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Two-Unit Residential on Corner Lot
For Sale
$695,000
Pending

2165 Butler Avenue, South Lake Tahoe, CA 96150

Two homes on one parcel in South Lake Tahoe, offering flexible living or rental use with room for updates.

Property SizeContact for details
Days on Market74

Property Features for 2165 Butler Avenue

General Information

Standard status Pending
Property subtype Multi-Family / Duplex
Lease Type Net

Additional Details

Multifamily Units 2

Amenities

Single Pane, Storm Windows
Composition, Shingle
Wood Frame, Wood Siding

Building Details

Year Built 1958
Tenancy Multi
Listing Agency: Sierra Sotheby's International Realty
Listed By: Dustin Allen · License #02016625
Source: Compass
Added: May 28 Changed: Aug 8 Last Checked: Aug 8 at 10:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sierra Sotheby's International Realty

Investment Insights

Based on property information with market context.

This two-unit residential property is located on a corner lot and includes two separate homes on a single parcel. The main home offers two bedrooms and one bathroom, along with a one-car garage. A second, separate one-bedroom, one-bath home sits alongside the main residence, providing an additional unit that can be used independently.

Situated in South Lake Tahoe in the Tahoe Island neighborhood, the property is positioned for everyday access to the broader South Lake Tahoe area. The seller notes both homes are ready for a new owner to update and customize.

For buyers looking for flexibility, the layout supports multiple living and income scenarios, including occupying one home while renting the other, or using both units as rental properties. Alternatively, the property can be suited to buyers who want to renovate both homes and operate them as a two-unit portfolio. With two separate dwellings under one ownership, the building provides a straightforward way to manage more than one tenant or household within a single asset. This listing is a good fit for buyers who value a two-home configuration and prefer an update-and-improve opportunity.

Key Highlights

  • Two separate homes on a single parcel in South Lake Tahoe
  • Main home: 2 bed, 1 bath, with a 1‑car garage
  • Second home: 1 bed, 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

453
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two homes on one parcel in South Lake Tahoe, offering flexible living or rental use with room for updates.
Where is this duplex located?
The property is located at 2165 Butler Avenue South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two separate homes on a single parcel in South Lake Tahoe; Main home: 2 bed, 1 bath, with a 1‑car garage; Second home: 1 bed, 1 bath
More about this property
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