Date
Details
Price
Change
Source
8/01/2026
Listed
$649,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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 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)
Full Property Details
Full Property Details for 1129 Martin Ave
General
- Price: $649,950
- Status: Active
- Type: Triplex
- Source: South_Tahoe_MLS
- MLS ID: 143291
- Updated: 8/11/2026
- Added to Site: 25 day(s) ago
Rooms
Other Rooms
- Laundry: Other/See Remarks
Parking
- Total Spaces: 4
Location
- Area: Tahoe-Sierra
- County: El Dorado
- Subdivision: Tahoe Sierra 3
- Cross Streets: Omalley Drive
- Driving Directions: Hwy 50 to Omalley Drive. Right on Omalley then right on Martin.
Heating & Cooling
- Heating Type: Wall or Space Heater
- Water Heater: Other/See Remarks
Utilities
- Utility Description: NaturalGasAvailable
Structural Information
- Construction Status: Wood Frame, Wood Siding
- Construction: Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Metal
- Windows/Doors: Other/See Remarks
- Entry Location: One Story
- Stories/Levels: One Story
- Year Built: 1958
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Source: Assessor
- Zoning: Multi-Family
Financial Considerations
- Price Per Sq. Ft.: $518.72
- Price Per Acre: $5,908,636.36
Disclosures and Reports
- CC&Rs: Yes
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1129 Martin Ave —
kyliembowman4@gmail.com;916-626-1019
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1129 Martin Ave
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Tahoe Valley Elementary School 943 Tahoe Island Drive, South Lake Tahoe, CA 96150 | K-5 | 1.3 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 0.8 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1129 Martin Ave
Tax History
Tax History for 1129 Martin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,429
7%
$117,084
2%
2023
$1,339
—
$114,790
2%
2023
$1,339
1%
$112,540
2%
2022
$1,327
1%
$110,334
2%
2021
$1,308
1%
$108,171
1%
2020
$1,290
—
$107,062
2%
2019
$1,284
2%
$104,964
2%
2018
$1,258
2%
$102,907
2%
2017
$1,239
2%
$100,890
2%
2016
$1,216
1%
$98,913
2%
2015
$1,204
2%
$97,430
2%
2014
$1,185
—
$95,523
—
2013
$1,181
—
$95,094
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1129 Martin Ave
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- Single Family
- Closed
- 2Beds
- 2Total Baths
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Sold by Non-MLS Office
Sold by Non-MLS Office
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- Closed
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- 2Total Baths
- 1,436Sq. Ft.
Listed by Chase International - South Lake Tahoe, Brent Johnson
Sold by Sierra Sothebys, Patty Turner
Sold by Sierra Sothebys, Patty Turner
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Sold by Mountain Luxury Properties, Megan Waskiewicz
Sold by Mountain Luxury Properties, Megan Waskiewicz
1129 Martin Avenue, South Lake Tahoe, CA 96150 (MLS# 143291) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1129 Martin Avenue is currently listed for $649,950 and was received on August 01, 2026. Want to learn more about 1129 Martin Avenue? Do you have questions about finding other Triplex real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.