1129 Martin Avenue, South Lake Tahoe, CA 96150

South Lake Tahoe
Local realty services provided by:ERA Carlile Realty Group
1129 Martin Avenue,South Lake Tahoe, CA 96150
$649,950
  • - Beds
  • - Baths
  • 1,253 sq. ft.
  • Multi-family
  • Pending
Listed by: kylie bowman
Office: foundation real estate
MLS#:226094792
Source:MFMLS

Price summary

  • Price:$649,950
  • Price per sq. ft.:$518.72

About this home

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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Home facts

  • Year built:1958
  • Subdivision & Development:Tahoe Sierra 03
  • Listing ID #:226094792
  • Added:46 day(s) ago
  • Updated:September 17, 2026 at 07:40 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Free Standing Gas Oven, Free Standing Gas Range, Gas Cook Top
  • Living area:1,253 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Metal
  • Year built:1958
  • Building area:1,253 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Shape Regular
  • Construction Materials:Frame, Wood
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer, Sewer in Street

Finances and disclosures

  • Price:$649,950
  • Price per sq. ft.:$518.72

Features and amenities

  • Laundry features:Varies by Unit

Parking

  • Total parking spaces:4
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 17, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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