347 Cottonwood Ct

5,900 Sq. Ft.
$237 / Sq. Ft.
5,900
Sq. Ft.
$237
per Sq. Ft.

Description

Public Remarks: Rare opportunity to own a 6-Plex in Lake Tahoe, NV. This complex is in excellent condition comprised of: one 2 bedroom unit "The Owner's Unit" (1800' at $2250/mo), three 1 bedroom units (3 x 1000' at $1450/mo), and two nonconforming studios (2 x $1150/mo). The structure has a newer roof (2013) and it has been recently painted. A new common water heater was installed in 2018. This investment is fully leased and has a net operating income of $82,642. Bring your 1031 buyers. This opportunity...Public Remarks: Rare opportunity to own a 6-Plex in Lake Tahoe, NV. This complex is in excellent condition comprised of: one 2 bedroom unit "The Owner's Unit" (1800' at $2250/mo), three 1 bedroom units (3 x 1000' at $1450/mo), and two nonconforming studios (2 x $1150/mo). The structure has a newer roof (2013) and it has been recently painted. A new common water heater was installed in 2018. This investment is fully leased and has a net operating income of $82,642. Bring your 1031 buyers. This opportunity is
  1. Listed by Todd Disbrow • Engel & Volkers Lake Tahoe

Property Details for 347 Cottonwood Court

Zoning Actual
MDU
Total Parking Capacity
12
LISTING UPDATED: 05/24/2019 09:57 PM

Property Details for 347 Cottonwood Court

StatusSold
MLS #190003211
Days on Compass74
Taxes$8,992 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment Building (up to 8 Units)
Year Built1973
Lot Size0.32 AC / 13,939 SF
CountyWashoe County

Location

Listing Courtesy of Engel & Volkers Lake Tahoe, Todd Disbrow, License #8366

Sold By Engel & Volkers Lake Tahoe, Jeffrey Corman, License #9678

Add your commute

Building Information for 347 Cottonwood Court

Stories2Residences-Year Built1973Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$7,573 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,823

Property Taxes

$749

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 347 Cottonwood Court

Summary
Location and General Information
  • Area: Incline Village/N Tahoe
  • Zip: 89451
  • Geo Latitude: 39.252109
  • Geo Longitude: -119.962561
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 347 Cottonwood Ct
  • Geo Primary City: Incline Village
  • Geo Subdivision: NV
  • Geo Postal Code: 89451
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 347 Cottonwood Ct
  • County: Washoe
  • Xstreet/Directions: Northwood to Cottonwood
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $8,992.00
Parking
  • Parking Capacity per Unit: 2
  • Parking Types: Garage, Attached
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Owner
  • Year Built: 1973.0
  • Acreage: 0.32
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 12492122
  • Complex Name: 347 Cottonwood Court
  • Gross Square Footage: 5900.0
Property and Assessments
  • Documents On File: Financial Statements, Rental/Leases
  • ADA Compliant: No
  • Construction: Wood Frame
  • Associated Document Count: 1
  • LVT Date: 03-16-2019
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Natural Gas, Forced Air
  • Water Heater: Natural Gas
  • Windows: Double Pane
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Central Water Heaters, Tenant Pays Utilities
  • Common Features: BBQ/Picnic Area
  • Unit Features: Balcony, Drapes/Curtains, Garage Door Opener, Loft, Vaulted Cathedral Ceiling, Varies Per Unit
  • Appliances: Varies Per Unit
  • Laundry: Varies Per Unit
  • Flooring: Ceramic Tile, Carpet, Vinyl Tile
  • Green Features: None
Exterior Features
  • Foundation: Concrete/Crawl Space, Concrete Slab
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail
  • Landscaped: Partially Landscaped
  • Sprinklers: None
  • Fenced: Partial
Room
  • Studio - # Baths: 1
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 3
  • 1 Bedroom - SqFt/Unit: 1000
  • 1 Bedroom - Avg Rent/Unit: 1450
  • 2 Bedroom - # Baths: 2
  • 2 Bedroom - # Units: 1
  • 2 Bedroom - SqFt/Unit: 1800
  • 2 Bedroom - Avg Rent/Unit: 2250
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 2
  • Studio - SqFt/Unit: 550
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 1150
  • # Buildings: 1
  • # Units: 6
  • Stories: 2.0
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $24,158.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $106,800.00
  • Net Operating Income: $82,642.00
Agent
Showing and Remarks
  • Days to Contract: 44
  • Showing Instructions: See Remarks
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 74
  • DOMLS: 69
  • Cumulative DOM: 74
  • Cumulative DOMLS: 69
  • Possession: Subject to Tenants
  • Sale/Lease: For Sale
  • Contact Name: Todd C Disbrow
  • Contact Phone: 775-830-3735
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Leases

