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$2,549,000
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Property Description
RARE Opportunity in Lake Tahoe, the Heart of Incline Village, NV Fabulous Location walk to the coveted beaches, Hyatt, restaurants, shops, markets, recreation center, and beautiful hiking trails just 3 blocks from Lakeshore Blvd. 2 18 hole golf courses a few minutes away. Prime property built 1965, pre TRPA-grandfathered coverage. 6 Unit apartment building located on the Lake side of Tahoe Blvd consists of: 5 2bd. 1 bath apts and 1 large 3 bd. 2 bath apt. with 35' balcony. All units light & bright 14 car parking lot The building has been renovated including beautiful New kitchens, new bathrooms, new front doors, new flooring throughout, newer baseboard heaters and new metal roof with heated gutters. New sewer clean out, new water line, water meter, new windows/sliders 2/3 of the bldg. new retaining wall, new paver walkways & parking lot Common area laundry room with coin operate washer/dryer, electric water heater and storage lockers for each unit. Large yard w/covered sitting area, dry creek bed, landscape lighting in the over 12,400 sq.ft. lot. Huge upside of 300k plus annually if operated as short term rentals. One unit has been a corporate rental for the past 3 years. There is No rent control, No state of Nevada income taxes and No state inheritance taxes.
Full Property Details
Full Property Details for 866 Southwood Blvd
General
- Price: $2,549,000
- Taxes: $15,037
- Status: Active
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 142408
- Updated: 1/6/2026
- Added to Site: 14 day(s) ago
Rooms
Other Rooms
- Laundry: Common
Parking
- Total Spaces: 14
Location
- Area: Nevada
- County: Washoe
- Subdivision: Out of Area
- Cross Streets: Tanager
Heating & Cooling
- Heating Type: Electric, Baseboard
- Water Heater: Electric
Utilities
- Utility Description: Cable TV, Telephone
Structural Information
- Construction Status: Wood Frame, Stucco
- Construction: Wood Frame, Stucco
- Foundation: Concrete/Masonry
- Roof: Composition, Metal
- Windows/Doors: Double Pane
- Entry Location: Two Story
- Stories/Levels: Two Story
- Year Built: 1965
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.285
- Lot Size Source: Assessor
- Zoning: Multi-Family
Financial Considerations
- Price Per Sq. Ft.: $419.66
- Price Per Acre: $8,943,859.65
- Tax Amount: $15,037
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Schools
Schools serving 866 Southwood Blvd
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Incline Elementary School 915 Northwood Boulevard, Incline Village, NV 89451 | K-5 | 0.5 mi |
Incline Middle School 931 Southwood Boulevard, Incline Village, NV 89451 | 6-8 | 0.4 mi |
Incline High School 499 Village Boulevard, Incline Village, NV 89451 | 9-12 | 0.5 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 866 Southwood Blvd
Date
Details
Price
Change
Source
1/01/2026
Listed
$2,549,000
156.18%
MLS
4/28/2017
Sold
$995,000
—
Public Record
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 866 Southwood Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,891
4%
$196,694
4%
2023
$8,522
-16%
$188,308
20%
2021
$10,128
1%
$156,618
3%
2022
$9,989
-1%
$152,593
-2%
2021
$10,128
3%
$155,930
4%
2019
$9,859
2%
$150,092
4%
2018
$9,636
2%
$144,585
—
2017
$9,448
1%
$144,384
14%
2016
$9,335
—
$126,436
1%
2015
$9,326
—
$125,748
-1%
2014
$9,363
—
$127,232
—
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 866 Southwood Blvd
866 Southwood Boulevard, Incline Village, NV 89451 (MLS# 142408) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 866 Southwood Boulevard is currently listed for $2,549,000 and was received on January 01, 2026. Want to learn more about 866 Southwood Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Incline Village? You can browse all Incline Village real estate or contact a Coldwell Banker agent to request more information.

