South Lake Tahoe Homes with Apartments Subtype Description

Welcome to South Lake Tahoe, a picturesque gem nestled in the heart of California’s El Dorado County. Renowned for its stunning alpine scenery, this vibrant city offers a unique blend of outdoor adventure and serene living, making it an ideal destination for both residents and visitors alike. With its crystal-clear lake, majestic mountains, and a plethora of recreational activities, South Lake Tahoe is a haven for nature enthusiasts and thrill-seekers.

The city boasts a diverse real estate market, with homes that cater to a variety of lifestyles. Among these, homes with apartment subtypes present a fantastic opportunity for those seeking versatility and potential income. Imagine owning a charming property that not only serves as your primary residence but also features a separate apartment, perfect for guests, extended family, or even rental income. This dual-living arrangement allows homeowners to maximize their investment while enjoying the breathtaking surroundings.

South Lake Tahoe is not just about stunning views; it’s a community filled with warmth and charm. With a vibrant downtown, a variety of dining options, and year-round events, there’s always something happening. From skiing in the winter to hiking and biking in the summer, the outdoor activities are endless.

Whether you’re looking to settle down in a cozy home with an apartment or invest in a property that offers flexibility and income potential, South Lake Tahoe is the perfect place to call home. Come discover the magic of this enchanting city and find your dream property today!

Newest South Lake Tahoe Homes with Apartments Subtype Description

$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 .