803 Merced Avenue Unit: A
Sold

803 Merced Avenue Unit: A

803 Merced Avenue, South Lake Tahoe, CA 96150

$535,000
Fixer-upper duplex opportunity in Al Tahoe with 2 detached, single-level residences, each offering 2 bedrooms, 1 bathroom and fully separate utilities. Both units are vacant and ready for renovation, creating a strong option for an investor, an owner-occupant looking to offset expenses with rental income, or a buyer seeking to build equity through improvements.The flat parcel provides approximately 4 off-street parking spaces, along with usable outdoor space that could be divided into separate yard areas. The detached configuration offers more privacy than a traditional side-by-side duplex, while the low entry price and conforming multifamily use provide meaningful upside. Pro forma rents are conservatively projected at $2,000 per month, per unit, depending on the scope and quality of improvements.Located just 2 blocks from Lake Tahoe, the property is within walking or biking distance of Regan Beach, neighborhood lake access and pier facilities near Lily Avenue, Lakeview Commons, meadow trails, restaurants and the newly renovated recreation and swim complex.

4
beds

1,100 Sq.Ft. LIVING AREA

4,792 Sq.Ft. lot

Mark Salmon

Mark Salmon

Ryan Smith

Ryan Smith

Features & Amenities

Interior

  • total bedrooms4
  • Laundry room Other/See Remarks

Area & Lot

  • Status Sold
  • Date Sold September 2, 2026
  • Living Area1,100 Sq.Ft.
  • Lot Area4,792 Sq.Ft.
  • MLS® ID143316
  • TypeMulti-Family
  • YEAR BUILT1955
  • NeighborhoodEast Shore

Exterior

  • water SourceCity Water
  • utilitiesNatural Gas Available, Cable TV, Telephone
  • roofAsphalt, Composition
  • HEAT TYPENatural Gas, Wall or Space Heater
  • sewerCity Sewer
  • SubstructureSlab

Financial

  • Sales Price$535,000

East Shore

Combining luxury lakefront living, alpine beauty, and endless outdoor adventure.

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