Triplex With Flexible
New
For Sale
$649,950
1129 Martin Avenue, South Lake Tahoe, CA 96150
Three-unit property near Lake Tahoe, Heavenly Mountain Resort, and Lake Tahoe Community College.
Property Size800 SF
Days on Market4
Property Features for 1129 Martin Avenue
General Information
Standard status
Active
Size
800 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Building Details
Building Size
800 SF
Year Built
1958
Listing Agency:
Foundation Real Estate
(916) 684-9731
Listed By:
Kylie Bowman
Source:
Teamnavigate
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 4 at 5:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foundation Real Estate
Investment Insights
Based on property information with market context.
This triplex at 1129 Martin Avenue contains three residential units and was built in 1958. The existing configuration includes two front units and a separate rear unit, creating options for maintaining distinct residences or evaluating a different layout. The front two units may potentially be combined into a larger single-family residence, while the rear unit could remain a guest house or income-producing unit, subject to verification with the City of South Lake Tahoe.
The property is situated in South Lake Tahoe near Lake Tahoe, Heavenly Mountain Resort, Lake Tahoe Community College, shopping, and restaurants. Its location also places residents near year-round outdoor activities. The unit arrangement and proximity to established recreational, educational, retail, and dining destinations give this property a range of residential use considerations.
The property is situated in South Lake Tahoe near Lake Tahoe, Heavenly Mountain Resort, Lake Tahoe Community College, shopping, and restaurants. Its location also places residents near year-round outdoor activities. The unit arrangement and proximity to established recreational, educational, retail, and dining destinations give this property a range of residential use considerations.
Key Highlights
- Triplex with three residential units
- Built in 1958
- Front two units may potentially be combined, subject to city verification
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property near Lake Tahoe, Heavenly Mountain Resort, and Lake Tahoe Community College.
Where is this triplex located?
The property is located at 1129 Martin Avenue South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $649,950.
What are key features of this property?
This property features: Triplex with three residential units; Built in 1958; Front two units may potentially be combined, subject to city verification
