326 N Ridge Avenue, Idaho Falls, ID 83402
MULTI_FAMILY - Idaho Falls, ID
- Added:
- Jun 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 15 at 12:06 am
Property Features for 326 N Ridge Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Basement, Bedroom 2
- Parking
- 3
- Interior features
- Attic, Ceiling Fan(s), Network Ready
- Fireplace
- 1
- Basement
- Partial
- Appliances
- Refrigerator, Oven, Dishwasher, Microwave, Stove
- Standard status
- Active
- APN
- RPA1740045005O
- Size
- 2,455 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 5, BLOCK 45, ORIGINAL TOWN NW1/4, SEC 19, T 2N, R 38 UNITS 2
- Tax Annual Amount
- 3821
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air, Fireplace(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Hardwood, Carpet - Full, Carpet
- Building materials
- Lap Siding, Wood Siding
Listing agent Kerry Howell License #23797 (208) 524-2121
Listing office Century 21 High Desert 700 Memorial Drive, ID (208) 524-2121
Listing date Jun 12, 2026
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
- Duplex near downtown Idaho Falls, minutes to the Snake River Greenbelt
- 2,100+ sq ft duplex with 3 bedrooms and 3 bathrooms
- Two units are currently rented; some kitchen and bathroom upgrades
- Hardwood flooring in the dining area, plus tile and carpet throughout
- Gas fireplace and forced‑air natural gas heat
- Public water and public sewer; includes refrigerator, oven, dishwasher, microwave, and stove
Overview
The property is located close to downtown Idaho Falls and within minutes of the Snake River Greenbelt. Positioned on a central lot, it offers convenient access to local amenities and recreation tied to the greenbelt.
For buyers seeking a small residential income property, the existing rental status and unit-level kitchen and bathroom updates can be attractive. The combination of classic character and practical improvements, along with established finishes such as hardwood and tile, may appeal to investors and owner-occupants looking for a manageable duplex with income already in place.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.9k | $12.60 |
| − Vacancy | −$1.4k | −$0.57 |
| EGI | $29.5k | $12.03 |
| − OpEx | −$8.9k | −$3.61 |
| NOI | $20.7k | $8.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -112.0351563
- Latitude
- 43.4904189
