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    South Lake Tahoe, CA Quadplexes for Sale

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    Twin Bridges, CA Kirkwood, CA Markleeville, CA
    South Lake Tahoe Multifamily Investment
    $750,000
    2,204 SF

    South Lake Tahoe Multifamily Investment

    1212 Melba Drive, South Lake Tahoe, CA 96150

    Rare investment opportunity with income and development potential.

    • Exceptional redevelopment potential: Zoned for up to 25 units per acre with potential for up to 70% site coverage.
    • Prime location: Situated in a desirable South Lake Tahoe location, minutes from Camp Richardson, beaches, bike trails, shopping, dining, and year‑round recreation.
    • Immediate rental income: Features four existing rental units currently occupied by long‑term tenants, providing steady cash flow.
    • Significant land coverage opportunity: Includes approximately 16,251 square feet of banked coverage that may be utilized onsite or potentially sold separately.
    • Large lot size: Property sits on approximately one acre, offering ample space for development.
    Updated: May 26
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    South Lake Tahoe Income Property
    $1,499,000
    2,552 SF

    South Lake Tahoe Income Property

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

    Four rentable units near Lake Tahoe and Heavenly Village.

    • Prime location: Blocks from Lake Tahoe, Heavenly Village, and the Gondola, ensuring high rental demand year‑round.
    • Proven income: Averaged approximately $150K in gross annual rental income over the past three years, with a cap rate approaching 6% at the asking price.
    • Four independent rental units (cottage plus triplex) providing diverse income streams and owner flexibility.
    • Significant capital improvements completed since 2020, including a new roof, driveway replacement, electrical panel upgrade, and foundation work.
    • Transferable Lakeside Beach Club membership included, adding lifestyle value for owners and guests.
    Updated: Apr 10
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in South Lake Tahoe, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tenant-Occupied Income Property
    $1,050,000
    3,779 SF

    Tenant-Occupied Income Property

    Income property in Carson City featuring multiple units and amenities.

    4001 Pheasant Drive, Carson City, NV 89701
    View details
    Carson City Multifamily Income Property
    $950,000
    4,644 SF

    Carson City Multifamily Income Property

    Income-producing multifamily property with four units in Carson City.

    1312 Como Street, Carson City, NV 89701
    View details
    Reno Fourplex Investment Opportunity
    $740,000
    2,966 SF

    Reno Fourplex Investment Opportunity

    Four-unit property near UNR with immediate cash flow.

    650 Denslowe Drive lot: A, B, C, D, Reno, NV 89512
    View details
    MidTown Reno Multifamily Investment
    $1,431,000
    3,894 SF

    MidTown Reno Multifamily Investment

    Charming multifamily property in Reno's vibrant MidTown District.

    343 & 347 Mount Rose St., Reno, NV 89509
    View details

    South Lake Tahoe, CA Quadplexes Investment Opportunities Market Analysis

    Explore 2 quadplexes for sale in South Lake Tahoe, CA on our real estate platform. These investment opportunities span a total of 4,756 square feet of properties for sale, with an estimated market value of $2,249,000.

    Sale prices for four-unit buildings in South Lake Tahoe, CA start at $750,000, averaging $1,124,500, and reaching up to $1,499,000 — 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

    Duplexes 16
    Apartment buildings 9
    Short term rental properties 4
    Quadplexes 2

    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 $1.1M

    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%

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