280 1st Street, Idaho Falls, ID 83401
280 1st Street, Idaho Falls, ID 83401,Video Tour
280 1st Street, Idaho Falls, ID 83401
280 1st Street, Idaho Falls, ID 83401
280 1st Street, Idaho Falls, ID 83401
280 1st Street, Idaho Falls, ID 83401
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$ 1,200,000
Est. payment | /mo

12 Beds

12 Baths

8,752 SqFt


$ 1,200,000
Est. payment | /mo

12 Beds

12 Baths

8,752 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,752 sqft

Price per Sqft $137

Subdivision Crows Addition-Bon

MLS Listing ID 2189005

Bedrooms 12

Full Baths 12

Year Built 1920

Annual Tax Amount $11,895

Tax Year 2025

Lot Size 9,374 Sqft

Acres 0.2152

Property Sub-Type Multi Family

Property Description

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idaho's most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract renters and new residents alike.

Location

State ID

County Bonneville

Area 8752

Zoning General Zoning: Bonneville Residen,Specific Zoning: Ammon R2 Residence Zone

Rooms

Basement Finished, Partial

Interior

Heating Electric, Baseboard, Separate Heat

Cooling None

Inclusions Refrigerator, Range

Exterior

View Y/N No

Roof Type Membrane,Metal

Garage No

Private Pool No

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Dora Erickson Elementary School

Middle Schools Taylor View 91Jh

High Schools Idaho Falls 91Hs

Others

Senior Community false

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/511e4b78-7bde-4101-ba2f-d7bd85f38cdf?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Listed by Silvercreek Realty Group

Nearby Locations

Joe Wilson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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280 1st Street