$3,550,000

347 Cottonwood Court, Incline Village, NV 89451

  • 4,872 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $729/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Turnkey Multi-Family Gem in Incline Village - Fully Remodeled; 5 of the units are currently rented long term! Don't miss this rare 6-unit investment in a prime low-elevation location—no HOA, One STR permit, but buyer will have to get their own. Potential for a 5.5% cap rate. Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3) stylish 1-bed/1.5-baths with sleek design, peek lake views, and private decks, and (2) fully equipped studios. All units feature high-end finishes, in-unit laundry, and come mostly furnished with household items—truly turnkey. Rent short, mid, or long term for maximum flexibility. Bonus: 4-car garage offers added income potential or storage. Comes with 20 IVGID passes, granting access to Incline's private beaches, golf courses, and rec centers. Live-in or STR the two-bedroom unit, rent the other five, and let Tahoe elevate your lifestyle—and your portfolio!

Listing Status:
Active
Date Added:
May 21, 2025 at 05:00AM
Listing Office:
Coldwell Banker Select Incline : 775-833-6400
Listing Agent:
John Eppolito : 775-832-8246
MLS ID:
250050105
  • Laundry: In Unit
  • Flooring: Vinyl
  • A/C: None
  • Heating: ElectricForced AirNatural Gas
  • Fireplace: Free StandingGasGas LogFireplaceFireplaces: 4
  • General: ResidenceNone
  • Other Structures: ResidenceNone
  • Parking: AssignedAsphaltLightedOn SitePaved
  • Roofing: CompositionPitched
  • Windows: BlindsDouble Pane WindowsWindow Coverings
  • General: Stone VeneerWood Siding2SlabCrawl Space
  • Road/Access: Public
  • HOA Amenities: Recreational FacilitiesNone
  • County: Washoe
  • Zoning: Multi-Family124-921-22
  • Fencing: Back YardChain Link
  • Utilities: Cable ConnectedElectricity ConnectedInternet ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedCellular Coverage
  • Water: Public
  • Sewer: Public Sewer

This listing courtesy of John Eppolito, Coldwell Banker Select Incline

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Incline Elementary School

915 Northwood Blvd, Incline Village, NV, 89451

Grades PK-5

0.65 miles away

I

Incline Middle School

931 Southwood Blvd, Incline Village, NV, 89451

Grades 6-8

0.91 miles away

I

Incline High School

499 Village Blvd, Incline Village, NV, 89451

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.