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Three-Unit Triplex

927 Residence Street, Wallace, ID 83873

For Sale
$250,000

Multi-unit property in downtown Wallace with flexible occupancy options and an established residential configuration.

Property Size3,490 SF
Price / SF$71.63
Days on Market54

Property Features for 927 Residence Street

General Information

Standard status Active
Size 3,490 SF
Property subtype MultiFamily
Zoning m-1

Additional Details

Multifamily Units 3

Building Details

Building Size 3,490 SF
Year Built 1900
Units 3
Listing Agency: Berkshire Hathaway HomeServices Jacklin Real Estate
Listed By: Wes Smith · License ID SP40958
Source: Purewestrealestate
Added: Sep 21 Changed: Oct 26 Last Checked: Nov 12 at 4:14AM

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 Berkshire Hathaway HomeServices Jacklin Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this 3,490-square-foot triplex contains three rental units within a single multifamily property. The configuration supports several occupancy approaches, including living in one unit while leasing the other two or renting all three units.

The property is located at 927 Residence Street in downtown Wallace, Idaho, and is zoned M-1. Its long-standing construction date and central setting add established context for an owner seeking a small residential income property.

Key Highlights

  • Three rental units in one multifamily property
  • 3,490 square feet of building area
  • Built in 1900

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby

Demographics for 83873, ID

1,587
Population
1,154
Households
1.4
Avg Household Size
51
Median Age
13%
College-Educated
90%
High-School Grad
254.9 sq mi
ZIP Area
6
Density / Sq Mi
$41,838
Median Household Income
$34,545
Median Earnings
$660
Median Rent
$249,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Multi-unit property in downtown Wallace with flexible occupancy options and an established residential configuration.
Where is this triplex located?
The property is located at 927 Residence Street Wallace, ID.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three rental units in one multifamily property; 3,490 square feet of building area; Built in 1900
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