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Blackfoot, ID Apartment Buildings for Sale

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Pingree, ID Aberdeen, ID Idaho Falls, ID Shelley, ID Firth, ID
Blackfoot Multi-Income Investment Opportunity
Updated: Jun 25, 2025
Blackfoot Multi-Income Investment Opportunity

788 S Broadway St, Blackfoot, ID 83221

$9,800,000
4.28 AC lot
Fully stabilized, multi‑income investment property with diverse income streams (manufactured homes, storage units, apartments, laundromat, commercial building).
Newly installed (2023) manufactured homes and updated apartments.
Projected NOI of $582,249 by 2027 and a 6% stabilized cap rate.**
Significant tax advantages with a professionally engineered cost segregation study unlocking $3.4M in first‑year accelerated depreciation.**
Professionally managed via AppFolio with modern infrastructure (paved roads, fiber internet, city utilities, separate metering).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Blackfoot, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Building Apartment Portfolio
Three-Building Apartment Portfolio

224 S Water Ave, Idaho Falls, ID 83402

$1,050,000
5,900 sqft

Income-producing multifamily property with separate buildings, off-street parking, and a detached two-stall garage.

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20-Unit Apartment Complex
20-Unit Apartment Complex

1070 McKinley Ave, Pocatello, ID 83201

$2,400,000
3,200 sqft 1.42 AC lot

Three-building multifamily property with mostly three-bedroom units, shared laundry, tenant-paid utilities, and a landscaped common area.

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Rebuilt Downtown Apartment Building
Rebuilt Downtown Apartment Building

488 D St, Idaho Falls, ID 83402

$2,650,000
12,300 sqft

Fully reconstructed multifamily property near the Snake River, Riverwalk Park, downtown offices, restaurants, retail, and nightlife.

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20-Unit Apartment Complex with Commons
20-Unit Apartment Complex with Commons

1070 MCKINLEY AVE, Pocatello, ID 83201

$2,400,000
3,200 sqft 1.42 AC lot

Three-building residential property with shared laundry, tenant parking, and a grassy common area.

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Off-Market Properties in Blackfoot, ID

Consider similar Off-Market properties in Blackfoot, ID. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2015 Lawrence Ln
Multifamily properties

2015 Lawrence Ln, Blackfoot, ID 83221

Value Estimation by Request
6,280 sqft
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385-391 Jeremy Ln
Multifamily properties

385-391 Jeremy Ln, Blackfoot, ID 83221

Value Estimation by Request
3,690 sqft
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Blackfoot, ID Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Blackfoot, ID on our real estate platform.

Sale prices for two-family homes in Blackfoot, ID average $9,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 29K
Population Growth (5Y) +8.0%
Median Household Income $77,889
College Educated 27.9%

High-Yield Neighborhoods for Investment

Identify Blackfoot submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
83221 $9.8M

Taxes & Financing

Tax Rate (average for all types) 1.99%
Property Tax per SF $46.23 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bingham County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bingham County

Residential Income

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