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About This Home

This 0-bedroom, 0-bathroom residential multi family at 905 Lapham Drive in South Lake Tahoe, CA is listed for $459,000 ($499 per sqft). Built in 1957, the home offers 920 sqft of living space on a 0.14 acres lot.

Agent Description

Rare chance to own a duplex in the desirable Tahoe Island neighborhood of South Lake Tahoe. Each unit has separate utility meters, providing flexibility for both investors and owner-occupants.Ideal for a buyer looking to live in one unit while offsetting the mortgage by renting the other, or for those seeking a long-term rental investment in a high-demand local housing market.

The property provides income potential while still enjoying the benefits of homeownership in Tahoe.Conveniently located near shopping, restaurants, and bike paths, and just minutes to Lake Tahoe beaches and a short drive to Heavenly Ski Resort. The setting combines a residential neighborhood feel with easy access to year-round recreation.Ready for

a new owner's personal touches and future improvements, offering the opportunity to build equity over time.A versatile property well-suited for full-time residents, second-home owners, or investors looking for a foothold in the Lake Tahoe Basin.

Key Features

  • Built in 1957
  • 0.14 acre lot

Property Details

1957

Monthly Cost Estimate

$2,455/mo

20% down · 6.5% · 30 years

Principal$332
Interest$1,989
Insurance$134

Estimates only. Actual payments may vary.

Location

905 Lapham Drive

South Lake Tahoe, CA 96150

Property Details

Construction

Wood Frame Wood Siding

Heating

Space Heater

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 905 Lapham Drive is listed at $459,000 ($499/sqft). The estimated monthly payment is $1,989 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.14 acre lot.

This property is listed by Bret Howard and can be reached at (925) 244-1933 or gretchen.pearson@bhhsdrysdale.com.

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BH

Bret Howard

Agent at Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

(925) 244-1933

Listed by Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe · View on Broker Site

MLS# 142551· Source: listhub· Updated 44 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.

905 Lapham Drive, South Lake Tahoe, CA 96150

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