Burley Multifamily Investment Opportunity

536 Elba Avenue, Burley, ID 83318

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For Sale

$1,751,634

Eight-unit multifamily property with expansion potential in a growing area.

Type:Multifamily

Property size:

5,400 SF

Price / SF:

$324/SF

We can help!

Contact an agent

Darren Puetz

Real Estate License ID: #SP47267

HighLights

100% Occupancy: Provides immediate and consistent rental income.
Eight 3‑Bedroom/2‑Bath Units with Attached Garages: Highly desirable unit configuration for renters.
Development Opportunity: Includes 0.29 acres of adjacent land for potential expansion.
Built in 2020: Relatively new construction, suggesting lower maintenance costs.
Located in a Rapidly Growing Area: Strong potential for future appreciation and rental demand.
Proximity to Major Employers and College of Southern Idaho: Attracts reliable tenant base.

For Sale

$1,751,634

Eight-unit multifamily property with expansion potential in a growing area.

Type:Multifamily

Property size:

5,400 SF

Price / SF:

$324/SF

Added:: Nov 21, 2025
Days on Market:: 227
Last Refresh:: May 9 at 1:23 am

Property Features for 536 Elba Avenue

General Information

Standard status: Active
Size: 5,400 SF
Property subtype: Multifamily

We can help!

Contact an agent

Darren Puetz

Listing office TOK Commercial

Listing date Nov 21, 2025

Source Tokcommercial

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of TOK Commercial

HighLights

100% Occupancy: Provides immediate and consistent rental income.
Eight 3‑Bedroom/2‑Bath Units with Attached Garages: Highly desirable unit configuration for renters.
Development Opportunity: Includes 0.29 acres of adjacent land for potential expansion.
Built in 2020: Relatively new construction, suggesting lower maintenance costs.
Located in a Rapidly Growing Area: Strong potential for future appreciation and rental demand.
Proximity to Major Employers and College of Southern Idaho: Attracts reliable tenant base.

Overview

Located at 536 Elba Avenue in Burley, ID, this multifamily property presents a significant investment opportunity. Constructed in 2020, the property consists of eight units within a 5,400 square foot building, all of which are currently occupied. Each unit features three bedrooms and two bathrooms, with a total of 1,350 square feet spread across two floors, and includes an attached garage. The offering also includes 0.29 acres of adjacent land, presenting a development opportunity for potential expansion. The property is located in North Burley, Cassia County, within a rapidly growing area and is well-maintained. Its location provides close proximity to major roads, retailers, and services. The property is situated in a stable community with a strong population base supported by the College of Southern Idaho and major employers such as Cassia Regional Hospital, McCain Foods, and Dots Foods.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Burley
County: Cassia
State: Idaho
Longitude: -113.786
Latitude: 42.5464

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For sale
Apartment buildings
ID
Burley
83318
536 Elba Avenue

What type of property is this?

Apartment building - Eight-unit multifamily property with expansion potential in a growing area.

Where is this apartment building located?

The property is located at 536 Elba Avenue Burley, ID.

What is the asking price?

The asking price for this property is $1,751,634.

What are key features of this property?

This property features: 100% Occupancy: Provides immediate and consistent rental income.; Eight 3‑Bedroom/2‑Bath Units with Attached Garages: Highly desirable unit configuration for renters.; Development Opportunity: Includes 0.29 acres of adjacent land for potential expansion.