Idaho Falls, ID Apartment Buildings for Sale

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Updated: Jul 21

Apartment Complex with Balconies

1460 Benton Street #16, Idaho Falls, ID 83401

$1,550,000

15,012 sqft

16‑unit apartment property totaling 15,012 square feet
Three separate two‑story buildings on over a 1/2 acre
All units include 2 bedrooms and 1 bathroom
Select units feature private balconies or fenced courtyard areas
Basement units have larger windows for improved natural light

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This listing looks promising.

Here's a quick look at some key insights for

1460 Benton Street #16, Idaho Falls, ID 83401

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$114K
Annual
Price @ 7% Cap

$1.63M
Above asking
Property Type

Quadplex
Built 1966

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Updated: Jul 17

Apartment Building with Garages

781 Oxford Drive, Idaho Falls, ID 83401

$1,350,000

8,400 sqft 0.62 AC lot

8,400 square feet on a 0.62‑acre site
Mix of 1‑bedroom and 2‑bedroom apartment units
Coin‑operated laundry, rentable garages, and additional storage units
All water heaters and furnaces updated in the last 3 years
Brick and stucco construction with a metal roof

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16-Unit Apartment Building

488 D Street, Idaho Falls, ID 83402

$2,650,000

12,300 sqft 0.40 AC lot

Fully rebuilt apartment building with new roof, electrical, plumbing, and ductless HVAC systems.

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Under-Construction Apartment Building with Balcony

1287-1297 Bear Avenue, Idaho Falls, ID 83402

$1,850,000

3,592 sqft 0.40 AC lot

Two-story, open-concept townhome/duplex with three bedrooms and two bathrooms, central air, and a private balcony.

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Three-Building Apartment Portfolio

224 S Water Ave, Idaho Falls, ID 83402

$1,050,000

5,900 sqft

Income-producing multifamily property with separate buildings, off-street parking, and a detached two-stall garage.

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Fully Renovated 27-Unit Apartment Building

350 E Street, Idaho Falls, ID 83402

$4,250,000

22,578 sqft 0.41 AC lot

27-unit apartment building with secured access, assigned parking, and high-speed fiber internet for tenants.

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6-Unit Apartment Building with Detached Garages

601 John Adams Court, Idaho Falls, ID 83401

$1,100,000

6,048 sqft 0.15 AC lot

Two-level units include open living/kitchen/dining areas, private decks, and 2-car detached garages per unit.

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Rebuilt Downtown Apartment Building

488 D St, Idaho Falls, ID 83402

$2,650,000

12,300 sqft

Fully reconstructed multifamily property near the Snake River, Riverwalk Park, downtown offices, restaurants, retail, and nightlife.

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Apartment Building with Garages

781 Oxford Dr, Idaho Falls, ID 83401

$1,350,000

8,400 sqft

Multifamily property with one- and two-bedroom units, coin-operated laundry, storage units, and updated building systems.

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Renovated 27-Unit Apartment Building

350 E St, Idaho Falls, ID 83402

$4,250,000

22,578 sqft

Updated apartment property with studio and one-bedroom residences, secured entry, assigned parking, and private storage for tenants.

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6-Unit Apartment Building with Garages

601 John Adams Ct, Idaho Falls, ID 83401

$1,100,000

6,048 sqft

Two-level residences feature private decks, open upper living areas, and detached garages.

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27-Unit Apartment Building

525 Walnut St # 27, Idaho Falls, ID 83402

$1,750,000

15,867 sqft

Brick multifamily property near downtown with upgraded building systems and coin-operated laundry.

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26-Unit Apartment Building

505 & 507 Tendoy Dr, Idaho Falls, ID 83401

Contact for pricing

For sale 26-unit multifamily property at 505 and 507 Tendoy Dr in Idaho Falls.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 13 Active listings in Idaho Falls, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Prime Land Near BYUI

509 S 5th W, Rexburg, ID 83440

$1,750,000

8,000 sqft 1.25 AC lot

1.25 acres near university, potential for 52 units.

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Multi-Building Apartment Portfolio

883 S 5th W, Rexburg, ID 83440

$1,850,000

9,000 sqft 0.83 AC lot

Four separate buildings on one parcel featuring an older 6-plex and duplex plus a 4-bedroom house and townhouse-style 4-plex.

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20-Unit Apartment Complex

1070 McKinley Ave, Pocatello, ID 83201

$2,400,000

3,200 sqft 1.42 AC lot

Three-building multifamily property with mostly three-bedroom units, shared laundry, tenant-paid utilities, and a landscaped common area.

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20-Unit Apartment Building

4719 Yellowstone Ave, Pocatello, ID 83202

Contact for pricing

Professionally managed multifamily property near retail, shopping, dining, and employment-oriented services.

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Off-Market Properties in Idaho Falls, ID

Consider similar Off-Market properties in Idaho Falls, ID. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HIGH-RISE APARTMENTS

1956 Woodruff Ave, Idaho Falls, ID 83404-6397

$395,000

Estimated value

1,000 sqft 2.99 AC lot

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HIGH-RISE APARTMENTS

265 Skyline Dr, Idaho Falls, ID 83402-3278

$290,000

Estimated value

720 sqft 0.80 AC lot

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Multifamily properties

0 L52&53B5 Brad Cir Idaho Fls, Idaho Falls, ID 83402

Value Estimation by Request

0.39 AC lot

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Multifamily properties

0 L31&32B6 Slider Ln, Idaho Falls, ID 83402

Value Estimation by Request

0.40 AC lot

View details

Multifamily properties

195 4Th St, Idaho Falls, ID 83401

Value Estimation by Request

7,349 sqft 0.29 AC lot

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Idaho Falls, ID Apartment Buildings Market Trends and Statistics

Explore 18 apartment buildings for sale in Idaho Falls, ID, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 139,023 square feet of properties for sale, with an estimated market value of $24,900,000.

Sale prices for two-family homes in Idaho Falls, ID start at $1,050,000, averaging $2,075,000, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 123K

Population Growth (5Y) +13.2%

Median Household Income $78,064

College Educated 24.9%

High-Yield Neighborhoods for Investment

Identify Idaho Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
83401	$1.3M
83402	$2.3M

Taxes & Financing

Tax Rate (average for all types) 2.06%

Property Tax per SF $44.22 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bonneville County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bonneville County

Residential Income

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