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1029 Reno Avenue South Lake Tahoe CA 96150 MLS #142293

1029 Reno Avenue
South Lake Tahoe, CA, 96150
$959,000
Beds
0 Baths
851 SqFt
0.12 Acres
MLS #142293 image #0MLS #142293 image #1MLS #142293 image #2MLS #142293 image #3MLS #142293 image #4MLS #142293 image #5MLS #142293 image #6MLS #142293 image #7MLS #142293 image #8MLS #142293 image #9
Centrally located 7 rental units on 3 separate lots. One gas meter and one electric meter so owner pays the utilities. Price includes 1029 Reno APN 031-082-016 duplex, 1031 Reno Ave, APN 031-082-017 duplex plus studio cabin, 1035 Reno APN 031-082-018 duplex. Total square footage of land is apx. 15,000. Total square footage of buildings is apx. 2,400. New owner is in the process of painting and cleaning up the property. Work on 4 units will be new flooring, kitchens, bathrooms and heaters. Work will be completed by mid January 2026. This price is an amazing opportunity. Contractor or owner builder potential to demolish existing buildings and build 3 separate new homes or 3 duplexes on 3 separate parcels.

Property Details

Price:
$959,000
MLS #:
142293
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
Neighborhood:
tahoesierra
Listed Date:
Oct 30, 2025
Finished Sq Ft:
851
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1964
Tahoesierra

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Market Summary

Current real estate data for Multi Family in South Lake Tahoe as of Dec 20, 2025
11
Multi Family Listed
139
Avg DOM
463
Avg $ / SqFt
$1,027,273
Avg List Price

Property Summary

    1029 Reno Avenue South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $959,000

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broker reciprocity Courtesy of Lloyd Aronoff of RE/MAX Gold – SLT. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. South Tahoe Association of Realtors. All rights reserved.
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1029 Reno Avenue
South Lake Tahoe, CA