1129 Martin Avenue, South Lake Tahoe, CA 96150
- $649,950
- 1,253
- SqFt
- List Price
- $649,950
- MLS#
- 226094792
- Status
- ACTIVE
- Living Sq. Ft
- 1,253
- Square Footage
- 1253
- Type
- Multifamily
- Zip
- 96150
- city
- South Lake Tahoe
Property Description
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 out 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).
Additional Information
- Tenant Pays
- Rent Only
- Land Area (Acres)
- 0.11
- Year Built
- 1958
- Number of Buildings
- 3
- Number of 1 Bedroom Units
- 3
- Roof Description
- Metal
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Listing courtesy of Foundation Real Estate.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .