For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    371 3rd Street Idaho Falls, ID 83401

    View on Map
    Claim this Listing
    New
    For Sale
    $330,000

    MULTI_FAMILY - Idaho Falls, ID

    Property size:
    2,330 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $141/SF
    Added:
    Apr 27, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 28 at 11:06 am

    Property Features for 371 3rd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Basement, Bathroom 1
    Parking
    1
    Parking features
    Garage
    Patio and Porch features
    Deck
    Basement
    Full, Finished
    Appliances
    Dishwasher, Refrigerator, Oven, Stove
    Standard status
    Active
    APN
    RPA0540007041A
    Size
    2,330 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 41-42, BLOCK 7
    Tax Annual Amount
    3422

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ductless, Zoned
    Water source
    Public

    Building Details

    Year built
    1921
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Frame, Wood Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Chris Schmalz Real Estate Group

    Listing agent Chris Schmalz Real Estate Group

    Listing office Keller Williams Realty East Idaho 3525 Merlin Drive, Idaho Falls, ID

    Listing date Apr 27, 2026

    MLS# 2185704 Listing URL

    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.


    Overview

    Idaho Falls Multifamily Investment Property

    This multifamily property in Idaho Falls, Idaho, generates $2,500 per month in rental income, with both units currently occupied. The property, situated on a 0.14-acre lot, offers a strong addition to any investment portfolio with cash flow and upside potential. The main floor unit features 3 bedrooms and 1 bathroom, offering a spacious layout. The basement unit includes 1 bedroom and 1 bathroom, providing a comfortable and private living space. The property is priced with value-add potential, as pricing may be adjusted following upcoming renovations. The total property size is 2330 square feet. Units will be vacant on May 1, 2026, allowing for owner occupancy or the flexibility to set new rental rates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.0269219
    Latitude
    43.4953364

    FAQs

    What type of property is this?
    Duplex - Turnkey multifamily property with income and upside potential in Idaho Falls.
    Where is this duplex located?
    The property is located at 371 3rd Street Idaho Falls, ID.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Turnkey multi‑family property generating $2,500 per month in rental income with both units currently occupied.; Main floor unit features 3 bedrooms and 1 bathroom, basement unit includes 1 bedroom and 1 bathroom.; Value‑add potential as pricing may be adjusted following upcoming renovations.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message