Search
Burley Multifamily Investment Opportunity
For Sale
$1,751,634

536 Elba Avenue, Burley, ID 83318

Eight-unit multifamily property with expansion potential in a growing area.

Property Size5,400 SF
Price / SF$324.38
Days on Market273

Property Features for 536 Elba Avenue

General Information

Standard status Active
Size 5,400 SF
Property subtype (4) Duplex Buildings
Net Operating Income $96,340

Building Details

Building Size 5,400 SF
Listing Agency: TOK Commercial
Listed By: Darren Puetz · License ##SP47267
Source: Tokcommercial
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 21 at 5:28AM

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 TOK Commercial

Investment Insights

Based on property information with market context.

Located at 536 Elba Avenue in Burley, ID, this multifamily property presents a significant investment opportunity. Constructed in 2020, the property consists of eight units within a 5,400 square foot building, all of which are currently occupied. Each unit features three bedrooms and two bathrooms, with a total of 1,350 square feet spread across two floors, and includes an attached garage. The offering also includes 0.29 acres of adjacent land, presenting a development opportunity for potential expansion. The property is located in North Burley, Cassia County, within a rapidly growing area and is well-maintained. Its location provides close proximity to major roads, retailers, and services. The property is situated in a stable community with a strong population base supported by the College of Southern Idaho and major employers such as Cassia Regional Hospital, McCain Foods, and Dots Foods.

Key Highlights

  • 100% Occupancy: Provides immediate and consistent rental income.
  • Eight 3‑Bedroom/2‑Bath Units with Attached Garages: Highly desirable unit configuration for renters.
  • Development Opportunity: Includes 0.29 acres of adjacent land for potential expansion.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Catering Service Florist Locksmith

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

360
Businesses Nearby

Demographics for 83318, ID

18,990
Population
6,786
Households
2.8
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
254.2 sq mi
ZIP Area
75
Density / Sq Mi
$66,770
Median Household Income
$36,569
Median Earnings
$924
Median Rent
$248,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit multifamily property with expansion potential in a growing area.
Where is this apartment building located?
The property is located at 536 Elba Avenue Burley, ID.
What is the asking price?
The asking price for this property is $1,751,634.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate and consistent rental income.; Eight 3‑Bedroom/2‑Bath Units with Attached Garages: Highly desirable unit configuration for renters.; Development Opportunity: Includes 0.29 acres of adjacent land for potential expansion.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message