Apartment Building

Jerome, ID Apartment Buildings for Sale

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Twin Falls, ID Filer, ID Wendell, ID Buhl, ID Kimberly, ID Eden, ID Hollister, ID Dietrich, ID
12-Unit Multifamily Property
Updated: Jun 3
12-Unit Multifamily Property

2422 S Lincoln, Jerome, ID 83338

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1.20 AC lot
12 residential units on 1.2 acres
Commercially zoned corridor in Jerome, ID
Approximately 0.4 miles from Exit 168 off I‑84
Near a major box store, fast‑food businesses, auto parts stores, and other commercial services
Natural gas available
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Multifamily Apartment Building with 12 Units
Updated: Jun 3
Multifamily Apartment Building with 12 Units

2422 South Lincoln, Jerome, ID 83338

Contact for pricing
Apartment building with 12 residential units in a busy commercial corridor
Located within walking distance and sight visibility of major box store, fast food, auto parts, dollar store, car wash, and gas stations
Approximately 0.4 miles from exit 168 off I‑84
Property is in Jerome, Idaho near completion of a 2‑year Idaho Transportation Department interchange project that will change access
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Jerome, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Seven-Unit Mixed-Use Building
Seven-Unit Mixed-Use Building

442/446 Main Street, Gooding, ID 83330

$849,900
9,448 sqft 0.14 AC lot

Two-parcel property combines a commercial suite with residential apartments and select tenant amenities.

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Newer Apartment Building
Newer Apartment Building

509 509-523 Rose St, Twin Falls, ID 83301

$7,950,000
38,048 sqft

Multifamily property with ensuite primary bedrooms, walk-in closets, office areas, and exterior storage for each unit.

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Apartment Building with Central Air
Apartment Building with Central Air

509-523 Rose St, Twin Falls, ID 83301

$7,950,000
38,048 sqft

Apartment property built in 2022 with central air, forced-air electric heating, and kitchen appliances.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

442 Main St, Gooding, ID 83330

Contact for pricing
9,448 sqft

Seven-unit multifamily property listed for sale in Gooding, Idaho.

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Jerome, ID Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Jerome, ID on our real estate platform.

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Demographics Overview

Population 22K
Population Growth (5Y) +4.6%
Median Household Income $70,489
College Educated 16.7%

Taxes & Financing

Tax Rate (average for all types) 1.12%
Property Tax per SF $11.61 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jerome County

New Delisted

Total CRE Inventory on Market (SF)

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