Blackfoot, ID Multifamily Properties for Sale

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Pingree, ID Aberdeen, ID Idaho Falls, ID Shelley, ID Firth, ID

12 properties

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Updated: Jun 12

Stabilized Multi-Income Investment Opportunity

788 S Broadway Street, Blackfoot, ID 83221

$9,800,000

38,800 sqft 4.28 AC lot

Fully stabilized mobile home park with diverse income streams, including 38 new manufactured homes, 40 self‑storage units, and more.
Projected NOI of $582,249 by 2027, delivering a 6% stabilized cap rate.
Significant tax advantages: $3.4M in first‑year accelerated depreciation possible.
Turnkey asset with modern infrastructure: paved roads, fiber internet, and city utilities.
Professionally managed via AppFolio for efficient operations.

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Updated: Apr 19

Blackfoot Investment Opportunity

1375 S Broadway Street, Blackfoot, ID 83221

$1,000,000

10,000 sqft 1.00 AC lot

Approximately 20 studio rental units, each approximately 350' (with maintenance records and rental history for the past 5 years)
Day‑to‑day operations managed by a property rental company; public remarks reference a 7+ cap rate
Additional buildings included and could be expanded as rental and/or storage units
Over 1/3‑acre lot that is commercially zoned with potential multi‑family uses (per public remarks)
Year built 1959 with metal roofing and siding including lap, log, and vinyl materials

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Mobile Home and Self-Storage Park

788 S Broadway Street, Blackfoot, ID 83221

$9,800,000

38,800 sqft 4.28 AC lot

Turnkey, professionally managed mixed-use park with manufactured homes, self-storage, apartments, and a leased laundromat.

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Blackfoot Multi-Income Investment Opportunity

788 S Broadway St, Blackfoot, ID 83221

$9,800,000

4.28 AC lot

Turnkey asset with mobile homes, storage, apartments, laundromat, and commercial space.

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Renovated Tri-Plex with Off-Street Parking

66 N Stout Avenue, Blackfoot, ID 83221

$350,000

2,700 sqft 0.27 AC lot

Well-maintained tri-plex with updated interiors, private storage, and shared laundry, with Unit 2 available for showings.

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Updated Fourplex in Blackfoot

252 Shilling Avenue, Blackfoot, ID 83221

$435,000

3,636 sqft 0.15 AC lot

Solid fourplex with updated mechanicals and cash flow potential.

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Dual Manufactured Home Duplex

194/196 W Center Street, Blackfoot, ID 83221

$345,000

1,794 sqft 0.18 AC lot

Two fully renovated manufactured homes each with its own carport, currently tenant-occupied for immediate rental income.

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Mixed-Use Property on Broadway Street

300 N Broadway Street, Blackfoot, ID 83221

$480,000

7,690 sqft 0.35 AC lot

Mixed-use property with income potential on Broadway Street.

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Triplex Income Property with Storage

362 SE Main Street, Blackfoot, ID 83221

$269,000

2,200 sqft 0.40 AC lot

Triplex on a 0.40-acre lot with multiple 1- and 2-bedroom units and downstairs washer/dryer hookups.

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Mixed-Use Multifamily and Shop Property

15 W Walker Street, Blackfoot, ID 83221

$590,000

0.62 AC lot

City-approved plan for six apartment buildings, plus an existing shop and office space on two parcels.

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Triplex Income Property

362 SE Main St, Blackfoot, ID 83221

$269,000

2,200 sqft 0.40 AC lot

Triplex for sale with three separate residential units and washer/dryer hookups in the main-level 2-bedroom unit.

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Blackfoot, Idaho Mobile Home Park

429 W Highway 39, Blackfoot, ID 83221

$2,300,000

8.00 AC lot

8-acre mobile home park near Snake River, Blackfoot, Idaho.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 12 Active listings in Blackfoot, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey New Construction 4-Plex

5405 Park Lawn Drive, Chubbuck, ID 83202

$709,900

4,400 sqft 0.15 AC lot

Newly built 4-plex with four 3-bedroom units, modern finishes, and in-unit PTAC heating and air.

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Duplex-Style Home with Private Entry

1322 Willard Ave, Pocatello, ID 83201

$279,900

2,050 sqft 0.20 AC lot

A 5-bedroom, 2-bath home with a fully finished basement, private exterior entrance, and separate kitchen and laundry.

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Newly Built 4-Plex

5400 Park Lawn, Chubbuck, ID 83202

$700,000

4,224 sqft 0.19 AC lot

Newly built 4-plex featuring four 3-bedroom, 1-bath units designed for straightforward, low-maintenance occupancy.

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Manufactured Housing Community Portfolio

330 W Chubbuck Rd, Pocatello, ID 83202

Contact for pricing

20.00 AC lot

Two adjacent manufactured housing communities offer 136 spaces with high occupancy and city water and sewer service.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Idaho Falls Commercial Land Available

W 17th S, Idaho Falls, ID 83402

$3,230,000

29.64 AC lot

Ideally located commercial land with high visibility and development potential.

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Residential Lot in Garden Grove

3043 GARDEN ROAD, American Falls, ID 83211

$65,000

1.94 AC lot

1.94 acre residential corner lot in a rural setting.

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Residential Land in American Falls

3055 GARDEN PLACE, American Falls, ID 83211

$70,000

1.84 AC lot

1.84 acre residential lot in a rural setting.

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Riverfront Industrial Development Land

Bailey Creek Rd., Soda Springs, ID 83276

$2,000,000

90.00 AC lot

90-acre riverfront parcel with mineral spring water, including city-preserved north boundary and Bear River frontage.

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Off-Market Properties in Blackfoot, ID

Consider similar Off-Market properties in Blackfoot, ID. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

0 Tbd Airport Rd, Blackfoot, ID 83221

Value Estimation by Request

3.02 AC lot

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Multifamily properties

2015 Lawrence Ln, Blackfoot, ID 83221

Value Estimation by Request

6,280 sqft

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Multifamily properties

385-391 Jeremy Ln, Blackfoot, ID 83221

Value Estimation by Request

3,690 sqft

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Blackfoot, ID Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Blackfoot, ID, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 107,820 square feet of properties for sale, with an estimated market value of $22,748,000.

Sale prices for multifamily properties in Blackfoot, ID start at $269,000, averaging $2,527,555, and reaching up to $9,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 29K

Population Growth (5Y) +8.0%

Median Household Income $77,889

College Educated 27.9%

High-Yield Neighborhoods for Investment

Identify Blackfoot submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
83221	$1.9M

Taxes & Financing

Tax Rate (average for all types) 1.99%

Property Tax per SF $46.23 per SF

Tax Rate vs County Average 0.08 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bingham County

New Delisted

Total CRE Inventory on Market (SF)

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