South Lake Tahoe, CA Apartment Buildings for Sale

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Echo Lake, CA Twin Bridges, CA Kirkwood, CA

11 properties

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Updated: May 22

Charming Multifamily Property in South Tahoe

2026 15th Street, South Lake Tahoe, CA 96150

$1,195,000

2,340 sqft · 0.73 AC lot

5‑unit multifamily property in South Lake Tahoe, built in 1957
Each unit has separate gas and electrical meters
Communal laundry room for tenant convenience
Recently remodeled owner unit was redesigned down to the studs with new finishes, new appliances, and a fully renovated bathroom
All units feature alder kitchen cabinetry and granite countertops

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Updated: Jun 26

Five-Unit Multifamily Property

3686 Primrose Road, South Lake Tahoe, CA 96150

$688,000

2,206 sqft · 0.11 AC lot

Five‑unit multifamily in the Stateline area of South Lake Tahoe with two 1‑bedroom/1‑bath units and three studios
All 5 units are currently tenant occupied
Covered parking for 4 units plus additional covered parking convenience for tenants year‑round
Spacious basement/storage area for owner storage, maintenance supplies, or potential future utility space
Built in 1970 with wood‑frame construction; composition roof

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South Lake Tahoe Apartment Building

3716 Pioneer Trail, South Lake Tahoe, CA 96150

$1,600,000

5,716 sqft · 0.26 AC lot

Centrally located 6-unit apartment building near Heavenly Village.

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South Lake Tahoe Multifamily Property

1036 Moss Rd, South Lake Tahoe, CA 96150

$1,150,000

3,176 sqft · 0.23 AC lot

Seven-unit multifamily property in South Lake Tahoe near Stateline.

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Renovated 13-Unit Apartment Building

3715 Blackwood Road, South Lake Tahoe, CA 96150

$1,950,000

0.63 AC lot

Renovated 13-unit apartment community with a mix of studios, one-, two-, and three-bedroom apartments.

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Apartment Building with Highway Frontage

2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

$2,400,000

0.36 AC lot

Mid-city apartment building with 175 feet of Highway 50 frontage and renovated units designed for monthly stays.

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South Lake Tahoe Multifamily Property

3880 Pioneer Trl, South Lake Tahoe, CA 96150

$950,000

3,125 sqft · 0.12 AC lot

Five-unit multifamily property in a prime South Lake Tahoe location.

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South Lake Tahoe Multifamily Investment

1222 Sierra Boulevard, South Lake Tahoe, CA 96150

$1,350,000

3,600 sqft · 0.12 AC lot

Fully occupied 8-unit apartment building with bonus parking lot.

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Two-Story 15-Unit Multifamily

3831 PENTAGON DR, South Lake Tahoe, CA 96150

$2,382,000

7,532 sqft · 0.23 AC lot

Apartment building with flexible TSC-MU zoning near Lake Tahoe and major resort destinations.

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Garden-Style Apartment Community

3715 Blackwood Rd, South Lake Tahoe, CA 96150

$1,950,000

Thirteen-unit garden-style multifamily property with surface parking, courtyard, and on-site laundry.

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Tahoe Multifamily Property with Income

2026 15th Street, South Lake Tahoe, CA 96150

$1,195,000

2,340 sqft

Charming 5-unit property near South Lake Tahoe bike path.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 11 Active listings in South Lake Tahoe, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Kings Beach Multifamily Investment Opportunity

8489 Trout Avenue, Kings Beach, CA 96143

$1,890,000

2,656 sqft

Fully leased 10-unit property near Lake Tahoe.

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Multifamily Repositioning Opportunity in Reno

1901 South Virginia Street, Reno, NV 89502

$42,000,000

Multifamily repositioning with upgrades. High demand workforce housing.

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Multifamily Apartment Building For Sale

8612 North Lake Boulevard, Kings Beach, CA 96143

$12,000,000

Multifamily apartment building available for sale in Kings Beach, offering a residential income property opportunity.

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Multifamily Property with 10 Units

1030 Berrum Ln, Reno, NV 89509

$2,600,000

10,400 sqft

Multifamily property featuring 10 units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing

0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000

0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000

2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000

0.22 AC lot

Land with potential for up to 23 units.

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Off-Market Properties in South Lake Tahoe, CA

Consider similar Off-Market properties in South Lake Tahoe, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

3546 Spruce Ave. Lk, South Lake Tahoe, CA 96150

Value Estimation by Request

9,863 sqft · 0.53 AC lot

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South Lake Tahoe, CA Apartment Buildings Market Trends and Statistics

Explore 12 apartment buildings for sale in South Lake Tahoe, CA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 30,035 square feet of properties for sale, with an estimated market value of $10,510,000.

Sale prices for two-family homes in South Lake Tahoe, CA start at $688,000, averaging $1,313,750, and reaching up to $2,382,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K

Population Growth (5Y) +0.6%

Median Household Income $83,738

College Educated 6.4%

High-Yield Neighborhoods for Investment

Identify South Lake Tahoe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
96150	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.07%

Property Tax per SF $13.63 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in El Dorado County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in El Dorado County

Office

Residential Income

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