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    Turnkey Multi-Unit Portfolio
    Updated: Oct 30, 2025
    Turnkey Multi-Unit Portfolio

    1029 Reno Avenue, South Lake Tahoe, CA 96150

    $972,500
    2,400 sqft 0.34 AC lot
    Seven‑unit multifamily portfolio at 1029–1035 Reno Avenue, built in 1964
    Unit mix includes two duplexes and one triplex for a flexible mix of studio and 1‑bedroom units
    Sits on three separately mapped parcels, offering options to hold as a seven‑unit compound
    Currently six of seven units are vacant, allowing a buyer to set rents and occupancy plan
    Recent unit updates reported: new flooring, updated countertops and cabinets, fresh interior paint, new heaters in most units, and upgraded windows
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    This listing looks promising.

    Here's a quick look at some key insights for

    1029 Reno Avenue, South Lake Tahoe, CA 96150

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $570K
      Suggested

    • Property Type

      Duplex
      Built 1964
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    MULTI_FAMILY - South Lake Tahoe, CA
    Updated: May 5
    MULTI_FAMILY - South Lake Tahoe, CA

    896 Lakeview Avenue, South Lake Tahoe, CA 96150

    $1,319,950
    2,980 sqft 0.12 AC lot
    Just 300 feet from the Lake Tahoe waterfront.
    Three updated units, each with 2 bedrooms and 2 bathrooms.
    Strong, consistent rental income potential.
    Turn‑key, income‑producing property.
    Enjoy peek‑a‑boo views of Lake Tahoe.
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    Industrial Bay Building with Residences
    Industrial Bay Building with Residences

    2140 US Highway 50, South Lake Tahoe, CA 96150

    $1,400,000
    1.18 AC lot

    Industrial bay building with eight roll-up door bays and three residential units above, on three-phase power with private well.

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    Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 3 Active listings in El Dorado County, CA, we suggest exploring several alternatives:

    El Dorado County, CA Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in El Dorado County, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,380 square feet of properties for sale, with an estimated market value of $2,292,450.

    Sale prices for three-family homes in El Dorado County, CA start at $972,500, averaging $1,146,225, and reaching up to $1,319,950 — 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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