400 N Eastern Avenue, Idaho Falls, ID 83402
- Added:
- Jun 1, 2026
- Days on Market:
- 37
- Last Refresh:
- Jul 7 at 9:06 am
Property Features for 400 N Eastern Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 6, Bedroom 7, Basement, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 5
- Interior features
- Ceiling Fan(s)
- Basement
- Exterior Entry, Partially Finished
- Appliances
- Common Water Heaters, Microwave, Refrigerator, Stove
- Standard status
- Pending
- APN
- RPA1740025006A
- Size
- 3,028 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W 81' LOT 6, BLOCK 25, ORIGINAL TOWN NW1/4, SEC 19, T 2N, R 38
- Tax Annual Amount
- 4193
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 5
- Flooring type
- Hardwood
- Building materials
- Block, Frame, Block
- Roof type
- Metal
Listing agent Karen Liester (208) 529-8888
Listing office Keller Williams Realty East Idaho 3525 Merlin Drive, Idaho Falls, ID (208) 529-8888
Listing date Jun 1, 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.
HighLights
- 400 N Eastern Ave historic multifamily with 5 income‑producing spaces
- Unit mix includes studio, one‑bedroom, and two‑bedroom style units
- One upper‑level configuration includes two private living spaces (bedrooms/kitchen) sharing a common bathroom
- Shared laundry access and professionally managed property
- Heating includes heat pump and natural gas; water source is public with public sewer
- Hardwood flooring and metal roof; block and frame construction
Overview
Local Financial Insights For Apartment 5plus
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 | $43.6k | $14.40 |
| − Vacancy | −$1.7k | −$0.55 |
| EGI | $41.9k | $13.85 |
| − OpEx | −$18.9k | −$6.23 |
| NOI | $23.1k | $7.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -112.0370014
- Latitude
- 43.4920858
