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$1,195,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 2026 15th St
General
- Price: $1,195,000
- Status: Active
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 142967
- Updated: 5/26/2026
- Added to Site: 5 day(s) ago
Rooms
Other Rooms
- Laundry: Common
Parking
- Total Spaces: 7
Location
- Area: Tahoe Island Drive
- County: El Dorado
- Subdivision: Lukins
- Cross Streets: Emerald Bay Rd
- Driving Directions: From HWY 89, turn on 15th st, property is on left right before bike path and Eloise
Heating & Cooling
- Heating Type: Natural Gas, Wall or Space Heater, Fireplace
- Water Heater: Natural Gas, Electric
Utilities
- Utility Description: NaturalGasAvailable
Structural Information
- Construction Status: Wood Frame, Wood Siding
- Construction: Wood Frame, Wood Siding
- Foundation: Concrete/Crawl Space
- Roof: Pitched, Composition
- Windows/Doors: Double Pane, Metal Frame
- Entry Location: One Story
- Stories/Levels: One Story
- Year Built: 1957
Unit Information
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
Unit 3
- Total Bathrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.73
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $510.68
- Price Per Acre: $1,636,986.3
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Schools
Schools serving 2026 15th St
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Tahoe Valley Elementary School 943 Tahoe Island Drive, South Lake Tahoe, CA 96150 | K-5 | 1 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 2.6 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2026 15th St
Date
Details
Price
Change
Source
5/22/2026
Listed
$1,195,000
—
MLS
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
Tax History for 2026 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,794
5%
$860,000
—
2024
$9,290
-14%
$860,000
-14%
2023
$10,792
140%
$1,000,000
148%
2022
$4,501
-1%
$402,661
-1%
2021
$4,551
1%
$405,767
1%
2020
$4,488
—
$401,720
5%
2019
$4,469
2%
$383,059
2%
2018
$4,374
-10%
$375,549
-10%
2017
$4,842
19%
$417,206
20%
2016
$4,062
95%
$348,230
110%
2015
$2,086
—
$165,590
2%
2014
$2,094
—
$162,348
-3%
2013
$2,088
—
$166,616
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2026 15th St
2026 15th Street, South Lake Tahoe, CA 96150 (MLS# 142967) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 2026 15th Street is currently listed for $1,195,000 and was received on May 22, 2026. Want to learn more about 2026 15th Street? 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.

