South Lake Tahoe, CA Apartment Buildings for Sale

List

Map

Echo Lake, CA Twin Bridges, CA Kirkwood, CA Markleeville, CA Gardnerville, NV Stateline, NV Meeks Bay, CA Zephyr Cove, NV

15 properties

Sort:

Updated: Aug 9

13-Unit Multifamily Property

3715 Blackwood Road, South Lake Tahoe, CA 96150

$1,790,000

8,154 sqft 0.63 AC lot

13 units with studio, 1‑bedroom, 2‑bedroom, and 3‑bedroom floor plans
21 bedrooms across approximately 8,154 SF on a 0.63‑acre lot
8 of 13 units rented at 62% occupancy
One significant main‑building upgrade and 3 moderate City‑required repairs or upgrades
Built in 1964 with wood construction, public water, and public sewer

View details

This listing looks promising.

Here's a quick look at some key insights for

3715 Blackwood Road, South Lake Tahoe, CA 96150

View Property Analytics

Est. Cap Rate

6.8%
Above avg (5.9%)
Est. NOI

$121K
Annual
Mortgage

$1.85M
Sep 2021
Last Sold

Sep 2021
$2.03M
Property Type

Quadplex
Built 1964

View Property Analytics

Updated: Jul 31

5-Unit Apartment Building with New Roof

3685 Tamarack Avenue, South Lake Tahoe, CA 96150

$1,450,000

5,400 sqft 0.23 AC lot

Five units totaling 11 bedrooms: four 2‑bedroom 1.5‑bath units plus one 3‑bedroom 2‑bath unit
0.23‑acre lot with approximately 5,400 square feet
Brand‑new roof plus three units updated with fresh, modern finishes
Backyard outdoor space for each unit and off‑street parking in a parking lot
Natural gas heating and space heaters

View details

Five-Unit Apartment Building

3686 Primrose Road, South Lake Tahoe, CA 96150

$688,000

2,206 sqft 0.11 AC lot

Five tenant-occupied units with two one-bedroom layouts and three studios, plus covered parking for four units.

View details

Value-Add 6-Unit Apartment Building

3121 Pasadena Ave, South Lake Tahoe, CA 96150

$799,000

2,879 sqft 0.12 AC lot

Six-unit apartment property on a small lot, sold as-is and requiring heavy renovation and substantial repairs.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Six-Unit Apartment Building with Patio

3716 Pioneer Trail, South Lake Tahoe, CA 96150

$1,600,000

5,716 sqft 0.26 AC lot

Well-maintained six-unit apartment building with a patio and unit layouts featuring washer/dryer hookups and gas stoves.

View details

7-Unit Apartment Building

1036 Moss Rd, South Lake Tahoe, CA 96150

$1,150,000

3,176 sqft 0.23 AC lot

Wood apartment building built in 1957 offering six studio units and one one-bedroom unit with on-street parking.

View details

Seven-Unit Apartment Building Portfolio

1029 Reno Avenue, South Lake Tahoe, CA 96150

$965,000

2,400 sqft 0.34 AC lot

Three separate parcels contain two duplexes and one triplex with studio and one-bedroom units.

View details

Two-Story 15-Unit Multifamily

3831 PENTAGON DR, South Lake Tahoe, CA 96150

Contact for pricing

7,532 sqft 0.23 AC lot

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

View details

Five-Unit Apartment Building

3880 Pioneer Trl, South Lake Tahoe, CA 96150

$950,000

3,125 sqft 0.12 AC lot

Five-unit multifamily building with natural gas heating, a flat roof, and front and back yard space.

View details

17-Unit Apartment Building

2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

$2,300,000

0.36 AC lot

Individual accommodations include mini-kitchens, while the main house provides a full kitchen and three-bedroom layout.

View details

8-Unit Apartment Property

3775 Paradise Ave, South Lake Tahoe, CA 96150

Contact for pricing

5,351 sqft 0.23 AC lot

Fully occupied, two-story eight-unit multifamily property with secured parking and on-site laundry access.

View details

13-Unit Apartment Building

3715 Blackwood Road, South Lake Tahoe, CA 96150

$1,790,000

0.63 AC lot

Multifamily property with varied unit sizes and recent interior and exterior updates.

View details

8-Unit Apartment Building with Parking

1222 Sierra Boulevard, South Lake Tahoe, CA 96150

$1,350,000

3,600 sqft 0.12 AC lot

Fully occupied multifamily property with studio and one-bedroom units, tenant parking, and Multi-Family zoning.

View details

Renovated Eight-Unit Apartment Building

3671 Spruce Avenue, South Lake Tahoe, CA 96150

Contact for pricing

5,088 sqft 0.23 AC lot

Eight one-bedroom, one-bath units in a single building, renovated in 2022 with on-site parking.

View details

Garden-Style Apartment Community

3715 Blackwood Rd, South Lake Tahoe, CA 96150

Contact for pricing

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

View details

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 15 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

Opportunities in Nearby Cities

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

207-Unit Apartment Community

2060 W College Parkway, Carson City, NV 89703

$18,100,000

187,439 sqft 4.30 AC lot

Six-building community with shared kitchens, on-site operations, public utilities, and resident amenity areas.

View details

6-Unit Apartment Building

1508 Locust St, Reno, NV 89502

Contact for pricing

4,060 sqft

Six-unit multifamily property with in-unit washer/dryer hookups and fenced yard areas for most units.

View details

Renovated Multifamily with On-Site Laundry

907 S Carson St, Carson City, NV 89701

Contact for pricing

0.66 AC lot

Fully renovated 37-unit multifamily property offers studio and one-bedroom layouts plus an on-site laundry facility.

View details

Multifamily Repositioning Opportunity in Reno

1901 South Virginia Street, Reno, NV 89502

$42,000,000

Multifamily repositioning with upgrades. High demand workforce housing.

View details

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

View details

South Lake Tahoe, CA Apartment Buildings Market Trends and Statistics

Explore 16 apartment buildings for sale in South Lake Tahoe, CA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 54,627 square feet of properties for sale, with an estimated market value of $14,832,000.

Sale prices for two-family homes in South Lake Tahoe, CA start at $688,000, averaging $1,348,363, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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	$1.8M

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings