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    488 D Street Idaho Falls, ID 83402

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    Claim this Listing
    New
    For Sale
    $2,650,000

    MULTI_FAMILY - Idaho Falls, ID

    Property size:
    12,300 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $215/SF
    Added:
    Apr 28, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 28 at 12:06 pm

    Property Features for 488 D Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    16
    Bathrooms
    16
    Rooms
    Bedroom 12, Bedroom 15, Bedroom 2, Bathroom 15, Bedroom 13, Bathroom 6, Bathroom 14, Bathroom 9, Basement, Bedroom 16, Bedroom 10, Bathroom 4, Bathroom 11, Bedroom 8, Bathroom 7, Bathroom 16, Bathroom 8, Bedroom 11, Bedroom 1, Bathroom 5, Bedroom 6, Bedroom 5, Bedroom 9, Bedroom 4, Bathroom 2, Bathroom 10, Bathroom 3, Bedroom 3, Bedroom 14, Bathroom 1, Bedroom 7, Bathroom 12, Bathroom 13
    Parking
    22
    Parking features
    Off Street
    Security features
    Security System
    Interior features
    Ceiling Fan(s), Newly Renovated, Storage, Separate Storage
    Exterior features
    Lighting
    Basement
    Finished
    Appliances
    Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Stove
    Standard status
    Active
    APN
    RPA1980011007A
    Size
    12,300 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 7- 8, W 31 FT LOT 9, BLOCK 11
    Tax Annual Amount
    13560

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Ductless (Heating)
    Cooling system
    Zoned, Ductless
    Water source
    Public

    Building Details

    Year built
    1915
    Number of units
    16
    Building materials
    Brick
    Roof type
    Membrane
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Matthew Flinders
    Matthew Flinders

    Listing agent Matthew Flinders License #5452254-SA00

    Listing office Armstrong Flinders and Associates 31 S 1300 W #A, Pleasant Grove, ID

    Listing date Apr 28, 2026

    MLS# 2185284 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

    Rebuilt Apartments in Downtown Idaho Falls

    This is a 16-unit apartment building located in downtown Idaho Falls, one block from the Snake River and Riverwalk Park. The property has been fully rebuilt, taken down to the shell and reconstructed with a new roof, electrical system, plumbing, and finishes. Its central, walkable location is near restaurants, offices, retail spaces, and nightlife. The property's modern systems are designed for lower maintenance and predictable expenses. The property size is 12300 square feet, situated on a lot of 0.4 acres. The 2025 projections indicate a solid return with potential for increased value through professional management, rent optimization, and continued downtown revitalization. This property offers the opportunity to own a rebuilt, mid-sized apartment asset in a supply-constrained downtown core.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicane Apartment Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness 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
    -112.0392632
    Latitude
    43.4959155

    FAQs

    What type of property is this?
    Apartment building - Fully rebuilt 16-unit apartment building in downtown Idaho Falls.
    Where is this apartment building located?
    The property is located at 488 D Street Idaho Falls, ID.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: Fully rebuilt apartment building with new roof, electrical, plumbing, systems, and finishes.; Prime downtown Idaho Falls location, one block from the Snake River and Riverwalk Park.; Strong investment potential with solid in‑place return supported by 2025 numbers.
    More about this property
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