BEDS4
BATHS2 full
SQUARE FEET2,330
MLS#2185704
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCROWS ADDITION-BON
Property Description
Turnkey multi-family property generating $2,500 per month in rental income with both units currently occupied. This is a strong addition to any investment portfolio with cash flow and upside potential. The main floor unit features 3 bedrooms and 1 bathroom, offering a spacious layout ideal for families. The basement unit includes 1 bedroom and 1 bathroom, providing a comfortable and private living space for tenants. This property is priced to move, with value-add potential as pricing may be adjusted following upcoming renovations, making this an excellent opportunity to secure equity early. Units will be vacant on May 1, 2026, allowing for owner occupancy or the flexibility to set new rental rates. Showings will be available after May 1, 2026. Dont miss this chance to own a high-performing rental property with built-in income and future appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: Mini Split
Garage: 1
Heating: Natural Gas, Forced Air
Lot Size: 0.14 Acres
Roof Type: Metal
Taxes: $3,422
Year Built: 1921
Units
Unit Type 1:
Bedrooms: 3
Bathroom(s): 1
Rent: $1500.00
Square Footage: 1257
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1
Rent: $1000.00
Square Footage: 1257
Feature Descriptions
Amenities: Common Laundry
Driveway: Concrete
Exterior: Wood Siding
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Landscaping: Established Lawn, Established Trees
Owner Pays: Gas, Electricity, Sewer, Water
Parcel #: RPA0540007041A
Sewer: Public Sewer
SQFT Above Grade: 1260
SQFT Below Grade: 1070
Tenant Pays: Cable TV, Snow Removal
Units: 2
Water: Public
Local Schools
High School: IDAHO FALLS 91HS
Middle School: EAGLE ROCK 91JH
Elementary School: EMERSON 91EL
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty East Idaho
Agency Phone: 2085298888
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 243-7334
Estimate Your Payment
Estimated Payment
$ 1,115.85 per month $734.44 Principal & Interest $285.17 Property Tax $96.25 Homeowner's Insurance
371 3rd Street | MLS# 2185704
This multi-family property located at 371 3rd Street, Idaho Falls, ID 83401 is currently listed for sale with an asking price of $330,000. Search Idaho Falls real estate on www.cbidahofalls.com today.