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Multifamily Apartment Building with 12 Units
For Sale
Contact for pricing
Pending

2422 South Lincoln, Jerome, ID 83338

For sale apartment building featuring 12 residential units in a busy, commercially zoned corridor.

Property SizeContact for details
Days on Market97

Property Features for 2422 South Lincoln

General Information

Standard status Pending
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 12

Amenities

Lot Features: 1 - 4.99 Acres, Lot Size Acres: 1.2, Lot Size Area: 1.2, Lot Size Square Feet: 52272, Lot Size Units: Acres
Fencing: Partial
Business Type: Commercial, Listing Id: 98988713, Listing Service: Full Service, Listing Terms: Cash, Consider All, Conventional, Mls Status: Pending, Number Of Units Total: 12, Standard Status: Pending
Parking Features: 11 - 20 Spaces
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Units: Square Feet, Building Name: Shady Acres Home Park, Living Area Units: Square Feet
Country: US, City: Jerome, Coordinates: -114.517913, 42.696506, County Or Parish: Jerome, Directions: Highway I-84 to Exit 168. North approximately .4 on South Lincoln past Walmart on East side of road., Latitude: 42.696506, Longitude: -114.517913, Postal Code: 83338, State Or Province: ID, Street Name: South Lincoln, Street Number: 2422, Street Number Numeric: 2422, Unparsed Address: 2422 South Lincoln, Jerome ID 83338
Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: RPJ00000306289, Possible Use: Land Suitable(Multifamily, Retail, Retail Pad), Hotel/Motel Suitable(Economy/Limited Service, Full Service), Multi Family Suitable(Mobile Home/RV Community, Duplex/Triplex/Fourplex), Office Suitable(Medical Office, Office Building), Residential Income Suitable(Single Unit/SFR-Condo), Retail Suitable(Vehicle Related, Restaurant/Bar, Business Park, Free Standing Building, Retail Pad, Service/Gas Station, Street Retail), Shopping Center Suitable(Specialty Center, Strip Center), Property Attached YN: t, Property Type: Commercial Sale
Utilities: Natural Gas Available
Water Source: City Service

Building Details

Tenancy Multi
Listing Agency: Silvercreek Realty Group
Listed By: Chris Barber
Source: Thgboise
Added: Jun 3 Changed: Sep 6 Last Checked: Sep 6 at 7:31AM

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 Silvercreek Realty Group

Investment Insights

Based on property information with market context.

For sale at 2422 South Lincoln in Jerome, this multifamily apartment building consists of 12 residential units. The property is positioned along a commercially zoned corridor and is described as having walking-distance and sight visibility to surrounding retail and services.

The nearby mix cited in the listing includes a major box store, fast food, auto parts stores, a dollar store, a car wash, and several gas stations. Access is supported by proximity to exit 168 off I-84, approximately 0.4 miles away, and the listing notes a construction interchange project nearing completion by the Idaho Transportation Department that is expected to change access dynamics and redefine the commercial corridor.

Please contact the listing agent for additional information.

Key Highlights

  • Apartment building with 12 residential units in a busy commercial corridor
  • Located within walking distance and sight visibility of major box store, fast food, auto parts, dollar store, car wash, and gas stations
  • Approximately 0.4 miles from exit 168 off I‑84

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

12
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

Demographics for 83338, ID

21,486
Population
7,606
Households
2.8
Avg Household Size
33
Median Age
13%
College-Educated
74%
High-School Grad
276.4 sq mi
ZIP Area
78
Density / Sq Mi
$70,489
Median Household Income
$35,037
Median Earnings
$883
Median Rent
$253,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - For sale apartment building featuring 12 residential units in a busy, commercially zoned corridor.
Where is this apartment building located?
The property is located at 2422 South Lincoln Jerome, ID.
What are key features of this property?
This property features: Apartment building with 12 residential units in a busy commercial corridor; Located within walking distance and sight visibility of major box store, fast food, auto parts, dollar store, car wash, and gas stations; Approximately 0.4 miles from exit 168 off I‑84
More about this property
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