Residential Income

South Lake Tahoe, CA Residential Income Properties for Sale

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Found 29 residential income property listings for sale in South Lake Tahoe, CA, averaging $441/sq ft. Use valuation data to compare deals faster.
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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

$669,000
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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Duplex with Updated Rear Unit
Duplex with Updated Rear Unit

746 Anita Drive, South Lake Tahoe, CA 96150

$550,000
1,176 sqft 0.17 AC lot

Two one-bedroom residences include individual laundry hookups, with covered parking and a fenced backyard on the property.

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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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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Multifamily Property with Expansion Area
Multifamily Property with Expansion Area

2032 C Street, South Lake Tahoe, CA 96150

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

The existing tenants pay their own utilities, and the site is zoned Commercial.

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Two-Story Duplex with Fenced Yards
Two-Story Duplex with Fenced Yards

2567 Armstrong Avenue, South Lake Tahoe, CA 96150

$665,000
2,048 sqft 0.12 AC lot

Each residence has two bedrooms, a half bath, in-unit laundry and a wood-burning fireplace.

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Four-Unit Townhouse Property
Four-Unit Townhouse Property

4089 Pine Boulevard, South Lake Tahoe, CA 96150

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

Deeded access to Lakeside Beach and Marina accompanies two duplex buildings on a consolidated parcel.

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Residential Income Property with Garage
Residential Income Property with Garage

3708 Lake Tahoe Blvd, South Lake Tahoe, CA 96150

$1,477,950
1,782 sqft

Central air, natural-gas heat, and a built-in gas range are among the listed interior features.

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Updated Duplex with Private Yards
Updated Duplex with Private Yards

920 Lapham Drive, South Lake Tahoe, CA 96150

$625,000
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 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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Residential Income Property
Residential Income Property

3685 Tamarack Avenue, South Lake Tahoe, CA 96150

$1,390,000
5,400 sqft

Built in 1965, the property includes natural gas service, a space heater, and a gas water heater.

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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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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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Residential Income Property with Commercial Zoning
Residential Income Property with Commercial Zoning

2032 C Street, South Lake Tahoe, CA 96150

$1,095,000
2,054 sqft

Commercial zoning applies to this residential income property.

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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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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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Multifamily Residential Property
Multifamily Residential Property

3814 Paradise Avenue, South Lake Tahoe, CA 96150

$945,000
1,986 sqft

Multi-family zoning and gas-fired building systems support residential use.

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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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7-Unit Multifamily Property
7-Unit Multifamily Property

1029 Reno Avenue, South Lake Tahoe, CA 96150

$949,500
0.34 AC lot

The portfolio combines studio and one-bedroom residences across three separate parcels.

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South Lake Tahoe, CA Residential Income Properties Market Trends and Statistics

Explore 48 residential income properties for sale in South Lake Tahoe, CA, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 59,916 square feet of properties for sale, with an estimated market value of $30,857,350.

Sale prices for residential investment properties in South Lake Tahoe, CA start at $550,000, averaging $1,142,864, 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

Multifamily properties 27
Duplexes 11
Apartment buildings 6
Quadplexes 6
Triplexes 4

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

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