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Sold for $940,000
  • $940,000

    3780 Stewart Way, South Lake Tahoe, CA 96150

    7beds
    6baths
    3,948sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $944,800 Zestimate®
    $238/sqft
    $5,384 Estimated rent

    Home value

    $944,800

    $860,000 - $1.04M

    $5,384/mo

    Zestimate® history
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    $5,974/mo

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    What's special

    Level lotAmple parking
    Introducing 3780 Stewart Way, a fully occupied 6-unit multi-family property situated in the heart of South Lake Tahoe's Stateline neighborhood. Listed at $1,050,000, this investment opportunity offers immediate and consistent cash flow in a high-demand rental market.The building is ideally located just minutes from Heavenly Ski Resort, the Stateline casinos, shopping, restaurants, and Lake Tahoe's world-famous beaches, making it a sought-after location for year-round tenants.Each unit is fully occupied with full time tenants. This well-maintained property sits on a level lot with ample parking, offering long-term potential for rental growth or value-add improvements. With South Lake Tahoe's continued demand for housing, this is a rare chance to own a multi-family asset in one of the region's most strategic and high-traffic locations.Whether you're looking to expand your portfolio or secure a foothold in the Tahoe market, 3780 Stewart Way delivers strong fundamentals, location, and occupancy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle A Blue-Benedict 530-308-4762 info@homestahoe.com,

    Berkshire Hathaway HS - SLT,

    Sarah K Benedict 530-318-5084,

    Berkshire Hathaway HS - SLT

    Bought with:

    Ramona R Hastings, 00832069

    Berkshire Hathaway HS - SLT

    Source: STAOR,MLS#: 142019MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Heating
    • Wall or Space Heater
    Cooling
    • Other
    Appliances
    • Included: Gas Water Heater
    • Laundry: Other/See Remarks
    Features
    • 1st Unit: 1 Bed - 1 Bath, 2nd Unit: 1 Bed - 1 Bath, 3rd Unit: 1 Bed - 1 Bath, 4th Unit: 1 Bed - 1 Bath, 5th Unit: Studio with 1 Bath, 6th Unit: 2 Beds - 1 Bath
    • Windows: Single Pane, Double Pane Windows
    • Has basement: No
    Interior area
    • Total structure area: 3,948
    • Total interior livable area: 3,948 sqft

    Property

    Parking
    • Total spaces: 10
    Features
    • Levels: Multi/Split
    Lot
    • Size: 10,018 Square Feet
    Details
    • Parcel number: 028043002000
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1957

    Utilities & green energy

    • Utilities for property: Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Unavail
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $754,375
    • Annual tax amount: $8,469
    • Date on market: 7/28/2025
    • Cumulative days on market: 118 days
    • Date available: 01/01/1800
    • Listing terms: Cash to New Loan
    • Total actual rent: 0
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    12/8/2025Sold$940,000-10.5%$238/sqft
    Source: STAOR #142019 Report a problem
    8/24/2025Pending sale$1,050,000$266/sqft
    Source: STAOR #142019 Report a problem
    7/28/2025Listed for sale$1,050,000+61.5%$266/sqft
    Source: STAOR #142019 Report a problem
    2/15/2021Listing removed--
    Source: Owner Report a problem
    7/15/2016Sold$650,000+38.3%$165/sqft
    Source: Public Record Report a problem
    2/15/2016Listing removed$1,395
    Source: Owner Report a problem
    1/15/2016Price change$1,395+16.7%
    Source: Owner Report a problem
    12/18/2015Listed for rent$1,195
    Source: Owner Report a problem
    10/1/2014Sold$470,000-5.8%$119/sqft
    Source: Public Record Report a problem
    8/27/2014Pending sale$499,000$126/sqft
    Source: Lake Valley Properties #122917 Report a problem
    7/23/2014Listed for sale$499,000$126/sqft
    Source: Lake Valley Properties #122917 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,469 +5.4%$754,375 +2%
    2024$8,036 +1.8%$739,584 +2%
    2023$7,897 +1%$725,083 +2%
    2022$7,821 +1.6%$710,866 +2%
    2021$7,701 +1.5%$696,929 +1%
    2020$7,591 +0.5%$689,784 +2%
    2019$7,555 +2.3%$676,260 +2%
    2018$7,388 +1.6%$663,000 +2%
    2017$7,273 +35%$650,000 +36.2%
    2016$5,388 +84.9%$477,166 +1.5%
    2015$2,914 $470,000 +89.9%
    2014$2,914 $247,471 +0.5%
    2013-- $246,355 +4%
    2012-- $236,791
    2011-- $236,791 +0.8%
    2010-- $235,024 -0.2%
    2009-- $235,584 +2%
    2008-- $230,966 +2%
    2007-- $226,438 +2%
    2006-- $221,999 +2%
    2005-- $217,647 +2%
    2004-- $213,380
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $944,800
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    Estimated market value
    $944,800