About 347 Cottonwood Court
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!
Features of 347 Cottonwood Court
| MLS® # | 250050105 |
|---|---|
| Price | $3,550,000 |
| Bathrooms | 0.00 |
| Acres | 0.32 |
| Year Built | 1973 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 347 Cottonwood Court |
|---|---|
| Area | 89451 |
| City | Incline Village |
| County | Washoe |
| State | NV |
| Zip Code | 89451 |
Amenities
| Utilities | Cellular Coverage, Internet Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Asphalt, Assigned, Lighted, On Site, Paved |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Natural Gas |
|---|---|
| Fireplace | Yes |
| Fireplaces | Free Standing, Gas, Gas Log |
| # of Stories | 2 |
Exterior
| Lot Description | Level, Other |
|---|---|
| Windows | Blinds, Double Pane Windows, Window Coverings |
| Roof | Pitched, Composition |
| Construction | Stone Veneer, Wood Siding |
| Foundation | Slab, Crawl Space |
Additional Information
| Date Listed | May 21st, 2025 |
|---|---|
| Zoning | Multi-Family |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Select Incline |
|---|