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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2165 Butler Avenue in South Lake Tahoe, CA is listed for $695,000. Built in 1958, on a 0.20 acres lot.

Agent Description

Great opportunity situated on a corner lot in South Lake Tahoe's beloved Tahoe Island neighborhood. This listing includes two separate homes on a single parcel, offering a level of flexibility that's hard to come by in the Tahoe market.The main home is a two bedroom one bath with a one car garage.

An additional one bedroom one bath home sits alongside it. Both are ready for a new owner to update them and make them their own. Tahoe Island is one of those neighborhoods that locals genuinely love. It's established, peaceful, and well located in South Lake Tahoe close to the lake, the mountains, and everything that makes Tahoe living worth it.The options here are real.

Live in one home and rent the other. Use both as income generating rentals. Renovate and hold. The South Lake Tahoe rental market is strong year-round, and a two-unit property gives you room to build a strategy that fits your goals.The seller is also open to financing the property which can be a meaningful advantage for creative deal structures.Dual unit properties with this kind of upside don't sit on the market long.

If you've been waiting for the right Tahoe investment or a home with real income potential, this is worth a closer look.

Key Features

  • Built in 1958
  • 0.20 acre lot

Property Details

1958

Monthly Cost Estimate

$3,717/mo

20% down · 6.5% · 30 years

Principal$503
Interest$3,012
Insurance$203

Estimates only. Actual payments may vary.

Location

2165 Butler Avenue

South Lake Tahoe, CA 96150

Features & Amenities

Interior Features

High Speed Internet

Property Details

Construction

Wood Frame Wood Siding

Heating

Space Heater

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2165 Butler Avenue is listed at $695,000. The estimated monthly payment is $3,012 based on 20% down at 6.5% interest.

Key features include: Built in 1958, 0.20 acre lot. Interior Features: High Speed Internet.

This property is listed by Dustin Allen and can be reached at (530) 412-2645 or jeff.hamilton@sothebysrealty.com.

DA

Dustin Allen

Agent at Sierra Sotheby's International Realty

(530) 412-2645

Listed by Sierra Sotheby's International Realty · View on Broker Site

MLS# 142989· Source: listhub· Updated 4 days ago

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2165 Butler Avenue, South Lake Tahoe, CA 96150

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