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Multifamily Apartment Building
For Sale
$1,000,000
Pending

1375 S Broadway Street, Blackfoot, ID 83221

COMMERCIAL - Blackfoot, ID

Property Size10,000 SF
Lot Size1.00 Acre
Days on Market121

Property Features for 1375 S Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Zoning: Blackfoot Comm Com, Specific Zoning: Blackfoot-C3-Service Commercia
Bathrooms 20
Full bathrooms 20
Rooms Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 7, Bathroom 11, Bathroom 18, Bathroom 9, Bathroom 13, Basement, Bathroom 20, Bathroom 8, Bathroom 16, Bathroom 1, Bathroom 10, Bathroom 19, Bathroom 15, Bathroom 17, Bathroom 12, Bathroom 3, Bathroom 5, Bathroom 14
Parking 20
Parking features Parking Lot, Off Street
Basement Crawl Space, Partial
Accessibility Accessible Approach with Ramp
Lot features High Traffic, Interstate Exit/ Access, Concrete Curbing, Established Lawn, Many Trees
Directions South on highway 91 through Blackfoot to 1375 S. Broadway St. - Property is the right at the last sign on right.
Standard status Pending
APN 1301902
Size 10,000 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Description T-3S R35E SEC 09 BLKFT T-7912 LESS T-7913
Tax Annual Amount 13492
Legal Description T-3S R35E SEC 09 BLKFT T-7912 LESS T-7913

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1959
Floors in Building 1
Building materials Lap Siding, Log Siding, Vinyl Siding
Roof type Metal
Listing Agency: Silvercreek Realty Group
Listed By: John Fielding · License #SP44488
Added: Apr 19 Changed: Aug 4 Last Checked: Aug 17 at 10:06AM
MLS# 2185611

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.

Multifamily apartment building with approximately 20 studio rental units. The units are described as approximately 350 SF each, and the property includes maintenance records and rental history for the past 5 years. The offering also references a 7%+ cap rate, with day-to-day operations managed by a property rental company.

The property sits on a 1-acre lot (commercially zoned) and includes additional buildings that may support rental and/or storage uses. Construction materials include lap siding, log siding, and vinyl siding, with a metal roof. Heating is provided via electric heating and natural gas, and cooling includes window and wall/window units. Parking is off-street with a parking lot, and there is an accessible approach with a ramp. Public water and public sewer serve the property.

Built in 1959, the building offers a straightforward studio-oriented rental setup with ongoing operational management referenced for continuity.

Key Highlights

  • Approximately 20 studio rental units with maintenance records and rental history for the past 5 years
  • Units described as approximately 350 SF each
  • Referenced 7%+ cap rate with day‑to‑day operations managed by a property rental company

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Electrical Service Spa & Massage Center

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 83221, ID

28,354
Population
9,985
Households
2.8
Avg Household Size
35
Median Age
22%
College-Educated
91%
High-School Grad
725.6 sq mi
ZIP Area
39
Density / Sq Mi
$77,889
Median Household Income
$34,623
Median Earnings
$848
Median Rent
$250,200
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 - Apartment building on a 1-acre commercially zoned lot featuring about 20 studio units and off-street parking.
Where is this apartment building located?
The property is located at 1375 S Broadway Street Blackfoot, ID.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 20 studio rental units with maintenance records and rental history for the past 5 years; Units described as approximately 350 SF each; Referenced 7%+ cap rate with day‑to‑day operations managed by a property rental company
More about this property
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