Property History for 347 Cottonwood Court

DateEvent & SourcePriceAppreciation
Jan 2, 2026

Temporarily Off Market

TSMLS #20251054

—
Dec 31, 2025

Expired

Incline Village #1017989

$3,372,500—
May 23, 2025

Listed (Active)

TSMLS #20251054

$3,550,000—
Apr 1, 2025

Temporarily Off Market

TSMLS #20250411

—
Mar 30, 2025

Withdrawn

Incline Village #1017989

$3,550,000—
Mar 25, 2025

Listed (Active)

TSMLS #20250411

$3,550,000—
Mar 24, 2025

Listed (Active)

Incline Village #1017989

$3,550,000—
Jun 11, 2023

Expired

Incline Village #1010248

$4,490,000—
Apr 20, 2023

Withdrawn

Incline Village #1010248

$4,490,000—
May 16, 2022

Listed (Active)

Incline Village #1010248

$6,500,000—
May 13, 2022

Withdrawn

NNRMLS #220006775

—
May 13, 2022

Listed (Active)

NNRMLS #220006775

$6,500,000—
May 24, 2019

Sold

Incline Village #1004804

$1,400,000—
May 23, 2019

Sold

NNRMLS #190003211

$1,400,000—
May 23, 2019

Pending

Incline Village #1004804

—
Apr 23, 2019

Pending

NNRMLS #190003211

—
Apr 10, 2019

Sold (Public Record)

Public Record #644969925

$1,400,000—
Mar 15, 2019

Listed (Active)

Incline Village #1004804

$1,428,000—
Mar 10, 2019

Listed (Active)

NNRMLS #190003211

$1,428,000—
DateEvent & SourcePrice
01/02/2026

Temporarily Off Market

TSMLS #20251054

—
12/31/2025

Expired

Incline Village #1017989

$3,372,500
05/23/2025

Listed (Active)

TSMLS #20251054

$3,550,000
04/01/2025

Temporarily Off Market

TSMLS #20250411

—
03/30/2025

Withdrawn

Incline Village #1017989

$3,550,000
03/25/2025

Listed (Active)

TSMLS #20250411

$3,550,000
03/24/2025

Listed (Active)

Incline Village #1017989

$3,550,000
06/11/2023

Expired

Incline Village #1010248

$4,490,000
04/20/2023

Withdrawn

Incline Village #1010248

$4,490,000
05/16/2022

Listed (Active)

Incline Village #1010248

$6,500,000
05/13/2022

Withdrawn

NNRMLS #220006775

—
05/13/2022

Listed (Active)

NNRMLS #220006775

$6,500,000
05/24/2019

Sold

Incline Village #1004804

$1,400,000
05/23/2019

Sold

NNRMLS #190003211

$1,400,000
05/23/2019

Pending

Incline Village #1004804

—
04/23/2019

Pending

NNRMLS #190003211

—
04/10/2019

Sold (Public Record)

Public Record #644969925

$1,400,000
03/15/2019

Listed (Active)

Incline Village #1004804

$1,428,000
03/10/2019

Listed (Active)

NNRMLS #190003211

$1,428,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 347 Cottonwood Court

Taxable ValueLand$119,000Additions$78,022Total$197,022
Tax Record2025$11,850 ($987 / month)
Home Facts
Baths6.5Total Finished SqFt4,872 SqFtAbove Grade Finished SqFt4,872 SqFtStories2Lot Size13,983 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973ZoningTA_IVRCountyWASHOEAPN124-921-22Fireplace TypeHas Fireplace

Schools near 347 Cottonwood Court

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Incline Elementary School
PublicPK to 5

Incline Middle School
Public6 to 8

Incline High School
Public9 to 12

Washoe Inspire Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Lake Tahoe, Todd Disbrow, License #8366

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.