Turn-key investment opportunity in the heart of Mountain Home! This newly built 4-plex offers modern construction and strong rental appeal. Each unit features a spacious two-story layout with 3 bedrooms, 2.5 bathrooms, an attached one-car garage, and a private back patio. Units are individually metered and all are currently leased, providing immediate and stable income. Professional property management is already in place with a low 5% management fee, making this an easy, hands-off investment. Conveniently located near shopping, services, and the growing presence of Mountain Home Air Force Base, this property benefits from strong rental demand in the area. Perfect for investors looking to expand their portfolio or for someone wanting to house hack by living in one unit and renting the others. Additional four-plex units in the same development are also available for purchase.
Refreshed Triplex in the heart of Mountain Home walking distance to downtown w/ solid tenant history & upside potential! Units consist of a stacked duplex w/ 3bed/1.5bath up & 3bed/1bath in basement plus a detached spacious 2-story lofted studio unit. All units have been remodeled w/ updated flooring, cabinetry, countertops, appliances, all new baths, a new roof, dedicated outdoor space, parking & more! Large lot with room for expansion w/ an existing foundation to add a garage or storage. Unit A & B are currently vacant so Seller could do touch ups, but they always rent quickly w/ military base nearby & potential new casino coming to town. House hack by living in 1 and renting the other 2 or rent them all for solid passive income. The projected rents were the actual rents previously before we vacated to renovate so could go up! Tenants pay gas and electric. Don't let this turnkey investment property pass you by!
Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. New boiler in December 2025. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed. Listing Agent is part-owner in property. Located across the street from the newly renovated Towne Center Apartments (formerly motel), a block from Albertson's, just east of the Railroad Park, the home of the Mountain Home Farmer's Market. Minutes from I-84 and Mountain Home Airforce Base.
Excellent investment opportunity in Mountain Home! This fully rented 4-plex at 503 Caribou Drive is in great condition and ready for its next owner. Each unit is well maintained, offering a solid, turn-key income stream from day one. The property has been consistently rented, reflecting strong demand and dependable cash flow. Conveniently located near local amenities, schools, and base access, this multi-family property is an ideal addition to any investment portfolio. Don’t miss your chance to own a stable, income-producing asset in a growing market.
Mountain Home is located in Idaho. Mountain Home, Idaho has a population of 15,863. Mountain Home is less family-centric than the surrounding county with 34.59% of the households containing married families with children. The county average for households married with children is 35.53%.
The median household income in Mountain Home, Idaho is $45,652. The median household income for the surrounding county is $48,475 compared to the national median of $69,021. The median age of people living in Mountain Home is 30.7 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 12 inches per year, with 14.7 inches of snow per year.
