Mountain Home 8-Unit Rental
For Sale
Contact for pricing
405 N 2nd E St, Mountain Home, ID 83647
Iconic 8-unit rental property with excellent rental history in Mountain Home.
Property Size4,284 SF
Price / SF$163.17
Days on Market673
Property Features for 405 N 2nd E St
General Information
Standard status
Active
Size
4,284 SF
Class
B
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
C2
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$53,014
Building Details
Year Built
1895
Year Renovated
2022
Buildings
2
Stories
2
Units
8
Tenancy
Multi
Listing Agency:
KW Commercial Boise
(208) 739-3175
Listed By:
Gregg Davis · License #SP32434
Source:
Crexi
Added: Oct 28, 2024
Changed: Aug 22
Last Checked: Aug 29 at 11:47PM
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 KW Commercial Boise
Investment Insights
Based on property information with market context.
This 8-unit rental property is located in the center of Mountain Home, Idaho. The property includes a large house in front and a cottage rental unit in the back. Units 1, 3, 6, 7, and 8 have been updated. Units 4 and 5 are occupied by long-term tenants. A new boiler was installed in December 2025. The roof and exterior paint were updated in 2020, along with a new electrical meter and main service panel. Most windows were replaced in 2020. The property is professionally managed and has a history of renting vacant units quickly. The property is situated across the street from the Towne Center Apartments (formerly a motel), one block from Albertson's, and just east of Railroad Park, the location of the Mountain Home Farmer's Market. It is also located minutes from I-84 and Mountain Home Airforce Base. The property size is 4284 square feet.
Key Highlights
- Prime location in the center of Mountain Home, Idaho, near key amenities and attractions
- Excellent rental history with quick vacancy fills
- Eight‑unit property including a main house and cottage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
Explore this area
Business Placement
Demographics for 83647, ID
22,592
Population
9,695
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
1,504.5 sq mi
ZIP Area
15
Density / Sq Mi
$57,769
Median Household Income
$40,003
Median Earnings
$1,041
Median Rent
$283,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Iconic 8-unit rental property with excellent rental history in Mountain Home.
Where is this apartment building located?
The property is located at 405 N 2nd E St Mountain Home, ID.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime location in the center of Mountain Home, Idaho, near key amenities and attractions; Excellent rental history with quick vacancy fills; Eight‑unit property including a main house and cottage
