Excellent Cap Rate at 5.77. Will increase in October.Are you seeking an investment that delivers LONG TERM tenants? If so, continue reading about this fantastic 7 unit apartment investment opportunity. This property provides EASY living that tenants appreciate and are willing to pay for. These cozy updated, ground floor (NO STAIRS) apartments have front and back exterior spaces, on site coin laundry, 5 units have been recently remodeled.All units are rented.This property has Excellent rental income with allowable increases.The pine tree laced neighborhood is quiet, and removed from the hustle, yet close to stores, restaurants, medical facilities and public transport. Great location, updated units and the current rental demand makes this an Excellent investment opportunity of a high producing asset for your portfolio. All this in Beautiful Lake Tahoe! Come take a look today!
Property Details
Price:
$1,099,000
MLS #:
141491
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
Neighborhood:
yarea
Listed Date:
Apr 25, 2025
Finished Sq Ft:
4,116
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1958
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address2165 Jean Avenue South Lake Tahoe CA
- NeighborhoodY Area
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Oct 24, 2025
24
Multi Family Listed
160
Avg DOM
364
Avg $ / SqFt
$1,202,458
Avg List Price
Property Summary
- 2165 Jean Avenue South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,099,000
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Courtesy of Jana Nelson of Compass. 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. 2165 Jean Avenue
South Lake Tahoe, CA