6 units located centrally in Idaho Falls. Very low maintenance costs. Each unit is identical with 1 bedroom, kitchen, living room, and laundry hookups. Large parking lot with 7 covered spots and extra off-street parking. Gross rents are $4690. Please do not disturb tenants.
Great Investment Opportunity! New 4 Plex in Freedom Acres. Some of the OUTSTANDING FEATURES: Granite Counters, Open Concept, Spacious Bedrooms, GREAT Location to Idaho Falls, Rexburg, Rigby, Ririe, Swan Valley. You don't want to miss this Opportunity. Call TODAY for your Private Showing. Pictures of inside of Unit are of another unit but are representative of the inside of this unit. Currently under Construction with an Estimated Completion Date Spring 2026.
Located near the scenic Green Belt, this attractive duplex offers a fantastic investment or owner-occupant opportunity. Each unit features 2 bedrooms and 1 bathroom, with a functional layout designed for comfortable everyday living. Appliances are included, providing added convenience and value for residents. The property also boasts a fully fenced yard, offering privacy and security, along with a covered patio that creates an inviting space for outdoor relaxation or entertaining. Situated close to trails, parks, and local amenities, this duplex combines a desirable location with practical features that appeal to both tenants and owners alike.
Brand-new 2025 4-plex in an unbeatable Idaho Falls locationâ??right across from Falls Valley Elementary adding convenience and just minutes from shopping and restaurants! This modern 2-story building includes four well-designed units, each featuring an open-concept main floor with beautiful wood cabinetry, granite countertops, an island, and a convenient half bath. Upstairs, each unit offers three spacious bedroomsâ??including a private master suiteâ??and a dedicated laundry area. Every unit also includes an attached double-car garage, providing added convenience and storage. With low-maintenance construction and designated parking, this is a fantastic investment or income-generating property ready for its first occupants.
Brand-new 2025 4-plex in an unbeatable Idaho Falls locationâ??right across from Falls Valley Elementary adding convenience and just minutes from shopping and restaurants! This modern 2-story building includes four well-designed units, each featuring an open-concept main floor with beautiful wood cabinetry, granite countertops, an island, and a convenient half bath. Upstairs, each unit offers three spacious bedroomsâ??including a private master suiteâ??and a dedicated laundry area. Every unit also includes an attached double-car garage, providing added convenience and storage. With low-maintenance construction and designated parking, this is a fantastic investment or income-generating property ready for its first occupants.
Charming Duplex in the Heart of Idaho Falls! Centrally located and close to schools, parks, shopping, and everyday conveniences, this well-maintained duplex is an ideal investment opportunity or perfect for an owner-occupant looking to offset their mortgage. Home features newer boiler heating system and easy to maintain vinyl siding. The upper unit features 2 bedrooms and 1 bathroom, a full kitchen, and spacious dining and living areas, offering comfortable and functional living. The lower unit includes 1 bedroom and 1 bathroom with a brand-new kitchen, making it move-in ready and highly appealing to potential tenants. Each unit comes with 2 dedicated parking spaces, a rare find in this area. Whether you're expanding your rental portfolio or seeking a versatile property with income potential, this duplex delivers convenience, flexibility, and strong rental appeal.
Welcome to this charming triplex in the heart of Idaho Falls, ideally located near the picturesque Idaho Falls Greenbelt. Set in a tranquil neighborhood, this historic property offers unique character and inviting warmth. As you arrive, you'll notice the appealing curb presence and classic architectural details. Inside, the vintage features create a distinctive atmosphere. The spacious living room includes large windows, French doors, and an adjacent office area. The kitchen provides a comfortable space for meal preparation, with a nearby breakfast nook for casual dining. A formal dining room offers additional room for hosting gatherings. Upstairs, the property includes two separate living areas, each with its own kitchen and bath. The basement provides an additional bedroom and ample storage options. Outdoors, mature trees offer shade and a sense of privacy, creating an ideal setting for outdoor dining, gardening, or relaxing in the peaceful surroundings. A garage adds convenient parking and extra storage space. This well-maintained, older home provides a unique connection to the history and charm of Idaho Falls. With the Greenbelt only minutes away, you'll enjoy easy access to scenic walking paths, biking trails, and views of the Snake River.
Wellington Manor is a fully renovated 27-unit asset in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9' ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Rare opportunity for investors seeking a stable 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B
Chicane is a fully rebuilt 16-unit apartment community 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 correctlyâ??new roof, electrical, plumbing, systems, and finishesâ??eliminating the usual deferred maintenance and capital risk that plagues older downtown assets. The location is the hook. Walkable, central, and surrounded by downtown energy that tenants actually want: restaurants, offices, retail, and nightlife. This is not fringe â??downtown-adjacent.â? It's right where demand holds up through cycles. From an operational standpoint, Chicane is clean and straightforward. Modern systems mean lower maintenance, 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 coreâ??without taking on construction risk. Call for offering packet, 3-D tour & Dropbox links
Rare Owner/Investor Opportunity! This unique 2.77-acre property offers three separate homes plus multiple storage outbuildings â?? an investment package that's hard to find! Perfectly situated just outside of town, the property features a tree-lined frontage with a peaceful canal running along the front, creating a private, serene setting. Each home has a strong history of long-term tenants, providing steady, reliable rental income. Quick highway access makes it easy for residents to commute while enjoying the benefits of a more rural location. With ample space, established income, and room to expand, this is an excellent chance to grow your investment portfolio or offset your mortgage with consistent rental revenue. Opportunities like this don't come around often â?? secure yours today!
