Rare Lake Tahoe Investment Opportunity Chalet Cabin + Duplex on One Lot.Superb location just 1 block from Lake Tahoe and Regan Beach.Live the Tahoe lifestyle while generating income! This exceptional property features a beautifully remodeled 3-bedroom chalet-style cabinplus a separate duplex with two 1-bedroom units all on a single lot.✨ Property Highlights: Charming 3-Bedroom CabinRecently remodeled with stunning knotty pine ceilings, luxury vinyl plank flooring, and high-end finishes throughouto Taj Mahal Quartzite countertopso Kohler Whitehaven farmhouse sink with touchless fauceto Premium stainless steel applianceso Tankless hot water heater for energy efficiency DuplexTwo 1-bedroom units ideal for long- or short-term rental incomeo Shared laundry roomo EV charging station and storage shed included🏡 Location Perfection:Enjoy the best of South Lake Tahoe just steps from your door! Walkable to Lake Tahoe (1 block), popular restaurants, live music venues, and shops Adjacent to the brand-new Recreation Center featuring a pool, ice rink, library, senior center, and community clubs Close to the bike path for outdoor adventures year-round🎿 Outdoor Access: Just 3.2 miles to Heavenly Ski Resort Less than 40 miles to 9 world-class ski resorts Under 60 miles to Reno/Tahoe International AirportUse the front cabin as your private mountain retreat while renting out the two back units to offset your mortgage for a high-yield vacation & rental compound.A unique blend of luxury, location, and lifestyle don’t miss this rare multi-unit gem in the heart of Tahoe!📞 Schedule your private tour today!Please check out the YouTube video and 360 Virtual Tour using the links or QR Codes
Property Details
Price:
$1,115,000
MLS #:
142038
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Neighborhood:
altahoe
Listed Date:
Jul 18, 2025
Finished Sq Ft:
2,152
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1964
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Schools
Interior
Exterior
Financial
Map
Community
- Address841 Merced Avenue 1-3 South Lake Tahoe CA
- NeighborhoodAl Tahoe
- 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
- 841 Merced Avenue 1-3 South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,115,000
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Courtesy of Larry Sabo 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. 841 Merced Avenue 1-3
South Lake Tahoe, CA