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937 3rd Street, 
South Lake Tahoe, CA 96150

$975,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Scott S Fair

Nai Tahoe Sierra

Last updated:

October 21, 2026, 12:37 AM

MLS#

143408

Source:

CA STAR

About This Home

937 3rd Street

937 3rd Street is a four-unit multifamily investment property in South Lake Tahoe featuring a diversified unit mix of one two-bedroom/one-bath apartment, three one-bedroom/one-bath apartments, and a rented commercial yard. The property's current residential rents are well below prevailing market levels, offering investors meaningful potential income upside. Three apartments are occupied on month-to-month terms, while the one-bedroom unit associated with the garage is on an annual lease. All units are individually metered, and three of the four units feature washer/dryer hookups. Built in 1949, the two-story, 2,228-square-foot building sits on approximately 0.50 acre and provides existing in-place income, a garage component, and additional revenue from the yard.

Home Facts

Multi-Family

Built in 1949

Subdivision & Development:

Unavail

Price Summary

975,000

MLS #:

143408

Last Updated:

October 21, 2026, 12:37 AM

Added:

1 month(s) ago

Structure

Structure

Year Built:

1949

Finances & Disclosures

Finances

Price:

$975,000

Source:CA STAR
The information being provided by South Tahoe Association Of REALTORS® Inc Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the South Tahoe Association Of REALTORS® Inc Mls. Nai Tahoe Sierra is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Nai Tahoe Sierra, a broker participant of South Tahoe Association Of REALTORS® Inc Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by South Tahoe Association Of REALTORS® Inc Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 South Tahoe Association Of REALTORS® Inc Mls. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.