2026 15th Street South Lake Tahoe CA 96150 MLS #142967

Own Your Tahoe Escape While Generating Rental IncomeExceptional opportunity to own a charming 5-unit multifamily property in a highly desirable South Lake Tahoe neighborhood. This unique property offers the ideal blend of income potential and personal enjoyment. Rent four units while keeping the beautifully remodeled fifth unit as your own Tahoe retreat.Designed with a welcoming courtyard feel, the property is perfectly situated adjacent to the South Lake Tahoe bike path and just 1.5 miles from Camp Richardson and Pope Beach, offering easy access to beaches, biking, and year-round recreation.All units feature alder kitchen cabinetry and granite countertops, creating a warm mountain-modern aesthetic throughout. The recently remodeled owner’s unit was thoughtfully redesigned down to the studs and showcases completely new finishes, including alder cabinets, blue quartz countertops, tile backsplash, new appliances, and a fully renovated bathroom. This cozy and stylish unit is ideal for owner occupancy, a seasonal getaway, or continued rental income.Additional highlights include: Separate gas and electrical meters for each unit Communal laundry room for tenant convenience New on-demand water heaters on the east wing of the property; including a dedicated unit for the laundry room Excellent flexibility for investors, owner-users, or multi-generational living Whether you’re looking for cash flow, a second home, or both, this versatile Tahoe property offers exceptional financial and lifestyle opportunities in one of the area’s most sought-after locations.