5-Unit Investment Property, Long-Term Tenants with steady income and solid fundamentals in this classic 5-unit apartment building. All units are ground-level, with simple, functional layouts that have kept long-term tenants in place. The property includes four garage spaces and additional off-street parking and income. It's been well-maintained and delivers consistent returns. This is a straightforward opportunity for investors seeking stable cash flow with room for future value-add improvements. Driveway, curb and gutter have been recently replaced. Lots of extras doors & supplies
This duplex has a great rental history. Agent owned. This property will be part of a 1031 exchange.
Newly built duplex is an awesome investment property! Duplex sits on a corner lot and each unit has a 2 car garage. Each side is 1940 square feet. Each side has 3 bedrooms and 2 full baths. Large open living room and kitchen area. Kitchen comes with all appliances and has a large center island. Main level has primary bedroom and entrance to the main bathroom. There is lots of storage. The basement has a large family room, 2 more bedrooms and a full bath. Laundry is just off of the 2 bedrooms. Located close to shopping and schools. Don't miss out on this great property.
New Duplex in Idaho Falls â?? Modern Living, Great Location! This beautifully updated duplex in Idaho Falls features two well-designed units, offering the perfect blend of comfort and style. The first unit boasts 3 bedrooms and 1 bath, while the second unit has 2 bedrooms and 1 bath. Both units are equipped with full-service kitchens, including sleek quartz countertops, and feature a spacious, open layout that makes the most of every square foot. Both units have newly painted exteriors, along with durable metal roofing and siding for low maintenance and long-lasting curb appeal. The shared laundry area is conveniently located for easy access. Whether you're looking for an investment property or a place to call home, this duplex offers great potential and modern amenities. Don't miss out on this move-in ready opportunity in a prime locationâ??schedule your tour today!
With an assumable FHA loan at 4.375% for 30 years with about $523,000 balance left this is a great investment opportunity. Each unit comes with a 2 stall garage. This property has a newer roof on the garage and newer flooring in units 2 and 3, and is getting new LVP in a unit currently. Has a great layout and is close to shopping, dining, and parks! Property is being sold as-is.
Newly remodeled triplex on the historic numbered streets. New paint (interior and exterior), new LVP, new cabinets, new tile, new carpet, new countertops, new everything! All three units are very large with finished basements, giving you tons of square footage. The first two units are 3 bed 1 bath units, and the third unit is very large with 4 bedrooms and 1 bathroom. Each unit has laundry hookups downstairs. Gas forced air in all the units for low utilities. Also included is a 1-car garage with each unit, which can be rented for additional income. Roof was replaced 3-4 years ago. Come check out this great income-producing property!
Incredible rare investment property located in Original Townsite of Idaho Falls. Great income generator. Many new updates with lots of possibilities for growth. 9 units Low exterior maintenance. Has an area for future coin op laundry center. 1 unit has washer/ dryer hook ups Tour of units will take place once an agreement has been reached. P& L and rents will be given upon request. High demand for units. Have only been vacant for present owners while updating. Additional lot is included in legal description, will need to be separated, not included in this sale. Each unit is on a separate meter for electricity and utilities. Tenant pays all utilities except for Gas water heater and outside lights. Copies of those bills available up on request.
Unparalleled opportunity to own a 42 unit residential investment property in the historic downtown of Idaho Falls. The property sits only 3 blocks from the five mile Greenbelt along the Snake River and a mile from Interstate 15. The property was built as a motel and is currently functioning as a month-to-month residential rental property. It could continue functioning the way it is with a lot of growth potential or it could be converted back into a motel or nightly rental. All units have been painted and and new flooring installed within the past five years. - All units are in one building. - Some units have one access and others are larger and have both a front and back access. - Each unit is furnished similar to what you'd find in a typical hotel room. - There is an office space with an adjoining unit that could be used for management living with a full kitchen. - The building is heated with a central boiler system. -The average rents for all the units at this time is approximately $650/mo. - On-site coin-op laundry provides additional income. -Dozens of restaurants and shop within walking distance.
INCREDIBLE investment property in the heart of Idaho Falls completely remodeled ! Trust us, you won't want to pass up this opportunity on this fabulous duplex on the numbered streets. The upper unit is completely redone and features new paint and flooring throughout plus new doors. Off the entry is a large living room flowing into a spacious kitchen with cutout providing open communication between the spaces. This unit also has 2 newly remodeled bedrooms and a remodeled full bathroom. This unit comes with an attached private deck. The lower unit has a separate entrance and features 2 bedrooms and a bathroom with a new tub/shower. This unit is currently fully finished and is ready fro renters. This unit also comes with amazing fireplace . Outside, this adorable brick home has 3 sheds included on the property. There are currently no tenants. This is a one of a kind property and could to be an outstanding investment! Priced to sell quick!!!
