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    South Lake Tahoe, CA Multifamily Properties for Sale

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    28 properties
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    Five-Unit Apartment Building
    Updated: Jul 31
    Five-Unit Apartment Building

    3685 Tamarack Avenue, South Lake Tahoe, CA 96150

    $1,450,000
    5,400 sqft 0.23 AC lot
    Five‑unit apartment property with 11 bedrooms
    Unit mix includes four 2‑bedroom, 1.5‑bath residences and one 3‑bedroom, 2‑bath unit
    5,400 square feet on 0.23 acres
    Brand‑new roof and three recently updated units
    Backyard outdoor space for each unit plus off‑street parking
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    Furnished Duplex with Rear Decks
    Updated: Oct 5
    Furnished Duplex with Rear Decks

    840 Modesto Avenue, South Lake Tahoe, CA 96150

    $715,000
    1,212 sqft 0.14 AC lot
    Duplex with 4 bedrooms, 2 bathrooms, and 1,212 square feet
    0.14‑acre parcel; built in 1974
    Each residence has a rear deck, washer and dryer, and updated kitchen features
    Two‑car garage offers covered parking and additional storage
    Walking distance to Reagan Beach, shopping, and restaurants
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    Remodeled Multifamily Property
    Remodeled Multifamily Property

    2032 C Street, South Lake Tahoe, CA 96150

    $1,095,000
    2,054 sqft 0.50 AC lot

    Commercially zoned property with tenant-paid utilities and potential for additional unit construction.

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    See hot listings in South Lake Tahoe

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Four-Unit Quadplex Property
    Four-Unit Quadplex Property

    2240 Eloise, South Lake Tahoe, CA 96150

    $1,249,000
    4,528 sqft

    Townhouse and freestanding unit mix with separately fenced rear yards and on-site laundry.

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    Updated Duplex with Private Yards
    Updated Duplex with Private Yards

    920 Lapham Drive, South Lake Tahoe, CA 96150

    $639,000
    1,350 sqft 0.14 AC lot

    Two separate residences offer private outdoor areas and a remodeled unit with contemporary finishes.

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    Duplex with Separate Backyards
    Duplex with Separate Backyards

    1968 8th Street, South Lake Tahoe, CA 96150

    $639,900
    1,690 sqft 0.19 AC lot

    Two distinct residences pair an updated interior with a long-term rental arrangement in a residential setting.

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    Duplex with Separate Access
    Duplex with Separate Access

    3357 Treehaven Drive, South Lake Tahoe, CA 96150

    $795,000
    1,986 sqft 0.14 AC lot

    Two residences offer individual garages, distinct entrances, and multifamily zoning in South Lake Tahoe.

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    Value-Add 6-Unit Apartment Building
    Value-Add 6-Unit Apartment Building

    3121 Pasadena Avenue, South Lake Tahoe, CA 96150

    $799,000
    2,879 sqft 0.12 AC lot

    Six-unit apartment property on a small lot, sold as-is and requiring heavy renovation and substantial repairs.

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    Updated Duplex with Private Garages
    Updated Duplex with Private Garages

    3814 Paradise Avenue, South Lake Tahoe, CA 96150

    $990,000
    1,986 sqft 0.14 AC lot

    Two occupied units offer a multi-family configuration with separate garages and extensive interior improvements.

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    Tourist Core Quadplex with Lake Access
    Tourist Core Quadplex with Lake Access

    4089 Pine Boulevard, South Lake Tahoe, CA 96150

    $2,200,000
    3,808 sqft 0.32 AC lot

    Townhouse-style residences offer matching two-bedroom layouts, fireplaces, and private back decks.

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    Four-Unit Quadplex Near Recreation
    Four-Unit Quadplex Near Recreation

    3673 Spruce Avenue, South Lake Tahoe, CA 96150

    $799,900
    2,792 sqft

    Four-unit residential property near mountain recreation, beaches, casinos, shopping, dining, and public shuttle service.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1039 Fern Road, South Lake Tahoe, CA 96150

    $998,000
    0.23 AC lot

    Fully leased multifamily property with varied floor plans, included appliances, and access to Stateline-area amenities.

