South Lake Tahoe Homes with Triplex Property Subtype

Welcome to South Lake Tahoe, a breathtaking gem nestled in the Sierra Nevada mountains of California's El Dorado County. Known for its stunning alpine scenery, pristine lake, and year-round outdoor activities, South Lake Tahoe is a destination that effortlessly combines the charm of a small town with the allure of adventure. Whether you're an outdoor enthusiast or someone who enjoys a peaceful retreat, this vibrant community offers something for everyone.

One of the most exciting property options in South Lake Tahoe is the triplex. These unique homes provide an exceptional investment opportunity, allowing you to live in one unit while renting out the others. Imagine waking up to panoramic views of Lake Tahoe or the majestic mountains, all while enjoying the benefits of rental income. Triplex properties are ideal for families seeking spacious living arrangements or investors looking to capitalize on the booming vacation rental market.

With the flexibility to accommodate multiple families or groups, triplex homes in South Lake Tahoe are perfect for those who want to enjoy the area's natural beauty without sacrificing comfort. The proximity to world-class skiing, hiking trails, and the stunning shores of Lake Tahoe makes these properties highly sought after.

In South Lake Tahoe, you’re not just purchasing a home; you’re investing in a lifestyle filled with adventure, relaxation, and a sense of community. Explore the possibilities that triplex living offers in this enchanting city, and let your dreams of mountain living become a reality!

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 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.

Start Your Search

metrolist logo

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 .