Idaho Falls, ID Apartment Buildings for Sale

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Ammon, ID Iona, ID Shelley, ID Ucon, ID Menan, ID Rigby, ID Lewisville, ID Firth, ID

8 properties

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Updated: Jul 17

16-Unit Apartment Complex

1460 Benton Street, Idaho Falls, ID 83401

$1,550,000

15,012 sqft 0.52 AC lot

16‑unit apartment complex on over 1/2 acre
Three separate 2‑story buildings
All units are 2‑bedroom, 1‑bath layout, including basement units with larger windows for added light
Some units offer private balconies, and there are fenced courtyard‑type units
Recent stucco refinishing plus brick and stucco exterior materials and membrane roof

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This listing looks promising.

Here's a quick look at some key insights for

1460 Benton Street, Idaho Falls, ID 83401

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$114K
Annual
Price @ 7% Cap

$1.63M
Above asking
Property Type

Quadplex
Built 1966

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Updated: Jul 17

Multifamily Property with Laundry

781 Oxford Drive, Idaho Falls, ID 83401

$1,395,000

8,400 sqft 0.62 AC lot

Multifamily property with a mix of 1‑bedroom and 2‑bedroom units
Additional income features include on‑site coin‑operated laundry, rentable garages, and additional storage units
City of Idaho Falls utilities with public water and public sewer
Recent improvements: new carpet and fresh paint in common entryways; some units have hardwood floors and others have LVP flooring
All water heaters and furnaces updated within the last 3 years; natural gas heating

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Six-Unit Residential Income Property

601 John Adams Parkway, Idaho Falls, ID 83401

$1,100,000

6,048 sqft 0.15 AC lot

Six two-bedroom, one-bath units offer private decks, each with a detached two-car garage.

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Historic Brick Apartment Building

525 Walnut Street, Idaho Falls, ID 83401

$1,750,000

15,867 sqft 0.29 AC lot

All-brick apartment building with 27 units, individual electric meters, and recent upgrades including a membrane roof.

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26-Unit Apartment Building

505 & 507 Tendoy Dr, Idaho Falls, ID 83401

$5,200,000

For sale 26-unit multifamily property at 505 and 507 Tendoy Dr in Idaho Falls.

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Rebuilt 16-Unit Downtown Apartment

488 D Street, Idaho Falls, ID 83402

$2,650,000

12,300 sqft 0.40 AC lot

Fully rebuilt 16-unit apartment with new roof, electrical, plumbing, and modern finishes near the Snake River.

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New Construction Duplex Townhome

1287-1297 Bear Avenue, Idaho Falls, ID 83402

$1,850,000

3,592 sqft 0.40 AC lot

New two-story duplex townhome offering 3 bedrooms and 2 bathrooms with an open-concept layout and no basement.

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Renovated Apartment Building Near Riverwalk

350 E Street, Idaho Falls, ID 83402

$4,250,000

22,578 sqft 0.41 AC lot

Fully renovated 27-unit apartment building in downtown Idaho Falls.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 8 Active listings in Idaho Falls, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Rexburg Multifamily Investment Opportunity

425 Harvard Ave, Rexburg, ID 83440

$2,100,000

915 sqft 0.80 AC lot

Investment opportunity near BYU-Idaho with steady rental income potential.

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Student Housing Opportunity Near BYU-Idaho

235 South 1st East, Rexburg, ID 84337

$2,100,000

15,977 sqft

71-bed student housing complex near BYU-Idaho campus.

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Mixed-Use Multifamily and Shop Property

15 W Walker Street, Blackfoot, ID 83221

$590,000

0.62 AC lot

City-approved plan for six apartment buildings, plus an existing shop and office space on two parcels.

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Blackfoot Multi-Income Investment Opportunity

788 S Broadway St, Blackfoot, ID 83221

$9,800,000

4.28 AC lot

Turnkey asset with mobile homes, storage, apartments, laundromat, and commercial space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing

0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000

0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000

2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000

0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Off-Market Properties in Idaho Falls, ID

Consider similar Off-Market properties in Idaho Falls, 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.

HIGH-RISE APARTMENTS

1956 Woodruff Ave, Idaho Falls, ID 83404-6397

Value Estimation by Request

1,000 sqft 2.99 AC lot

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HIGH-RISE APARTMENTS

265 Skyline Dr, Idaho Falls, ID 83402-3278

Value Estimation by Request

720 sqft 0.80 AC lot

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Multifamily properties

0 L52&53B5 Brad Cir Idaho Fls, Idaho Falls, ID 83402

Value Estimation by Request

0.39 AC lot

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Multifamily properties

0 L31&32B6 Slider Ln, Idaho Falls, ID 83402

Value Estimation by Request

0.40 AC lot

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Multifamily properties

195 4Th St, Idaho Falls, ID 83401

Value Estimation by Request

7,349 sqft 0.29 AC lot

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Idaho Falls, ID Apartment Buildings Market Trends and Statistics

Explore 13 apartment buildings for sale in Idaho Falls, ID, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 83,797 square feet of properties for sale, with an estimated market value of $14,545,000.

Sale prices for two-family homes in Idaho Falls, ID start at $1,100,000, averaging $2,077,857, and reaching up to $4,250,000 — 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 123K

Population Growth (5Y) +13.2%

Median Household Income $78,064

College Educated 24.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
83402	$1.9M
83401	$3.3M

Taxes & Financing

Tax Rate (average for all types) 2.06%

Property Tax per SF $44.22 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bonneville County

New Delisted

Total CRE Inventory on Market (SF)

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