Five-Unit Apartment
For Sale
$445,000
330 2nd Ave. N, Twin Falls, ID 83301
MULTI-FAMILY, All Units-One Building, Twin Falls, ID
Property Size2,460 SF
Lot Size0.14 Acres
Price / SF$180.89
Days on Market48
Property Features for 330 2nd Ave. N
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
Elementary school
Lincoln
Middle school
O'Leary
High school
Twin Falls
Subdivision
Twin Falls
Standard status
Active
Size
2,460 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
3647
Utilities
Heating system
Baseboard
Water source
Public
Building Details
Year built
1910
Number of units
5
Building materials
Concrete Block
Architectural style
Other
Listing Agency:
Idaho Falls Real Estate Investment Brokerage
Listed By:
Victor Sutherland
(208) 421-1191
Added: Sep 3
Changed: Oct 13
Last Checked: Oct 20 at 4:06PM
MLS# 583548
Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5-unit apartment building at 330 2nd Ave. N in Twin Falls contains 2,460 square feet on a 0.14-acre lot. Built in 1910, the property has concrete-block construction, baseboard heating throughout, and public water service. Residential zoning supports its apartment use.
All five units are currently filled. Unit 5 has driveway parking, while the other tenants use alley or street parking. The property is located in Downtown Twin Falls, and interior unit access is available after offer acceptance.
All five units are currently filled. Unit 5 has driveway parking, while the other tenants use alley or street parking. The property is located in Downtown Twin Falls, and interior unit access is available after offer acceptance.
Key Highlights
- 5‑unit apartment building with 2,460 square feet
- 0.14‑acre lot in Downtown Twin Falls
- All 5 units are currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,418
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,360
$408.4K
Cap Rate 7%
$291,686
$291.7K
Cap Rate 9%
$226,867
$226.9K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$38.7K $15.72/SF
− Vacancy
−$1.5K −$0.63/SF
EGI
$37.1K $15.09/SF
− OpEx
−$16.7K −$6.79/SF
NOI
$20.4K $8.30/SF
Area
Twin Falls County, ID
Vacancy
4.00%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,360
Cap Rate 7%
$291,686
Cap Rate 9%
$226,867
Alternative Uses
Best Use
Apartment 5plus
$291.7K
$255.2K – $340.3K
NOI $20,418 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$564.3K
$493.8K – $658.4K
NOI $39,503 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,537
Businesses Nearby
Explore this area
Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Occupied apartment property with concrete-block construction, baseboard heating, and public water service.
Where is this apartment building located?
The property is located at 330 2nd Ave. N Twin Falls, ID.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 5‑unit apartment building with 2,460 square feet; 0.14‑acre lot in Downtown Twin Falls; All 5 units are currently occupied
