If so, continue reading about this fantastic 7 unit apartment investment opportunity. This property provides EASY living that tenants appreciate and are willing to pay for. These cozy updated, ground floor (NO STAIRS) apartments have front and back exterior spaces, on site coin laundry, 5 units have been recently remodeled. All units

    Jana Nelson Compass

    2165 Jean Ave, South Lake Tahoe, CA 96150
  • /29

    $799,999

    • 7 Beds
    • 4 Baths
    • 3,082 Sq Ft

    2484 Palmira Ave, South Lake Tahoe, CA 96150

    Welcome to 2484 Palmira Ave., an exceptional investment or multi-generational living opportunity nestled in the heart of beautiful South Lake Tahoe. This unique property includes a charming single-family home and a duplex, offering versatility, rental income potential.Main House: 3 Bedroom, 2 Bathroom. Spacious open-concept living and dining area. Updated kitchen with modern appliances Private

    Rhonda Roth RE/MAX Gold - SLT

    2484 Palmira Ave, South Lake Tahoe, CA 96150
  • /19

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,040 Sq Ft

    1147 Dedi Ave, South Lake Tahoe, CA 96150

    Nestled in the heart of South Lake Tahoe, this charming mountain duplex offers a rare opportunity for savvy investors. With a total of 1,040 square feet of livable space, this multi-family home boasts one bedroom and one bathroom in each unit, providing ample space for comfortable living or lucrative rental income.Situated on a spacious lot, this property features off-street parking for two

    Randy Miller Intero Real Estate Svcs - EDH

    1147 Dedi Ave, South Lake Tahoe, CA 96150
  • /5

    $459,000

    • 2 Beds
    • 2 Baths
    • 1,290 Sq Ft

    2634 Chris Ave, South Lake Tahoe, CA 96150

    Charming South Lake Tahoe Duplex - Ideal Location, Excellent Investment! Discover the perfect blend of convenience, and opportunity with this duplex located in the heart of South Lake Tahoe. Each unit offers 1 bedroom and 1 bathroom, making it ideal for long-term tenants, or a personal retreat with rental income potential. Step inside to find cozy, light-filled living spaces each unit includes

    Thomas Hadden Windermere Signature Properties Cameron Park/Placerville

    2634 Chris Ave, South Lake Tahoe, CA 96150
  • /17

    $1,598,000

    • 10 Beds
    • 10 Baths
    • 3,345 Sq Ft

    971 Merced Ave Unit 49, South Lake Tahoe, CA 96150

    Introducing The Beach Walk Lodge, a unique multi-family property set in the charming town of South Lake Tahoe. This property is ideally located just a block from the lake, ensuring continuous allure for tenants.The property features a collection of 10 units, comprising seven freestanding studio cabins, two attached studio units, and a one-bedroom manager's apartment. Each unit showcases the

    Brent Johnson Chase International - SLT

    971 Merced Ave Unit 49, South Lake Tahoe, CA 96150
  • /24

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,161 Sq Ft

    1120 Herbert Ave Unit C, South Lake Tahoe, CA 96150

    Beautifully well-kept condo in The Bavarian Village complex! A 3-bedroom 2 bath condo with all the amenities, including a heated community swimming pool, hot tub, parking, laundry, refuse, onsite maintenance, snow removal, and more! The open floor plan with a living room, dining room, breakfast bar, and stone gas fireplace, provides a cozy place to enjoy those snowy winters! With three spacious

    Kathy Mehringer Compass

    1120 Herbert Ave Unit C, South Lake Tahoe, CA 96150
  • /8

    $2,125,000

    • 18 Beds
    • 10 Baths
    • 7,612 Sq Ft

    3820 Pentagon Rd, South Lake Tahoe, CA 96150

    Welcome to the La Paz Apartments - 10 Units located in the Tourist Core Area Plan! Adjacent to a conservancy lot, walking distance to restaurants, and only 0.6 miles to Heavenly Village, the Gondola, Stateline Casinos and more. A superb blend of 8 Two Bedroom/One Bathroom units and 2 One Bedroom/One Bathroom units with onsite laundry facilities, storage, and dedicated on-site parking. This

    David Howie Aston Morley

    3820 Pentagon Rd, South Lake Tahoe, CA 96150
  • /14

    $1,489,889

    • 9 Beds
    • 5 Baths
    • 4,354 Sq Ft

    3581 Bill Ave, South Lake Tahoe, CA 96150

    Newly Remodeled Triplex - Investment Opportunity in South Lake Tahoe. 3581 Bill Ave presents an opportunity to own a remodeled, semi-vacant triplex in one of South Lake Tahoe's most sought-after locations.Just a short walk to Lake Tahoe, Whole Foods, and restaurants, this property is perfect for an investor or owner-occupant looking to start fresh with new tenants in a modernized space. The

