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    866 Southwood Blvd Incline Village, NV 89451

    New
    For Sale
    $2,579,900

    MULTI_FAMILY - Ranch - Incline Village, NV

    Type:Single Family Residence
    Property size:
    6,074 SF
    Lot size:
    0.28 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 866 Southwood Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    132-222-08
    Patio and Porch features
    Patio
    Interior features
    WindowTreatments
    Exterior features
    Balcony, Patio
    Size
    6,074 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Vinyl, Tile, Carpet
    Building materials
    Block, Frame, Masonry, Concrete
    Roof type
    Composition, Flat, Metal
    Architectural style
    Ranch

    Coldwell Banker Incline Village Realty (775) 831-1515 [email protected]

    Listing agent Matthew B. Biscotti (775) 443-6088 License #S.190759

    Listing date Dec 6, 2025

    MLS# 1018259 Listing URL

    Copyright © 2025 Incline Village Board 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

    Incline Village Multifamily Investment Opportunity

    This multifamily property, built in 1965, is located in Incline Village, Nevada, just three blocks from Lakeshore Boulevard and within walking distance of beaches, the Hyatt, restaurants, shops, markets, and the recreation center. The property features six apartments: five with two bedrooms and one bathroom each, and one larger unit with three bedrooms, two bathrooms, and a 35-foot balcony. All units are described as light and bright. The building has been renovated with new kitchens, bathrooms, front doors, and flooring throughout. Newer baseboard heaters and a new metal roof with heated gutters have been installed. Additional upgrades include a new sewer clean out, water line, water meter, and windows/sliders for two-thirds of the building. The property also features a new retaining wall and paver walkways, along with a 14-car parking lot. A common area laundry room is available, equipped with a coin-operated washer and dryer, an electric water heater, and storage lockers for each unit. The lot size is 0.2846 acres, and the property size is 6074 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Incline Village
    County
    Washoe
    State
    Nevada
    Longitude
    -119.955018
    Latitude
    39.246898

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    FAQs

    What type of property is this?
    Apartment building - Rare renovated 6-unit apartment building near Lake Tahoe.
    Where is this apartment building located?
    The property is located at 866 Southwood Blvd Incline Village, NV.
    What is the asking price?
    The asking price for this property is $2,579,900.
    What are key features of this property?
    This property features: - Rare opportunity: Pre-TRPA grandfathered coverage in Incline Village.; - Prime location: Walkable to beaches, Hyatt, restaurants, shops, recreation, and hiking trails.; - Renovated building: Features new kitchens, bathrooms, flooring, roof, and more.
    (775) 443-6088
    Request Owner's contact information
    866 Southwood Blvd Incline Village, NV 89451
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    Incline Village, NV 89451
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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
    866 Southwood Blvd Incline Village, NV 89451
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