Eight-Unit Rental
For Sale
$715,000
405 N 2nd E, Mountain Home, ID 83647
MULTI_FAMILY - Mountain Home, ID
Property Size4,284 SF
Lot Size0.22 Acres
Price / SF$166.90
Days on Market182
Property Features for 405 N 2nd E
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning description
C2
Bedrooms
7
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 6, Bathroom 3, Bathroom 8, Bathroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 6, Bathroom 7, Bedroom 5, Bathroom 1
Parking
6
Appliances
Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Subdivision
Mtn Home Twnst
Lot features
Standard Lot 6000-9999 S F, Sidewalks
Elementary school
Mtn Home
Middle school
Mtn Home
High school
Mountain Home
Elementary school district
Mountain Home School District #193
Middle school district
Mountain Home School District #193
High school district
Mountain Home School District #193
Directions
From I-84 to I-84BL E/old U.S. 30 in Elmore County and take exit 90 from I-84E. Follow I-84BL E to N 2nd E St/Old U.S. 30 W and turn left. Property on your left.
Standard status
Active
APN
RPA009000A022A
Size
4,284 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
See exhibit A - long legal in docs
Tax Annual Amount
1710
Legal Description
See exhibit A - long legal in docs
Utilities
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1895
Number of units
8
Flooring type
Vinyl
Building materials
Frame, Wood Siding
Roof type
Composition
Listing Agency:
KW Commercial · Keller Williams Realty
(208) 475-1313
Listed By:
Gregory Davis · License #SP32434
(208) 739-3175
Added: Jan 29
Changed: Jul 28
Last Checked: Jul 30 at 4:06PM
MLS# 98973083
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale multifamily rental property is configured as an eight-unit operation, with a large house at the front and a cottage rental unit in the back. Recent updates include a new boiler installed in December 2025, along with a new roof and exterior paint in 2020. The property also received a new electrical meter and main service panel in 2020, and most windows were replaced at that time. Units 1, 3, 6, 7, and 8 are described as updated, while Units 4 and 5 are occupied by long-term tenants.
The property is located in the center of Mountain Home, Idaho. It sits across the street from the newly renovated Towne Center Apartments (formerly a motel), with Albertson’s about a block away and the Mountain Home Farmer’s Market area located just east of the Railroad Park. The listing also notes convenient proximity to I-84 and Mountain Home Air Force Base.
For prospective owners or operators, this is a professionally managed, established rental asset featuring a mix of updated units and long-term tenancy. The listing agent is also part-owner of the property, and the offering is presented as an eight-unit residential income building with documented capital improvements.
The property is located in the center of Mountain Home, Idaho. It sits across the street from the newly renovated Towne Center Apartments (formerly a motel), with Albertson’s about a block away and the Mountain Home Farmer’s Market area located just east of the Railroad Park. The listing also notes convenient proximity to I-84 and Mountain Home Air Force Base.
For prospective owners or operators, this is a professionally managed, established rental asset featuring a mix of updated units and long-term tenancy. The listing agent is also part-owner of the property, and the offering is presented as an eight-unit residential income building with documented capital improvements.
Key Highlights
- Iconic 8‑unit rental property in Mountain Home, featuring the large front house plus a back cottage rental unit
- New boiler installed December 2025
- Roof and exterior paint updated in 2020; new electrical meter and main service panel installed in 2020
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated front house and rear cottage provide eight rental units with recent mechanical and exterior improvements.
Where is this apartment building located?
The property is located at 405 N 2nd E 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: Iconic 8‑unit rental property in Mountain Home, featuring the large front house plus a back cottage rental unit; New boiler installed December 2025; Roof and exterior paint updated in 2020; new electrical meter and main service panel installed in 2020