    Ryan Smith Compass

    3581 Bill Ave, South Lake Tahoe, CA 96150
  • /29

    $3,500,000

    • 23 Beds
    • 8,872 Sq Ft

    3893 Pioneer Trail, South Lake Tahoe, CA 96150

    This 20 unit complex, encompassing two separate parcels, presents an incredible opportunity for investors looking in the Tahoe market. A short walk to the Heavenly Ski Resort Gondolas, Heavenly Village, and all of the Casinos, the units rent well to local workers, people looking for ski-leases and summer rentals as well as those looking for a more walkable lifestyle. The property has been

    Angela Roberts Mountain Luxury Properties

    3893 Pioneer Trail, South Lake Tahoe, CA 96150
  • /25

    $999,000

    • 5 Beds
    • 3 Baths
    • 2,544 Sq Ft

    629 James Ave, South Lake Tahoe, CA 96150

    This modern remodeled triplex in a prime location is a dream come true! All units feature a gourmet kitchens, custom wood cabinetry, stainless steel appliances, & granite slab counter tops. Bathrooms redone with travertine natural stone flooring and showers, rich dark wood vanities, and designer lighting and trim. Additional upgrades include hand scrapped hardwood flooring, recessed lighting and

    Nicole Zaborsky Ascent Property Group

    629 James Ave, South Lake Tahoe, CA 96150
  • /22

    $775,000

    • 6 Beds
    • 4 Baths
    • 2,811 Sq Ft

    3779 Aspen Ave, South Lake Tahoe, CA 96150

    Explore a unique investment opportunity in the heart of South Lake Tahoe with this multifamily complex. It features a freestanding single-family residence complete with a convenient single-car garage. Inside, you'll find a primary bedroom with an ensuite bathroom, a guest bedroom and bathroom, a versatile flex space, a kitchen, and a cozy living room with a gas insert for added warmth and

    Jessica Woods Sierra Sotheby's Int'l Realty

    3779 Aspen Ave, South Lake Tahoe, CA 96150
  • /18

    $999,000

    • 7 Beds
    • 4 Baths
    • 2,300 Sq Ft

    3808 Larch Ave, South Lake Tahoe, CA 96150

    This centrally located duplex is adjacent to Pioneer trail, providing immediate access to transit, as well as to Heavenly Ski Resort, the casino corridor and the lake. The lot gets all-day sunshine and adjoins a conservancy owned parcel for added privacy. Each unit has their own 1-car garage, plus a large parking area for multiple extra vehicles. One unit is month-to-month and the other is

    Mark Salmon Compass

    3808 Larch Ave, South Lake Tahoe, CA 96150
  • /40

    $1,299,000 Open Sat 12PM - 3PM

    • 5 Beds
    • 5 Baths
    • 3,216 Sq Ft

    1168 Tata Ln, South Lake Tahoe, CA 96150

    Amazing investment property. This is a 4-unit complex on two separate lots. The first unit is a duplex with the front unit having 2 bedrooms and 2 bathrooms, an in-unit washer and dryer, a private front courtyard and a single car garage. This unit has been recently updated with new flooring and a new water heater. The rear unit is a 1 bedroom 1 bathroom with updated flooring. The third unit is a

    Deborah Sherry Chase International - SLT

    1168 Tata Ln, South Lake Tahoe, CA 96150
  • /37

    $729,000

    • 4 Beds
    • 2 Baths
    • 1,750 Sq Ft

    913 Tallac Ave, South Lake Tahoe, CA 96150

    Discover the charm of this beautifully remodeled duplex located in the sought-after Al Tahoe neighborhood, just moments from the shores of Lake Tahoe. Perfectly positioned within walking distance to the beach, shopping, dining, and public transportation, this property is ideal as an income property, vacation home, or year-round residence.The rear unit has been meticulously remodeled down to the

    Joel Dameral Realty World Lake Tahoe

    913 Tallac Ave, South Lake Tahoe, CA 96150
  • /10

    $945,000

    • 4 Beds
    • 4 Baths
    • 3,010 Sq Ft

    1177 Ski Run Blvd, South Lake Tahoe, CA 96150

    Take a look at this investment opportunity in South Lake Tahoe with this well-positioned multi-family property featuring four thoughtfully designed one-bedroom, one-bathroom units. Each residence has been upgraded to enhance comfort and functionality. The property's prime location places residents within walking distance of Lake Tahoe's pristine beaches, Heavenly Resort's world-class slopes, and