IF THE BUYER WOULD LIKE THE HOME CONVERTED TO A DUPLEX, SELLER WILL INCLUDE THE CONVERSION TO A DUPLEX WITH THE FOLOWING ADDITIONS: 1) Kitchenette in laundry area in bottom unit 2) Stackable washer/ dryer off kitchen/ dining area in upper unit 3) The side entrance stairwell will both have a door separating the kitchen in the upper unit AND at the bottom of the stairs separating the bottom unit. Boasting brand new flooring and paint, generous natural light, and updated lighting, the living room is the perfect space for entertaining! The kitchen features new countertops, a breakfast bar, white cabinets, a subway tile backsplash, and brand-new stainless-steel appliances. Two adorable bedrooms with new flooring, original built-ins with updated hardware, architectural details, and a full bathroom with custom tile complete the main floor. Descending the stairs reveals a family room with new paint, lighting, and flooring, and a spacious master bedroom suite offering a bathroom, and closet storage. The sizable laundry room has tons of room for storage, and a closet with built-ins. Additional amenities of the home include a large backyard, an attached one-car garage, new electrical, new plumbing, new flooring throughout, moldings around every window, and mature landscaping.
Custom built 2022 Triplex in the heart of Idaho Falls with spectacular features! Do not wait on this spectacular investment property spanning 4,425 SqFt over 3 amazing units and each unit has its own double car detached garage. Located just minutes from Central Park on foot, this property is near all the amenities. Each unit boasts 9' ceilings on the main level and features amazing natural light throughout that highlight the high-end features. Once inside, these 2-story units host an open concept living space with large living rooms with front windows, recess lighting & beautiful new floor coverings that extend into the fabulous kitchen. This area has natural wood cabinetry, comes with stainless appliances (excluding refrigerator) & plenty of counter space including a bar area. Off the kitchen is a half-bathroom & finished storage under the stairs. Continuing to the upper floor, the units boast 2 great-sized bedrooms, a full bathroom, a walk-in laundry room & a spectacular master suite with a walk-in closet & a huge attached bathroom with a fully tiled walk-in shower. The triplex will come fully landscaped. Great care has been put into this amazing property & once inside you'll not want to leave!
Welcome to 240 I Street! This property is the perfect investment, with an ideal location and a charming home! This classic craftsman style home is located near historic downtown Idaho Falls, just minutes from the greenbelt. With original finishes and features, like the arched doorways, and decorative door trim, this beautiful home is full of character and charm. A large front porch is the perfect place to enjoy the beautiful nights. At over 1,200 square feet, the main floor unit consists of three bedrooms and two bathrooms. A spacious living room leads into the dining room, providing for plenty of living space. The kitchen has a nice breakfast bar and great storage. The second floor consists of two units, both have one bedroom and one bathroom, a kitchen with an eat-in dining area and a sizable living room with plenty of natural light. Deep closets provide for great storage! These units are the perfect balance of cozy and functional. The basement space allows for a great investment. Separate entry into the basement makes this perfect for adding an additional unit! Currently used a shop, this partially finished space is ideal for a two bedroom, one bathroom apartment! With 6 off street parking and a spacious lot, this is an unmatched opportunity.
This property has 3 homes with a shop on 2.77 acres. Just north of Idaho Falls. Great investment! Live in one and rent the other 2 homes. Owner is living in one and gets $1,200 a month in rental income from the other 2. Plenty of room for your RV and toys.
HERE IS YOUR CHANCE TO OWN A NICE BRICK DUPLEX ON THE NUMBERED STREETS~~Main Floor Unit Includes The Living Room With A Fireplace, Formal Dining Area With A Built-In China Hutch, Adjacent Kitchen Has Great Storage, Built-In Linen Storage, A Full Bath With Laundry Hook-Ups, And (3) Bedrooms (1 Has A Built-In Desk).~~The Basement Unit Has A Living Room, Large Kitchen, Dining Area, 2 Bedrooms, And A Bath With Laundry Hook-Ups. Both Bedrooms Have Egress Windows~~Separate Power Meters~~Large Fenced Back Yard With Alley Parking~~Front Off-Street & On-Street Parking~~Lower Unit Is Currently Leased On A Month-To-Month Basis
INVESTORS...Looking to add doors or looking for your first 4plex? This is a great property that has been renovated to a modern style and color. Tenants love it here! Look through the photos. Easy to keep this rented. A property in this condition at this price will not last long. Make sure to schedule a showing today.

Idaho Falls is located in Idaho. Idaho Falls, Idaho has a population of 64,399. Idaho Falls is less family-centric than the surrounding county with 35.34% of the households containing married families with children. The county average for households married with children is 38.32%.
The median household income in Idaho Falls, Idaho is $57,412. The median household income for the surrounding county is $64,928 compared to the national median of $69,021. The median age of people living in Idaho Falls is 33.6 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 12.2 inches per year, with 38.9 inches of snow per year.