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Remodeled Duplex with Private Backyards
For Sale
$660,000

920 Lapham Drive, South Lake Tahoe, CA 96150

Multi-Family, South Lake Tahoe, CA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market18

Property Features for 920 Lapham Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi-Family
Window features Double Pane Windows, Vinyl Frames
Interior features High Speed Internet
Exterior features Storage Shed
Fireplace 1
Directions Tahoe Keys, left on Washington onto to Dunlap right on Lapham.
Subdivision Tahoe Island Drive
Standard status Active
APN 023783004000
Lot size 0.14 Acres

Utilities

Utilities Cable Available
Heating system Wood, Fireplace(s), Space Heater
Water source Well

Amenities

woodstove
private backyard
parking area

Building Details

Year built 1961
Building materials Wood Frame, Wood Siding
Roof type Shingle, Composition
Additional Structures Storage
Listing Agency: Chase International - South Lake Tahoe
Listed By: Jill Moffett
Added: Aug 17 Changed: Sep 3 Last Checked: Sep 3 at 4:06PM
MLS# 143413

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.

Investment Insights

Based on property information with market context.

This duplex contains two one-bedroom, one-bath residences on a 0.14-acre parcel zoned Multi-Family. Both units include EPA-compliant woodstoves, private backyards, and access to a shared parking area. Separate utilities support distinct household operations, while flat topography contributes to straightforward year-round access. The property also includes a storage shed, wood-frame construction with wood siding, and a composition shingle roof.

The first residence is tenant occupied and maintained. The second has been updated with new interior paint, luxury vinyl plank flooring, a renovated bathroom, quartz kitchen counters, new cabinetry, and new appliances. The building dates to 1961 and has a well and cable availability. Its South Lake Tahoe setting places it near bike trails, shopping, dining, public transportation, and Lake Tahoe beaches.

Key Highlights

  • Two 1‑bedroom, 1‑bath units on a 0.14‑acre parcel
  • Multi‑Family zoning with separate utilities for each residence
  • Unit 2 updated with quartz counters, new cabinetry, appliances, and renovated bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Computer & Electronic Repair Home Appliance Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,225
Businesses Nearby

Demographics for 96150, CA

29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer private outdoor areas, individual utilities, and convenient parking.
Where is this duplex located?
The property is located at 920 Lapham Drive South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units on a 0.14‑acre parcel; Multi‑Family zoning with separate utilities for each residence; Unit 2 updated with quartz counters, new cabinetry, appliances, and renovated bathroom
More about this property
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