South Lake Tahoe Homes with Triplex Property Subtype

Welcome to South Lake Tahoe, a stunning gem nestled in the Sierra Nevada mountains of California's El Dorado County. Known for its breathtaking landscapes, pristine lake waters, and abundant outdoor activities, South Lake Tahoe is a year-round destination for nature lovers and adventure seekers alike. Whether you're skiing on the slopes in winter, hiking scenic trails in summer, or enjoying the vibrant local culture, this city offers a unique blend of relaxation and excitement.

For those considering a home in this picturesque area, triplex properties present a fantastic investment opportunity. These multi-family homes not only provide ample living space but also the potential for rental income, making them an appealing choice for both investors and homeowners. Imagine owning a property that allows you to enjoy the serene beauty of South Lake Tahoe while generating income from vacation rentals or long-term tenants.

Triplex homes in South Lake Tahoe often feature spacious layouts, modern amenities, and are conveniently located near local attractions. With easy access to the lake, hiking trails, and ski resorts, you and your tenants can immerse yourselves in the natural beauty that surrounds you. The charm of a triplex property lies not just in its potential for income, but also in the sense of community it fosters.

Explore the possibilities of owning a triplex in South Lake Tahoe, where you can enjoy the stunning scenery, engage in outdoor adventures, and embrace a lifestyle that many only dream of. With a vibrant real estate market, now is the perfect time to invest in your own slice of paradise!

Newest South Lake Tahoe Homes with Triplex Property Subtype

$649,950

1,253 SqFt. ⋅ 226094792 MLS

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).

1129 Martin Avenue, South Lake Tahoe

Listing courtesy of Foundation Real Estate.

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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 .