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Mountain Home 8-Unit Rental Property
For Sale
$715,000

405 N 2nd E Mountain, Mountain Home, ID 83647

Iconic 8-unit rental property with excellent rental history in Mountain Home.

Property Size4,284 SF
Price / SF$166.90
Days on Market218

Property Features for 405 N 2nd E Mountain

General Information

Standard status Active
Size 4,284 SF
Property subtype Apartment

Amenities

Wall/Window Unit(s)
Some Units
Natural Gas
Disposal (No Units)
Stove/Range (All Units)
Refrigerator (All Units)
Washer/Dryer (No Units)
Sewer Connected, Composition

Building Details

Building Size 4,284 SF
Year Built 1895
Listing Agency: KW Commercial
Listed By: KW Commercial
Source: Kw
Added: Jan 30 Changed: Sep 3 Last Checked: Sep 4 at 5:16PM

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 KW Commercial

Investment Insights

Based on property information with market context.

This 8-unit rental property is located in the center of Mountain Home, Idaho. The property includes a large house in front and a cottage rental unit in the back. Units 1, 3, 6, 7, and 8 have been updated. Units 4 and 5 are occupied by long-term tenants. A new boiler was installed in December 2025. The roof and exterior paint were updated in 2020, along with a new electrical meter and main service panel. Most windows were replaced in 2020. The property is professionally managed and has a history of renting vacant units quickly. The property is situated across the street from the Towne Center Apartments (formerly a motel), one block from Albertson's, and just east of Railroad Park, the location of the Mountain Home Farmer's Market. It is also located minutes from I-84 and Mountain Home Airforce Base. The property size is 4284 square feet.

Key Highlights

  • Prime location in the center of Mountain Home, Idaho, near key amenities and attractions
  • Excellent rental history with quick vacancy fills
  • Eight‑unit property including a main house and cottage

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

Demographics for 83647, ID

22,592
Population
9,695
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
1,504.5 sq mi
ZIP Area
15
Density / Sq Mi
$57,769
Median Household Income
$40,003
Median Earnings
$1,041
Median Rent
$283,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Iconic 8-unit rental property with excellent rental history in Mountain Home.
Where is this apartment building located?
The property is located at 405 N 2nd E Mountain Mountain Home, ID.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Prime location in the center of Mountain Home, Idaho, near key amenities and attractions; Excellent rental history with quick vacancy fills; Eight‑unit property including a main house and cottage
More about this property
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