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$959,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1029 Reno Ave

General

  • Price: $959,000
  • Status: Active
  • Type: Multi-Family
  • Source: South_Tahoe_MLS
  • MLS ID: 142293
  • Updated: 12/18/2025
  • Added to Site: 81 day(s) ago

Parking

  • Total Spaces: 10

Location

  • Area: Tahoe-Sierra
  • County: El Dorado
  • Subdivision: Tahoe Sierra 1
  • Cross Streets: Palmira
  • Driving Directions: From Highway 50 turn on Reno Ave. 2 blocks up on the left

Heating & Cooling

  • Heating Type: Natural Gas, Wall or Space Heater
  • Water Heater: Natural Gas

Utilities

  • Utility Description: NaturalGasAvailable, Cable TV, Telephone, Water Meter

Structural Information

  • Construction Status: Wood Frame, Wood Siding
  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space
  • Roof: Composition, Shingle
  • Windows/Doors: Double Pane
  • Entry Location: One Story
  • Stories/Levels: One Story
  • Year Built: 1964

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1

Unit 4

  • Total Bathrooms: 1

Unit 5

  • Total Bathrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size Source: Tax Data
  • Zoning: Multi-Family

Financial Considerations

  • Price Per Sq. Ft.: $1,126.91
  • Price Per Acre: $7,991,666.67

Disclosures and Reports

  • CC&Rs: Yes

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Listing agent

— 1029 Reno Ave —

LloydAronoff@aol.com;530-545-0811

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1029 Reno Ave

School District:Lake Tahoe Unified School District
NameGradesDistance
Tahoe Valley Elementary School
943 Tahoe Island Drive, South Lake Tahoe, CA 96150
K-51.1 mi
South Tahoe Middle School
2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
6-80.9 mi
South Tahoe High School
1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1029 Reno Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$959,000
-0.1%
MLS
10/30/2025
Listed
$960,000
-8.57%
MLS
6/23/2022
Sold
$1,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1029 Reno Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,338
118%
$364,140
2%
2023
$3,832
—
$357,000
127%
2023
$3,832
116%
$157,282
2%
2022
$1,772
2%
$154,199
2%
2021
$1,745
1%
$151,177
1%
2020
$1,721
—
$149,628
2%
2019
$1,713
2%
$146,695
2%
2018
$1,676
2%
$143,820
41%
2017
$1,651
37%
$102,000
2%
2016
$1,203
104%
$100,000
130%
2015
$591
2%
$43,468
2%
2014
$581
—
$42,619
—
2013
$579
—
$42,429
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1029 Reno Avenue, South Lake Tahoe, CA 96150 (MLS# 142293) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1029 Reno Avenue is currently listed for $959,000 and was received on October 30, 2025. Want to learn more about 1029 Reno Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.

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