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Sold for $700,000
  • $700,000

    2165 Butler Ave, South Lake Tahoe, CA 96150

    3beds
    2baths
    1,710sqft
    Duplex
    Built in 1958
    -- sqft lot
    $699,700 Zestimate®
    $409/sqft
    $2,161 Estimated rent

    Home value

    $699,700

    $644,000 - $763,000

    $2,161/mo

    Zestimate® history
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    $2,161/mo

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    $2,161/mo

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    $4,386/mo

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    $4,386/mo

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    What's special

    One car garageCorner lot
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Allen 530-314-1797 allen.dustin.k@gmail.com,

    Sierra Sotheby's Int'l Realty

    Bought with:

    Daniel Gillin, 01963852

    Coldwell Banker Envision

    Source: STAOR,MLS#: 142989MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Wall or Space Heater, Separate Heat/Cool
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Sep. Water Heater
    Features
    • 1st Unit: 2 Beds - 1 Bath, 2nd Unit: 1 Bed - 1 Bath
    • Windows: Single Pane, Storm Window(s)
    • Basement: Concrete/Crawl Space
    Interior area
    • Total structure area: 1,710
    • Total interior livable area: 1,710 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 023642004000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Frame, Wood Siding
    • Roof: Composition,Shingle
    Condition
    • Year built: 1958

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Cable Connected

    Community & HOA

    Community
    • Subdivision: Tahoe Island Park 1
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $409/sqft
    • Tax assessed value: $238,329
    • Date on market: 5/28/2026
    • Cumulative days on market: 77 days
    • Date available: 01/01/1800
    • Listing terms: FHA
    • Total actual rent: 0
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    8/13/2026Sold$700,000+0.7%$409/sqft
    Source: STAOR #142989 Report a problem
    6/26/2026Pending sale$695,000$406/sqft
    Source: STAOR #142989 Report a problem
    5/29/2026Listed for sale$695,000$406/sqft
    Source: STAOR #142989 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $238,329 +2%
    2025$2,680 +5.3%$233,657 +2%
    2024$2,546 +1.7%$229,077 +2%
    2023$2,502 +1%$224,586 +2%
    2022$2,478 +1.5%$220,183 +2%
    2021$2,441 +1.4%$215,867 +1%
    2020$2,406 +0.5%$213,654 +2%
    2019$2,394 +2.2%$209,466 +2%
    2018$2,343 +1.6%$205,360 +2%
    2017$2,306 +2%$201,335 +2%
    2016$2,261 +4.7%$197,388 +1.5%
    2015$2,160 $194,425 +2%
    2014$2,160 $190,619 +0.5%
    2013-- $189,760 +4%
    2012-- $182,393
    2011-- $182,393 +0.8%
    2010-- $181,032 -0.2%
    2009-- $181,464 +2%
    2008-- $177,907 +2%
    2007-- $174,419 +2%
    2006-- $171,000 +2%
    2005-- $167,648 +2%
    2004-- $164,362
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $699,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $699,700