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    841 Merced Ave, Unit 1-3 South Lake Tahoe, CA 96150

    Sponsored
    For Sale
    $1,085,000

    MULTI_FAMILY - South Lake Tahoe, CA

    Property size:
    2,152 SF
    Lot size:
    0.12 Acres
    Days on Market:
    66
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 841 Merced Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames, Double Pane Windows
    Zoning
    Commercial
    APN
    026035009000
    Parking
    7
    Interior features
    High Speed Internet
    Exterior features
    Storage Shed
    Fireplace
    1
    Size
    2,152 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas, Fireplace(s), Space Heater
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1964
    Building materials
    Wood Frame, Wood Siding
    Roof type
    Composition
    Additional Structures
    Storage

    RE/MAX Realty Today (530) 541-0200 [email protected]

    Listing agent Mark Heckert

    Listing date Nov 2, 2025

    MLS# 142038 Listing URL

    Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Tahoe Investment Opportunity

    This property presents a rare investment opportunity in South Lake Tahoe, featuring a chalet-style cabin and a duplex on a single lot. The location is superb, situated just one block from Lake Tahoe and Regan Beach. The property includes a remodeled 3-bedroom chalet-style cabin with knotty pine ceilings, luxury vinyl plank flooring, Taj Mahal Quartzite countertops, a Kohler Whitehaven farmhouse sink with touchless faucet, premium stainless steel appliances, and a tankless hot water heater. Additionally, there is a duplex with two 1-bedroom units, ideal for long- or short-term rental income. A shared laundry room, EV charging station, and storage shed are included. The property is walkable to Lake Tahoe, restaurants, live music venues, and shops, and is adjacent to the new Recreation Center featuring a pool, ice rink, library, senior center, and community clubs. It is also close to the bike path and 3.2 miles from Heavenly Ski Resort. Nine world-class ski resorts are less than 40 miles away, and Reno/Tahoe International Airport is under 60 miles away. The property, totaling 2152 square feet on a 0.12-acre lot, offers a unique blend of luxury, location, and lifestyle in the heart of Tahoe. The front cabin can be used as a private mountain retreat while renting out the two back units to offset the mortgage for a high-yield vacation and rental compound. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.984328
    Latitude
    38.943127

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    FAQs

    What type of property is this?
    Duplex - Chalet cabin and duplex near Lake Tahoe and Regan Beach.
    Where is this duplex located?
    The property is located at 841 Merced Ave, Unit 1-3 South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $1,085,000.
    What are key features of this property?
    This property features: - Prime location: Just one block from Lake Tahoe and Regan Beach, walkable to restaurants, music venues, and shops.; - Income-generating potential: Features a remodeled 3-bedroom cabin plus a duplex with two 1-bedroom units for rental income.; - Remodeled cabin with high-end finishes: Includes knotty pine ceilings, luxury vinyl plank flooring, Taj Mahal Quartzite countertops, and premium stainless steel appliances.
    (530) 318-2079
    Request Owner's contact information
    841 Merced Ave, Unit 1-3 South Lake Tahoe, CA 96150
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    South Lake Tahoe, CA 96150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    841 Merced Ave, Unit 1-3 South Lake Tahoe, CA 96150
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