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    South Lake Tahoe, CA Apartment Buildings for Sale

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    Echo Lake, CA Twin Bridges, CA Kirkwood, CA Markleeville, CA Gardnerville, NV Stateline, NV Meeks Bay, CA Zephyr Cove, NV
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    Five-Unit Apartment Building
    Updated: Jul 31
    Five-Unit Apartment Building

    3685 Tamarack Avenue, South Lake Tahoe, CA 96150

    $1,450,000
    5,400 sqft 0.23 AC lot
    Five‑unit apartment property with 11 bedrooms
    Unit mix includes four 2‑bedroom, 1.5‑bath residences and one 3‑bedroom, 2‑bath unit
    5,400 square feet on 0.23 acres
    Brand‑new roof and three recently updated units
    Backyard outdoor space for each unit plus off‑street parking
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    Updated Multifamily Apartment Building
    Updated: Aug 9
    Updated Multifamily Apartment Building

    3715 Blackwood Road, South Lake Tahoe, CA 96150

    $1,790,000
    8,154 sqft 0.63 AC lot
    13‑unit apartment property with 21 bedrooms
    Approximately 8,154 SF on a 0.63‑acre lot
    Studio, 1‑bedroom, 2‑bedroom, and 3‑bedroom floor plans
    62% current occupancy; 92% stabilized occupancy projected
    One significant and three moderate city‑required upgrades identified
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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    1029 Reno Avenue, South Lake Tahoe, CA 96150

    $957,500
    2,400 sqft 0.34 AC lot

    Three-parcel multifamily asset with remodeled units and a studio and one-bedroom mix.

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    See hot listings in South Lake Tahoe

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Value-Add 6-Unit Apartment Building
    Value-Add 6-Unit Apartment Building

    3121 Pasadena Avenue, 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.

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    17-Unit Apartment Building
    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.

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    13-Unit Multifamily Property
    13-Unit Multifamily Property

    3715 Blackwood Road, South Lake Tahoe, CA 96150

    $1,790,000
    0.63 AC lot

    Updated interiors and exterior improvements support a practical rental housing configuration near year-round recreation.

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

    3715 Blackwood Road, South Lake Tahoe, CA 96150

    $1,790,000
    8,154 sqft

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

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    Two-Story 15-Unit Multifamily
    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.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 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
    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
    Mixed-Use Property with 11 Apartments
    Mixed-Use Property with 11 Apartments

    7350 4TH, Reno, NV 89523

    $2,250,000
    7,214 sqft 1.00 AC lot

    Fully occupied three-building asset with upgraded roofs, water system, paving, siding, and fencing.

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    207-Unit Apartment Community
    207-Unit Apartment Community

    2060 College, Carson City, NV 89703

    $18,100,000
    187,439 sqft

    Six-building community with private suites, shared kitchens, and on-site operational amenities.

    View details
    Multifamily Repositioning Opportunity in Reno
    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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    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.

    3546 Spruce Ave. Lk
    Multifamily properties

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

    Estimated value: by Request
    9,863 sqft 0.53 AC lot
    View details

    South Lake Tahoe, CA Apartment Buildings Market Trends and Statistics

    Explore 9 apartment buildings for sale in South Lake Tahoe, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 34,519 square feet of properties for sale, with an estimated market value of $10,876,500.

    Sale prices for two-family homes in South Lake Tahoe, CA start at $799,000, averaging $1,553,785, 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.

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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 $1.6M

    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 Residential Income pricing trends in El Dorado County

    Residential Income

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    Featured South Lake Tahoe Real Estate Agencies

    Realmo connects you with licensed South Lake Tahoe CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ascent Property Group
    3200 Highway 50 #3 South Lake Tahoe, CA 96150
    Phone: 1530545034
    www.investintahoe.com
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