BEDS16
BATHS16 full
SQUARE FEET12,300
MLS#2185284
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRAILROAD ADDITION-BON
Property Description
Chicane is a fully rebuilt 16-unit apartment building in downtown Idaho Falls. One block to the Snake River and Riverwalk Park. The seller took the property down to the shell and rebuilt it correctly€”new roof, electrical, plumbing, systems, and finishes. The location is tops! Walkable, central, and surrounded by downtown energy that tenants actually want: restaurants, offices, retail, and nightlife. From an operational standpoint, Chicane is clean and straightforward. Modern systems mean lower maintenance, more predictable expenses, and fewer surprises. The 2025 numbers support a solid in-place return with upside through professional management, modest rent optimization, and continued downtown revitalization. This is a rare chance to own a rebuilt, mid-sized apartment asset in a supply-constrained downtown core€”without taking on construction risk. Call for offering packet, 3-D tour & Dropbox links!
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Ductless, Mini Split
Heating: Mini Split
Lot Size: 0.40 Acres
Roof Type: Membrane
Taxes: $13,560
Year Built: 1915
Feature Descriptions
Amenities: Additional Storage, Common Laundry, Laundry Included, Off Street Parking, Sidewalks
Days on Site: 10
Driveway: Asphalt
Exterior: Brick
Flood Plain: No
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Landscaping: Established Lawn, Flower Beds, Outdoor Lighting, Sprinkler-Auto, Sprinkler System-Full
Location: Interstate Exit/Access, Near Mall/Shop, Near Park, Near Public Bus Stop, Near Stream/River, Near University/College
Owner Pays: Common Area Maintenance, Insurance, Grounds Care, Electricity, Snow Removal
Parcel #: RPA1980011007A
Sewer: Public Sewer
SQFT Above Grade: 12300
Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water
Topography: Level
Units: 16
Water: Public
Local Schools
High School: IDAHO FALLS 91HS
Middle School: EAGLE ROCK 91JH
Elementary School: HAWTHORNE 91EL
Listed By / Shown By
Listed By
Agency Name: Armstrong Flinders and Associates
Agency Phone: 8013751075
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (208) 243-7334
Estimate Your Payment
Estimated Payment
$ 8,178.25 per month $6,231.59 Principal & Interest $1,130.00 Property Tax $816.67 Homeowner's Insurance
488 D Street | MLS# 2185284
This multi-family property located at 488 D Street, Idaho Falls, ID 83402 is currently listed for sale with an asking price of $2,800,000. Search Idaho Falls real estate on www.cbidahofalls.com today.