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Renovated Fourplex
For Sale
$450,000

520 E Main Street, Challis, ID 83226

Residential Income, Challis, ID

Property Size1,604 SF
Lot Size0.24 Acres
Price / SF$280.55
Days on Market142

Property Features for 520 E Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description General Zoning: Commercial, Specific Zoning: Custer-Commercial
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Basement Crawl Space
Appliances Refrigerator, Oven, Stove
Subdivision Challis Townsite-Cust
Lot features Near Golf Course, Near Schools
Elementary school Challis 181EL
Middle school Challis 181JH
High school Challis 181HS
Directions From HWY 93, head E on Main Street until you pass the Post Office. Property is on the right.
Standard status Active
APN Block 16
Size 1,604 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description BLK 16 LOTS 5,7 Challis Original
Tax Annual Amount 1106
Legal Description BLK 16 LOTS 5,7 Challis Original

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Water source Public

Amenities

shared laundry room

Building Details

Year built 1970
Number of units 4
Building materials Log, Log
Roof type Shake
Listing Agency: Silvercreek Realty Group
Listed By: Lisa Parker · License #SP43416
Added: May 4 Changed: Sep 13 Last Checked: Sep 22 at 5:06AM
MLS# 2186036

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.

Investment Insights

Based on property information with market context.

This renovated fourplex contains 1,604 square feet and is arranged as three one-bedroom units plus one two-bedroom unit. The property includes five bedrooms and five bathrooms overall, with each residence offering a private kitchen and bath. A shared laundry room serves the building, and tenant parking is available on site.

Built in 1970 on 0.237 acres, the property uses log construction with a shake roof. Heating is provided by natural gas and electric systems, while public water and public sewer serve the site. The units are currently offered on six-month rental terms and include refrigerators, ovens, and stoves.

Key Highlights

  • Four‑unit configuration with three one‑bedroom residences and one two‑bedroom residence
  • 1,604 square feet on a 0.237‑acre lot
  • Five bedrooms and five bathrooms across the property

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Catering Service Butcher Pharmacy Cafe & Coffee Shop

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 83226, ID

2,294
Population
1,409
Households
1.6
Avg Household Size
54
Median Age
13%
College-Educated
91%
High-School Grad
2,010.4 sq mi
ZIP Area
1
Density / Sq Mi
$50,980
Median Household Income
$22,130
Median Earnings
$708
Median Rent
$270,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four-unit property with private kitchens and baths, shared laundry, and tenant parking in Challis.
Where is this quadplex located?
The property is located at 520 E Main Street Challis, ID.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit configuration with three one‑bedroom residences and one two‑bedroom residence; 1,604 square feet on a 0.237‑acre lot; Five bedrooms and five bathrooms across the property
More about this property
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