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For sale
  • $1,489,889

    3581 Bill Ave, South Lake Tahoe, CA 96150

    9beds
    5baths
    4,354sqft
    : 
    Triplex
    Built in 1953
    -- sqft lot
    $1,383,600 Zestimate®
    $342/sqft
    $-- HOA

    What's special

    Modern lightingContemporary finishesFresh paintNew gas fireplacesBrand-new kitchensUpdated flooringRemodeled bathrooms
    Newly Remodeled Triplex - Investment Opportunity in South Lake Tahoe. 3581 Bill Ave presents an opportunity to own a remodeled, semi-vacant triplex in one of South Lake Tahoe's most sought-after locations.Just a short walk to Lake Tahoe, Whole Foods, and restaurants, this property is perfect for an investor or owner-occupant looking to start fresh with new tenants in a modernized space. The backyard looks down on the Whole Foods parking lot, with trail access both to the Lake, and through the surround Bijou forest areas. Each of the three units has been thoughtfully updated with contemporary finishes, including brand-new kitchens, all new appliances, updated flooring, fresh paint, modern lighting, new gas fireplaces, and remodeled bathrooms. Located just minutes from Heavenly Ski Resort, Stateline entertainment, and the best beaches in Tahoe, this triplex offers the perfect blend of investment potential and lifestyle appeal. Whether you're looking for long-term rentals, or a house-hacking opportunity, this is a turn-key property ready for immediate income. Limited photos as we are finishing a few details on the property, in person tours are available, with a complete photo package coming later this month.Opportunities like this don't come often in Tahoe, reach out today for more details or to schedule a private tour.
    94 days
    on Zillow
    |
    470
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 04, 2025 at 08:53am

    Listed by:

    Ryan S Smith 530-545-0045 rsmith@compass.com,

    Compass

    Source: STAOR,MLS#: 141255MLS LogoOriginating MLS: South Tahoe Association of Realtors
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 3581 Bill Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Heating
    • Forced Air, Separate Heat/Cool
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Sep. Water Heater, Gas Water Heater
    Features
    • High Speed Internet, 1st Unit: 3 Beds - 2 Baths, 2nd Unit: 3 Beds - 2 Baths, 3rd Unit: 3 Beds - 1 Bath
    • Windows: Double Pane Windows
    • Basement: Concrete/Crawl Space
    Interior area
    • Total structure area: 4,354
    • Total interior livable area: 4,354 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 10,019 Square Feet
    Details
    • Parcel number: 027112005000
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Frame, Masonry
    • Roof: Metal
    Condition
    • Year built: 1953

    Utilities & green energy

    • Sewer: City Sewer
    • Water: City Water, Water Meter
    • Utilities for property: Natural Gas Available, Cable Connected, High Speed Internet, Phone Connected

    Community & HOA

    Community
    • Subdivision: Bijou Park
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $342/sqft
    • Tax assessed value: $284,208
    • Annual tax amount: $3,154
    • Date on market: 3/5/2025
    • Date available: 01/01/1800
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Tenant pays: All Utilities
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