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Fourplex Apartment Building with Remodeled Units
For Sale
$700,000

1085 E 4th S, Mountain Home, ID 83647

MULTI_FAMILY - Mountain Home, ID

Property Size2,800 SF
Lot Size0.30 Acres
Price / SF$250
Days on Market94

Property Features for 1085 E 4th S

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning description R4 City of Mountain Home
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 6
Parking 10
Appliances Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Subdivision College Add
Lot features 10000 S F - .49
Elementary school Mtn Home
Middle school Mtn Home
High school Mountain Home
Elementary school district Mountain Home School District #193
Middle school district Mountain Home School District #193
High school district Mountain Home School District #193
Directions American Legion Blvd. South on South 11th East, west on 4th.
Standard status Active
APN RPA0137016001A
Size 2,800 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See attached exhibit A
Tax Annual Amount 4979
Legal Description See attached exhibit A

Utilities

Heating system Wall Furnace, Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)

Amenities

washer/dryer hookups
private fenced yards
air conditioning

Building Details

Year built 1943
Number of units 5
Building materials Frame
Roof type Composition
Listing Agency: KW Commercial · Keller Williams Realty
Listed By: Gregory Davis · License #SP32434
Added: May 7 Changed: Aug 1 Last Checked: Aug 8 at 12:06PM
MLS# 98985173

Copyright © 2026 Intermountain Multiple Listing Service. 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.

This apartment building consists of a fourplex and one house on one splitable parcel. All units were remodeled in 2020, with additional improvements completed in 2020/21. The updates include new dual pane windows, new cabinets and countertops, stainless steel appliances, EVP flooring, heaters, AC units, refreshed bathrooms, plumbing and lighting fixture improvements, roof replacements, and interior and exterior paint.

Each unit includes washer and dryer hookups and a private fenced yard. The property is fully occupied with an established rental history.

The building is framed construction with a composition roof and was built in 1943. It has natural gas wall furnaces for heating and wall/window AC units. The parcel is 0.3 acres and the property size is 2,800 SF. The parcel can be split through an administrative process.

Key Highlights

  • Fourplex plus one house on one splitable parcel
  • All units remodeled in 2020; improvements completed in 2020/21
  • New dual pane windows, stainless steel appliances, EVP flooring, new roofs

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Home Appliance Store Acupuncture Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 83647, ID

22,592
Population
9,695
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
1,504.5 sq mi
ZIP Area
15
Density / Sq Mi
$57,769
Median Household Income
$40,003
Median Earnings
$1,041
Median Rent
$283,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled fourplex and house on a splitable parcel in Mountain Home, fully occupied with private fenced yards.
Where is this apartment building located?
The property is located at 1085 E 4th S Mountain Home, ID.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fourplex plus one house on one splitable parcel; All units remodeled in 2020; improvements completed in 2020/21; New dual pane windows, stainless steel appliances, EVP flooring, new roofs
More about this property
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