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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    2400 Tahoe Vista Drive, South Lake Tahoe, CA 96150

    $719,900
    1,536 sqft 0.15 AC lot

    Multi-family zoning supports a residential income property with separate living spaces and private outdoor areas.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    2400 Tahoe Vista Drive, Unit A & B, South Lake Tahoe, CA 96150

    $719,900
    1,536 sqft

    Multi-family property with matching residential layouts, private outdoor areas, and attached garage access for both units.

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    Seven-Unit Multifamily Property
    Seven-Unit Multifamily Property

    1029 Reno Avenue, South Lake Tahoe, CA 96150

    $957,500
    2,400 sqft 0.34 AC lot

    Two duplexes and a triplex occupy three separately mapped parcels in South Lake Tahoe.

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    Triplex with Attached Garage
    Triplex with Attached Garage

    1126 Bowers Avenue, South Lake Tahoe, CA 96150

    $799,000
    0.27 AC lot

    Three rental units combine a two-bedroom house with an attached garage and a duplex containing two studio units.

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    7-Unit Multifamily Property
    7-Unit Multifamily Property

    1029 Reno Avenue, South Lake Tahoe, CA 96150

    $949,500
    2,400 sqft 0.34 AC lot

    Three-parcel rental property with completed renovations across four units and additional redevelopment flexibility.

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    Updated Duplex with Mountain Features
    Updated Duplex with Mountain Features

    3695 Primrose Road, South Lake Tahoe, CA 96150

    $736,000
    2,116 sqft 0.11 AC lot

    Two separately configured residences offer refreshed interiors, fireplaces, and practical parking in South Lake Tahoe’s Stateline area.

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    Garden-Style Apartment Community
    Garden-Style Apartment Community

    3715 Blackwood Road, South Lake Tahoe, CA 96150

    $1,790,000
    8,154 sqft

    Thirteen-unit garden-style multifamily property with surface parking, courtyard, and on-site laundry.

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    Quadplex with Public Utilities
    Quadplex with Public Utilities

    2240 Eloise, South Lake Tahoe, CA 96150

    $1,249,000
    0.25 AC lot

    Four-unit residential income property with public water and sewer service in South Lake Tahoe.

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    Four-Unit Duplex Property
    Four-Unit Duplex Property

    4089-4091 Pine Blvd, South Lake Tahoe, CA 96150

    Contact for pricing
    3,808 sqft 0.32 AC lot

    Townhouse-style duplexes in the Tourist Core with deeded access to Lakeside Beach and Marina.

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    17-Unit Apartment Building
    17-Unit Apartment Building

    2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

    $2,300,000
    0.36 AC lot

    Individual accommodations include mini-kitchens, while the main house provides a full kitchen and three-bedroom layout.

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    Two-Story 15-Unit Multifamily
    Two-Story 15-Unit Multifamily

    3831 PENTAGON DR, South Lake Tahoe, CA 96150

    Contact for pricing
    7,532 sqft 0.23 AC lot

    Apartment building with flexible TSC-MU zoning near Lake Tahoe and major resort destinations.

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    13-Unit Multifamily Property
    13-Unit Multifamily Property

    3715 Blackwood Road, South Lake Tahoe, CA 96150

    $1,790,000
    0.63 AC lot

    Updated interiors and exterior improvements support a practical rental housing configuration near year-round recreation.

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    South Lake Tahoe, CA Multifamily Properties Market Trends and Statistics

    Explore 47 multifamily properties for sale in South Lake Tahoe, CA, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 60,343 square feet of properties for sale, with an estimated market value of $28,280,600.

    Sale prices for multifamily properties in South Lake Tahoe, CA start at $550,000, averaging $1,087,715, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 11
    Apartment buildings 7
    Quadplexes 7
    Triplexes 3

    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 average listing prices of real estate assets

    Neighborhood Average Price
    96150 $1.1M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in El Dorado County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in El Dorado County

    Residential Income

    How Realmo verifies these figures

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    Featured South Lake Tahoe Real Estate Agencies

    Realmo connects you with licensed South Lake Tahoe CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Realty Today
    2568 Lake Tahoe Blvd South Lake Tahoe, CA 96150
    Phone: (530) 541-0200
    www.TahoeRemax.com
    Sierra Sothebys International Realty
    2247 Lake Tahoe Blvd South Lake Tahoe, CA 96150
    Phone: (530) 412-2645
    www.sierrasir.com
    Coldwell Banker Select
    2196 lake tahoe blvd. South Lake Tahoe, CA 96150
    Phone: (560) 542-5555
    www.cbselectre.com/
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