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    South Lake Tahoe, CA Multifamily Properties for Sale

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    Twin Bridges, CA Kirkwood, CA Markleeville, CA
    31 results
    Charming Multifamily Property in South Tahoe
    $1,195,000
    2,340 SF
    Charming Multifamily Property in South Tahoe

    2026 15th Street, South Lake Tahoe, CA 96150

    Five-unit property near bike path, beaches, and recreation.
    • 5‑unit multifamily property in South Lake Tahoe, built in 1957
    • Each unit has separate gas and electrical meters
    • Communal laundry room for tenant convenience
    • Recently remodeled owner unit was redesigned down to the studs with new finishes, new appliances, and a fully renovated bathroom
    • All units feature alder kitchen cabinetry and granite countertops
    Updated: May 22
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    Tahoe Duplex on Acre Lot
    $825,000
    2,452 SF
    Tahoe Duplex on Acre Lot

    1259 Bonanza Avenue, South Lake Tahoe, CA 96150

    Unique duplex on a rare one-acre lot in South Lake Tahoe.
    • Rare one‑acre level lot offering exceptional privacy and space.
    • Flexible dual‑living duplex ideal for multi‑generational living or rental income.
    • Two units, each with 2 bedrooms, 2 bathrooms, and spacious loft providing versatile space.
    • Authentic Tahoe cabin feel with vaulted ceilings and knotty pine paneling.
    • Practical upgrades include natural gas hydronic heating, dual‑pane windows, and laundry hook‑ups in each unit.
    Updated: Apr 29
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    South Lake Tahoe Apartment Building
    $1,600,000
    5,716 SF
    South Lake Tahoe Apartment Building

    Centrally located 6-unit apartment building near Heavenly Village.

    3716 Pioneer Trail, South Lake Tahoe, CA 96150

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    Two Homes on One Lot
    $620,000
    1,536 SF
    Two Homes on One Lot

    Two homes on one lot in South Lake Tahoe.

    847 Tata Lane, South Lake Tahoe, CA 96150

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    Multi-Family Lot Near Heavenly Ski
    $610,000
    670 SF
    Multi-Family Lot Near Heavenly Ski

    Multi-family lot with updated cabins near Heavenly Ski Resort.

    1357 Susie Lake Road, South Lake Tahoe, CA 96150

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    Duplex Near Heavenly Ski Resort
    $597,900
    1,664 SF
    Duplex Near Heavenly Ski Resort

    Income opportunity near Heavenly Ski Resort and Stateline.

    3761 Ruby Way, South Lake Tahoe, CA 96150

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    South Lake Tahoe Duplex Cabins
    $750,000
    1,396 SF
    South Lake Tahoe Duplex Cabins

    Duplex with rental income and development potential near beaches.

    705 Eloise Avenue, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Investment
    $700,000
    2,750 SF
    South Lake Tahoe Multifamily Investment

    Multifamily property in South Lake Tahoe with rental history.

    2493 Ponderosa Street, South Lake Tahoe, CA 96150

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    South Lake Tahoe Duplex
    $525,000
    960 SF
    South Lake Tahoe Duplex

    Centrally located duplex near Heavenly, beaches, and dining.

    3722 Birch Avenue, South Lake Tahoe, CA 96150

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    South Lake Tahoe Duplex Investment
    $739,500
    1,536 SF
    South Lake Tahoe Duplex Investment

    Duplex in Tahoe Island neighborhood with income potential.

    2400 Tahoe Vista Drive, South Lake Tahoe, CA 96150

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    Spacious South Lake Tahoe Duplex
    $1,350,000
    3,296 SF
    Spacious South Lake Tahoe Duplex

    Almost new duplex with rental income potential in South Lake Tahoe.

    1077 Marjorie Street, South Lake Tahoe, CA 96150

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    Tahoe Island Dual Home Opportunity
    $695,000
    0.20 Acres
    Tahoe Island Dual Home Opportunity

    Two homes on one lot in South Lake Tahoe.

    2165 Butler Avenue, South Lake Tahoe, CA 96150

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    Lake Tahoe Duplex Near Beach
    $760,000
    1,652 SF
    Lake Tahoe Duplex Near Beach

    Well-maintained duplex one block from Lake Tahoe with rental potential.

    810 Merced Avenue, South Lake Tahoe, CA 96150

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    Turn-Key Seven-Unit Multifamily
    $977,500
    2,400 SF
    Turn-Key Seven-Unit Multifamily

    A remodeled, income-producing seven-unit portfolio on three parcels offers flexible ownership and tenant appeal for steady rental demand.

    1029 Reno Avenue, South Lake Tahoe, CA 96150

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    Updated Duplex Near Heavenly Resort
    $836,000
    2,116 SF
    Updated Duplex Near Heavenly Resort

    Spacious, updated duplex near Heavenly Ski Resort, generating monthly income.

    3695 Primrose Road, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Property
    $1,150,000
    3,176 SF
    South Lake Tahoe Multifamily Property

    Seven-unit multifamily property in South Lake Tahoe near Stateline.

    1036 Moss Rd, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Opportunity
    $750,000
    2,204 SF
    South Lake Tahoe Multifamily Opportunity

    Investment property with income and development potential near Lake Tahoe.

    1212 Melba Drive, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Property
    $950,000
    3,125 SF
    South Lake Tahoe Multifamily Property

    Five-unit multifamily property in a prime South Lake Tahoe location.

    3880 Pioneer Trl, South Lake Tahoe, CA 96150

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    Updated Duplex Near Lake Tahoe
    $796,000
    1,792 SF
    Updated Duplex Near Lake Tahoe

    Updated duplex near Lake Tahoe with strong rental potential.

    3338 Treehaven Drive, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Property
    $899,000
    2,752 SF
    South Lake Tahoe Multifamily Property

    Four units near amenities, conversion potential in Tourist Corridor.

    1181 Ski Run Boulevard, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Investment
    $1,350,000
    3,600 SF
    South Lake Tahoe Multifamily Investment

    Fully occupied 8-unit apartment building with bonus parking lot.

    1222 Sierra Boulevard, South Lake Tahoe, CA 96150

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    Renovated Duplex in Christmas Valley
    $769,888
    2,128 SF
    Renovated Duplex in Christmas Valley

    Turnkey duplex with modern upgrades in South Lake Tahoe.

    2282 Blitzen Road, South Lake Tahoe, CA 96150

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    South Lake Tahoe Multifamily Investment
    $750,000
    2,204 SF
    South Lake Tahoe Multifamily Investment

    Rare investment opportunity with income and development potential.

    1212 Melba Drive, South Lake Tahoe, CA 96150

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    South Lake Tahoe Income Property
    $1,499,000
    2,552 SF
    South Lake Tahoe Income Property

    Four rentable units near Lake Tahoe and Heavenly Village.

    4085 Manzanita Avenue, Unit 1-4, South Lake Tahoe, CA 96150

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    South Lake Tahoe, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 50 multifamily properties for sale in South Lake Tahoe, CA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 81,293 square feet of properties for sale, with an estimated market value of $28,840,638.

    Sale prices for multifamily properties in South Lake Tahoe, CA start at $525,000, averaging $994,504, and reaching up to $2,382,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 18
    Apartment buildings 9
    Short term rental properties 4
    Quadplexes 2
    Triplexes 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +0.6%
    Median Household Income $83,738
    College Educated 6.4%

    High-Yield Neighborhoods for Investment

    Identify South Lake Tahoe submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    96150 $936.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.07%
    Property Tax per SF $13.63 per sq ft
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

    Average Price per SF — Residential Income

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