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    405 N 2nd E Mountain Home, ID 83647

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    Claim this Listing
    For Sale
    $730,000

    MULTI_FAMILY - Mountain Home, ID

    Type:Apartment
    Property size:
    4,284 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $170/SF
    Added:
    Jan 29, 2026
    Days on Market:
    92
    Last Refresh:
    May 1 at 12:06 am

    Property Features for 405 N 2nd E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    7
    Bathrooms
    8
    Rooms
    Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 8, Bathroom 7, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 7
    Parking
    6
    Appliances
    Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
    Standard status
    Active
    APN
    RPA009000A022A
    Size
    4,284 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    See exhibit A - long legal in docs
    Tax Annual Amount
    1662

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1895
    Number of units
    8
    Flooring type
    Vinyl
    Building materials
    Frame, Wood Siding
    Roof type
    Composition

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    Listing Contact
    Gregory Davis

    Listing agent Gregory Davis License #SP32434

    Listing office KW Commercial 1065 S Allante Pl, Boise, ID

    Listing date Jan 29, 2026

    MLS# 98973083 Listing URL

    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.


    Overview

    Mountain Home Multifamily Investment Opportunity

    This 8-unit multifamily property is located in Mountain Home. The property includes a large house in front and a cottage rental unit in the back. Several units have been updated. Units 4 and 5 have long-term tenants. The property is professionally managed. It is located across the street from the Towne Center Apartments, a block from Albertson's, and just east of the Railroad Park, the home of the Mountain Home Farmer's Market. It is also minutes from I-84 and Mountain Home Airforce Base. The property has an excellent rental history, with vacant units renting within days. The property has a new boiler as of December 2025, a new roof and exterior paint as of 2020, and a new electrical meter and main service panel as of 2020. Most windows were replaced in 2020. The property size is 4284 square feet and the lot size is 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mountain Home
    County
    Elmore
    State
    Idaho
    Longitude
    -115.695758
    Latitude
    43.133746

    FAQs

    What type of property is this?
    Apartment building - Iconic 8-unit rental property with excellent rental history.
    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 $730,000.
    What are key features of this property?
    This property features: Prime location in the center of Mountain Home, near key amenities and minutes from I‑84 and Mountain Home Airforce Base.; Excellent rental history with vacant units renting quickly, indicating strong demand.; Eight‑unit property including a main house and a separate cottage rental unit, maximizing rental income potential.
    More about this property
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