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26-Unit Apartment Building
For Sale
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505 & 507 Tendoy Dr, Idaho Falls, ID 83401

For sale 26-unit multifamily property at 505 and 507 Tendoy Dr in Idaho Falls.

Property SizeContact for details
Days on Market56

Property Features for 505 & 507 Tendoy Dr

General Information

Standard status Active
Property subtype Multifamily
Occupancy 96%
Net Operating Income $241,680

Building Details

Buildings 13
Units 26
Tenancy Multi
Listing Agency: Grider Peterson Real Estate Team
Listed By: Jason Grider · License #AB40801
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 11 at 4:21PM

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 Grider Peterson Real Estate Team

Investment Insights

Based on property information with market context.

This for-sale multifamily property is comprised of 26 apartment units. It is presented as a residential income asset, suitable for investors and buyers seeking a small-to-mid size multifamily portfolio.

The property is located at 505 and 507 Tendoy Dr in Idaho Falls, Idaho. The offering is described as a single multifamily asset with both addresses included in the unit count.

A 26-unit configuration can appeal to buyers looking for meaningful scale while still maintaining a manageable number of units to oversee. As with any multifamily acquisition, prospective buyers typically evaluate the existing unit mix, operating expenses, and rent roll details during due diligence; those specifics are not provided here, so they should be confirmed as part of the process. Interested parties should request the additional offering materials to review the property’s financial and physical condition details before making an investment decision.

Key Highlights

  • 26‑unit multifamily property for sale
  • Offered at $200,000 per unit
  • Located at 505 and 507 Tendoy Dr in Idaho Falls

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Catering Service Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

Demographics for 83401, ID

47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - For sale 26-unit multifamily property at 505 and 507 Tendoy Dr in Idaho Falls.
Where is this apartment building located?
The property is located at 505 & 507 Tendoy Dr Idaho Falls, ID.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 26‑unit multifamily property for sale; Offered at $200,000 per unit; Located at 505 and 507 Tendoy Dr in Idaho Falls
More about this property
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