133 E 21st Street Idaho Falls, ID 83404
MULTI_FAMILY - Idaho Falls, ID
- Added:
- Jun 26, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 10 at 8:06 pm
Property Features for 133 E 21st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Basement, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 2, Bedroom 6, Bathroom 1
- Parking
- 2
- Parking features
- Off Street, Garage
- Patio and Porch features
- Deck
- Interior features
- Newly Renovated, Storage
- Fireplace
- 1
- Basement
- Daylight, Finished
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
- Standard status
- Active
- APN
- RPA03200
- Size
- 3,800 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lots 31-33, Block 13 BrodbecksNE 1/4, SEC 30 TN, R 38 Units 2
- Tax Annual Amount
- 3713
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central, Ductless (Heating), Fireplace(s), Forced Air, Natural Gas
- Cooling system
- Zoned, Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1975
- Number of units
- 4
- Building materials
- Block, Frame, Brick, Metal Siding, Stone, Vinyl Siding
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Steven Phaysounlaphong (208) 523-6111
Listing office Silvercreek Realty Group 2002 Jennie Lee Dr, Meridian, ID (208) 523-6111
Listing date Jun 26, 2026
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property sits on a 0.22-acre lot in Idaho Falls, Idaho, and is served by Idaho Falls Power. There are two separate fenced yards, separate driveways for each dwelling, and private entry access for every unit.
With four rental units configured for resident privacy and separate access, this property may appeal to buyers seeking a turnkey, income-producing multifamily investment. Tenants pay their own utilities and maintenance, and the units are currently fully occupied. The listing notes no seller financing.
Key Highlights
- Two dwellings on one lot with 4 rental units; all units currently fully occupied
- Approx. $4,400/month rental income with long history of consistent occupancy
- Each unit has its own private entrance; two separate fenced yards and separate driveways for each dwelling
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.9k | $12.60 |
| − Vacancy | −$2.2k | −$0.57 |
| EGI | $45.7k | $12.03 |
| − OpEx | −$13.7k | −$3.61 |
| NOI | $32.0k | $8.42 |
