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1129 Martin Avenue South Lake Tahoe, CA $ 649,950
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1129 Martin Avenue
$ 649,950
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1129 Martin Avenue

South Lake Tahoe, CA, 96150
$ 649,950
Bedrooms2 Baths2.0 Sq 1,253

Monthly Estimate*

$ 4,104

1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 1
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 2
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 3
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 4
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 5
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 6
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 7
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 8
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 9
1129 Martin Avenue, South Lake Tahoe, CA 96150 - Image 10

Multi-Family Home for sale in South Lake Tahoe, CA

for $649,950 with 2 bedrooms and 2 full baths. This 1,253 square foot home was built in 1958 on a lot size of 0.11.

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).

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Multi-Family Active

Price

$ 649,950

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Cabin

Lot Size

0.11

Year Built

1958

Town/City

South Lake Tahoe

County/Region

El Dorado

MLS | Web ID

226094792
Features
General
Sewer Sewer in Street Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electric Natural Gas Connected
Roof Metal
Appliances Free Standing Gas Oven Free Standing Gas Range Gas Cook Top
Unit 4 Rent 0
Unit 2 Rent 1325
Unit 3 Rent 1350
Unit 1 Rent 1400
HOA Fee 0
Garage Spaces 0.0
Architectural Style Cabin
Construction Materials Frame Wood
Year Built 1958
Electric 220 Volts
Tenant Pays Rent Only
View Woods
Stories Count 1
Topography Snow Line Above Level
Levels One
Property Subtype Triplex
Elevation 0
County El Dorado
Property Type Residential Income
HOA N
Subdivision Name Tahoe Sierra 03
Total Rooms 0
Close Price 0.0
Status Active
Directions Hwy 50 to Omalley. Right on Omalley then right on Martin Avenue.
City South Lake Tahoe
High School District Lake Tahoe Unified
Zoning Description MDR
Open Parking Spaces 4.0
Number Of Units Total 3
MLS Area 13301
Lot Size Square Feet 4792.0
Carport Spaces 0.0
Property Condition Varies by Unit
Ok to Lease Varies By Unit
Standard Status Active
Middle/Junior School District Lake Tahoe Unified
Elementary School District Lake Tahoe Unified
Year Built Source Assessor Agent-Fill
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Interior
Basement None
Flooring Laminate
Total Stories 1
Unit 1 Full Baths 0
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 0
Unit3Bedrooms 1
Window Features Dual Pane Partial Window Coverings Window Screens
Laundry Features Varies by Unit
Unit 1 Bedroom Units Total 3
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Exterior Amenities Yard Space
Parking Features Open Street
Lot Features Shape Regular
Water Source Public
Total Parking 4.0
Foundation Details Slab
Number of Buildings 3
Lot Size Acres 0.11
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 1129
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* Excluded Features
List By
Foundation Real Estate

Broker

Kyliembowman4@gmail.com

Email

Affordability Calculator

$4,104
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Monthly Principal & Interest
$4,104
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193794 Elementary School
3193781 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
8/1/2026 $649,950 Listed Price

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1129 Martin Avenue, South Lake Tahoe, CA, 96150 is a Multi-Family Home for sale at $649,950 with 1,253 sqft and a lot size of 0.11. 1129 Martin Avenue has 2 bedrooms, 2.0 baths, and was built in 1958. The property's zip code is 96150 which is in South Lake Tahoe, CA

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