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$649,950
3 Days On Site
1129 Martin AvenueSouth Lake Tahoe, CA 96150
For Sale|Triplex|Active
2
Beds
2
Total Baths
2
Full Baths
800
SqFt
$812
/SqFt
1958
Built
Subdivision:
Tahoe Sierra 03
County:
El Dorado
Call Now: 916-806-1794
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916-806-1794



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Exceptional opportunity to own a versatile triplex in the heart of South Lake Tahoe. Ideally located just minutes from the lake, Heavenly Mountain Resort, Lake Tahoe Community College, shopping, restaurants, and countless year-round outdoor activities. Currently generating over $4000 per month in gross rental income, 1129 Martin Ave is an excellent option for an investor seeking steady cash flow. The property also offers the potential to combine the front two units into a larger single-family residence while keeping the rear unit as a guest house or income-producing unit (Buyer to verify all possibilities with the city of South Lake Tahoe).
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Listing Snapshot
Price
$649,950
Days On Site
3 Days
Bedrooms
2
Inside Area (SqFt)
800 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1958
MLS® Number
226094792
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 21 hours ago | Listing updated with changes from the MLS® | |
| 4 days ago | Listing first seen on site |
General Features
Acres
0.11
Cross Street
Omalley Drive
Foundation
Slab
Levels
One
Number Of Stories
1
Parking
OpenOn Street
Parking Spaces
4
Property Sub Type
Triplex
Sewer
Public Sewer
Style
Cabin
Utilities
Natural Gas ConnectedSewer Available
Water Source
Public
Zoning
MDR
Interior Features
Appliances
Free-Standing Gas OvenFree-Standing Gas RangeGas Cooktop
Basement
None
Electric
220 Volts
Flooring
Laminate
Heating
Wall Furnace
Window Features
Window CoveringsDouble Pane WindowsScreens
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Exterior Features
Construction Details
Frame
Lot Features
Level
Roof
Metal
View
Trees/Woods
Waterview
Trees/Woods
Windows/Doors
Window CoveringsDouble Pane WindowsScreens
Community Features
Financing Terms Available
CashConventionalSubmit
MLS Area
13301
School District
El Dorado
Schools
School District
El Dorado
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Foundation Real Estate
All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Last checked 2026-08-05 07:37 AM PDT
All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Last checked 2026-08-05 07:37 AM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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