Blackfoot Investment
1375 S Broadway Street, Blackfoot, ID 83221
- Added:
- Apr 19, 2026
- Days on Market:
- 26
- Last Refresh:
- May 14 at 5:06 pm
Property Features for 1375 S Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 20
- Rooms
- Bathroom 13, Bathroom 12, Bathroom 17, Bathroom 15, Basement, Bathroom 6, Bathroom 20, Bathroom 19, Bathroom 3, Bathroom 14, Bathroom 4, Bathroom 7, Bathroom 18, Bathroom 1, Bathroom 8, Bathroom 10, Bathroom 5, Bathroom 16, Bathroom 2, Bathroom 11, Bathroom 9
- Parking
- 20
- Parking features
- Off Street, Parking Lot
- Basement
- Partial, Crawl Space
- Accessibility
- Accessible Approach with Ramp
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Wall/Window Unit(s), 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 agent John Fielding License #SP44488 (208) 523-6111
Listing office Silvercreek Realty Group 2002 Jennie Lee Dr, Meridian, ID (208) 523-6111
Listing date Apr 19, 2026
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.
HighLights
- High Cap Rate: Enjoy a 7+% cap rate, representing a strong return on your investment.
- Turn‑Key Operation: Fully managed by a property rental company for a hands‑off investment.
- Approximately 20 studio rental units with established rental history and maintenance records.
- Expansion Potential: Additional buildings offer opportunities for expansion as rental or storage units.
- Over 1/3 acre of commercially zoned land allows for potential multi‑family development.
- Established Rental History available for the past 5 years.
Overview
This is a rare investment opportunity featuring a 7+ cap rate. The property includes approximately 20 studio rental units, each around 350 square feet. Day-to-day operations are managed by a property rental company. Maintenance records and rental history are available for the past 5 years. The property also includes additional buildings that could be expanded for rental or storage units. It is situated on over a 1/3 acre commercially zoned lot with potential multi-family uses. The property size is approximately 10,000 square feet and the lot size is 1 acre. This is a turn-key operation ready for the next owner.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Blackfoot
- County
- Bingham
- State
- Idaho
- Longitude
- -112.359019
- Latitude
- 43.176763
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turn-key operation with income potential and expansion possibilities.
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: High Cap Rate: Enjoy a 7+% cap rate, representing a strong return on your investment.; Turn‑Key Operation: Fully managed by a property rental company for a hands‑off investment.; Approximately 20 studio rental units with established rental history and maintenance records.
