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    520 E Main St Challis, ID 83226

    For Sale
    $330,000

    MULTI_FAMILY - Challis, ID

    Property size:
    1,604 SF
    Lot size:
    0.24 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 520 E Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    Basement
    Crawl Space
    Size
    1,604 SF
    Lot size
    0.24 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1970
    Number of units
    3
    Building materials
    Log, Log, Wood Siding
    Roof type
    Shake

    Silvercreek Realty Group (208) 377-0422 [email protected]

    Listing agent Lisa Parker (208) 656-3557

    Listing date May 28, 2025

    Copyright © 2025 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.

    Overview

    Challis Multi-Family Investment Opportunity

    This multi-family property, located within the city limits of Challis, Idaho, presents an opportunity for investment or owner-occupancy. The property features three units, offering the potential to generate rental income or for an owner to reside in one unit while renting out the others. Zoned commercial, the property also allows for operating a business from one unit while renting out the remaining units. A common laundry area is available for all three units, and common area parking is provided. The property offers convenient access to the mountains and the shops of Main Street. The building has 1604 square feet of space and sits on a 0.237-acre lot.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Challis
    County
    Lemhi
    State
    Idaho
    Longitude
    -114.2336903
    Latitude
    44.5053212

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    FAQs

    What type of property is this?
    Triplex - Multi-family property in Challis, Idaho with commercial zoning.
    Where is this triplex located?
    The property is located at 520 E Main St Challis, ID.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Three Units for Multi-Family Living or Investment; - Zoned Commercial: Live/Work Flexibility; - Mortgage Offset: Rent Out Units to Cover Costs
    (208) 656-3557
    Request Owner's contact information
    520 E Main St Challis, ID 83226
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    Challis, ID 83226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 E Main St Challis, ID 83226
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