    Brent Johnson Chase International - SLT

    1177 Ski Run Blvd, South Lake Tahoe, CA 96150
  • /40

    $2,996,000

    • 13 Beds
    • 12 Baths
    • 5,743 Sq Ft

    1057 Fern Rd, South Lake Tahoe, CA 96150

    New Construction Multi-family! You can own a 5-unit property in the HEART of South Lake Tahoe! The LOCATION is paramount for this investment. Ideally located right next to the Heavenly Village shopping center, this multifamily property offers a dream investment opportunity. A mere 5-minute walk from the Heavenly Gondolas, hiking trails, biking paths, and the best restaurants in town, you'll be

    Nataliya Shemyakin eXp Realty of California

    1057 Fern Rd, South Lake Tahoe, CA 96150
  • /24

    $2,280,000

    • 2,920 Sq Ft

    3994 Pine Blvd, South Lake Tahoe, CA 96150

    Check out Video: https://listings.mousepadreno.com/videos/0190a268-73f2-7332-ba78-97d0d3b9e769Short Term Tourist Rental/ VHR 7 unit Investment opportunity in the heart of downtown South Lake Tahoe's Tourist Core Zone; Heavenly Ski Gondola, Heavenly Village, shopping, movie theatre, ice skating, casinos, the beach, and the new Convention and Event Center, are all within walking distance. Perfectly

    Andrea King Sierra Sotheby's Int'l Realty

    3994 Pine Blvd, South Lake Tahoe, CA 96150
  • /40

    $6,120,000

    • 54 Beds
    • 24,169 Sq Ft

    1160 Bowers Ave, South Lake Tahoe, CA 96150

    Exceptional investment opportunity with an attractive CAP rate and current maintenance items performed! Offered for sale is a 27-unit apartment complex occupying two large parcels: 3590 Tamarack Avenue and 1160 Bowers Avenue. Fully occupied, minus the showing unit, this complex has a steady income history and many upgrades! Rents are current! Each unit has individual gas meters, electric has

    Michael Phillips Realty World Lake Tahoe

    1160 Bowers Ave, South Lake Tahoe, CA 96150
  • /28

    $745,000

    • 3 Beds
    • 3 Baths
    • 1,872 Sq Ft

    2561 Alma Ave, South Lake Tahoe, CA 96150

    Searching for that perfect rental opportunity in Tahoe? Well look no further than this sizeable multi-family home in a lovely centrally located neighborhood featuring a total of 3 bedrooms and 3 full bathrooms.The main house offers 2 bedrooms and 2 full bathrooms, a great size open-concept kitchen and living area, with access to the garage and laundry area. Above the garage is a spacious

    Stephanie Breiling Berkshire Hathaway HS - SLT

    2561 Alma Ave, South Lake Tahoe, CA 96150
  • /18

    $999,000

    • 8 Beds
    • 5 Baths
    • 3,328 Sq Ft

    693 Modesto Ave, South Lake Tahoe, CA 96150

    This triplex is located in the highly coveted 600-block of Al Tahoe, only 500' from the meadow and trails leading to Trout Creek and Secret Beach, along the shore of Lake Tahoe. Only a bike ride from restaurants, pubs, shopping and Lakeview Commons, the property is as central to the city limits as can be found. Constructed mostly of concrete cinder block, the structure is very low maintenance and

    Mark Salmon Compass

    693 Modesto Ave, South Lake Tahoe, CA 96150

About South Lake Tahoe

South Lake Tahoe is the largest lakeside community in the Sierra Nevada Mountain Range and sits inside California's border with Nevada. Roughly 21,000 people live here full-time, but tourists, who come for the world-renowned ski resorts, recreation, beaches and mountain views, swell the population to well over 100,000 during the summer and winter months. It's these visitors who drive the region's economy and have made it a global destination.

Lake Tahoe offers seasonal activities, with several beaches and state parks lining its perimeter. Bo ...

Home Trends in South Lake Tahoe, CA

Home Trends

Median Price (12 Mo)
$694,000
Median Single Family Price
$700,000
Median Townhouse Price
$622,500
Median 2 Bedroom Price
$503,500
Median 1 Bedroom Price
$595,000
Average Price Per Sq Ft
$539
Number of Homes for Sale
191
Last 12 months Home Sales
643
Months of Supply
3.60
Median List Price
$746,500
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
2%
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