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6-Unit Apartment Property
New
For Sale
$1,750,000

10199 Donner Lake Road, Truckee, CA 96161

Residential Income, Truckee, CA

Property SizeContact for details
Days on Market6

Property Features for 10199 Donner Lake Road

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Donner Lake
Lot features C O N D O P R O J E C T, Sep Meters
View Lake
Standard status Active

Additional Details

Tenant in Place Yes
Individually Metered Utilities electric, water

Taxes and HOA fees

Tax Annual Amount 13723

Utilities

Utilities Natural Gas Available
Heating system Natural Gas

Amenities

private balcony
full kitchen
full bath
dedicated storage
washer/dryer hookups

Building Details

Floors in Building 2
Building materials Frame, Cedar
Roof type Metal, Composition
Architectural style Mountain
Buildings 3
Listing Agency: Real Broker
Listed By: David L Gove
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 28 at 12:06AM
MLS# 20262152

Copyright © 2026 Tahoe Sierra 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.

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Investment Insights

Based on property information with market context.

Completed in 2024, this apartment property comprises six residences arranged across three two-unit buildings. The mix includes three one-bedroom homes and three studios, each with an independent entrance, private balcony and attached single-car garage. Interiors include full kitchens with stainless steel appliances, dishwashers and granite counters, full bathrooms with tub/shower combinations, storage and washer/dryer hookups. Electric and water are separately metered by unit. Construction was completed to LEED Gold-equivalent standards, with cedar and corrugated-metal exterior materials.

The property is about a quarter mile from Donner Lake’s shoreline and minutes from I-80, downtown Truckee and area ski resorts. Recorded deed restrictions require tenants to work at least 30 hours per week within the TTUSD boundary. Lease terms range from six to twelve months, and total monthly housing cost is limited to 180% of Nevada County AMI for a two-person household.

Key Highlights

  • Six residences in three two‑unit buildings, completed in 2024
  • Unit mix of three one‑bedroom homes and three studios
  • Each residence has a private balcony, separate entrance and attached single‑car garage

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 96161, CA

19,651
Population
18,558
Households
1.1
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
262.6 sq mi
ZIP Area
75
Density / Sq Mi
$128,535
Median Household Income
$71,281
Median Earnings
$2,104
Median Rent
$922,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All residences are leased and subject to recorded workforce-housing requirements.
Where is this apartment building located?
The property is located at 10199 Donner Lake Road Truckee, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Six residences in three two‑unit buildings, completed in 2024; Unit mix of three one‑bedroom homes and three studios; Each residence has a private balcony, separate entrance and attached single‑car garage
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