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$649,950
3 Days On Site

1129 Martin Avenue
South 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
Is this the listing for you? We can help make it yours.
916-806-1794
1129 Martin Avenue1129 Martin Avenue1129 Martin Avenue1129 Martin Avenue
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Monthly Payment (Est.)

$2,965
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 agoListing updated with changes from the MLS®
4 days agoListing 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

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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