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    Challis, ID Multifamily Properties for Sale

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    May, ID Clayton, ID Dubois, ID
    Renovated Fourplex Investment Property
    $450,000
    1,604 SF
    Renovated Fourplex Investment Property

    520 E Main Street, Challis, ID 83226

    Newly renovated fourplex with income potential in Challis, Idaho.
    • Excellent income‑generating investment property with a history of success.
    • Newly renovated fourplex with 5 bedrooms and 5 bathrooms.
    • Configuration: Three 1‑bedroom units and one 2‑bedroom unit, each with private bath and kitchen.
    • Shared laundry room on‑site for tenant convenience.
    • Parking available for tenants.
    Updated: May 4
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Challis, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Riverfront Triplex Investment Opportunity
    $950,000
    2,850 SF
    Riverfront Triplex Investment Opportunity

    Three fully furnished homes near Salmon River, ideal for vacation rentals.

    315 Riverfront Dr, Salmon, ID 83467

    View details
    Riverfront Investment Opportunity in Salmon
    $950,000
    2,850 SF
    Riverfront Investment Opportunity in Salmon

    Turnkey short-term rental property with river access and expansion potential.

    315 Riverfront Drive, Salmon, ID 83467

    View details
    Ketchum Condo Complex Opportunity
    $7,250,000
    5,928 SF
    Ketchum Condo Complex Opportunity

    Condo complex with eight units in prime Ketchum location.

    420-460 N Spruce Ave lot: A-H, Ketchum, ID 83340

    View details
    Mixed-Use Building with Penthouse
    $15,000,000
    14,360 SF
    Mixed-Use Building with Penthouse

    A combined commercial and luxury residential property with rooftop-style living, heated courtyard, and covered parking.

    131 1st Ave N, Ketchum, ID 83340

    View details

    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.

    Residential Mixed-Use Development Lot
    $129,900
    0.48 Acres
    Residential Mixed-Use Development Lot

    Build a single home or multi-family configuration on a versatile lot with existing city services nearby.

    111 Cabarton Road, Cascade, ID 83611

    View details
    Idaho Falls Commercial Land Available
    $3,230,000
    29.64 Acres
    Idaho Falls Commercial Land Available

    Ideally located commercial land with high visibility and development potential.

    W 17th S, Idaho Falls, ID 83402

    View details
    Island Park Treed 5-Acre Lot
    $275,000
    5.00 Acres
    Island Park Treed 5-Acre Lot

    5-acre treed lot in Island Park, short-term rentals allowed.

    2822 NE Sagehen Dr, Island Park, ID 83429

    View details
    One Acre Lot in Fremont
    $69,000
    1.00 Acre
    One Acre Lot in Fremont

    One-acre lot suitable for building or manufactured home.

    229 N 2270 E, St, Anthony, ID 83445

    View details

    Challis, ID Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Challis, ID on our real estate platform. These investment opportunities span a total of 1,604 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for multifamily properties in Challis, ID start at $450,000, averaging $450,000, and reaching up to $450,000 — 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

    Quadplexes 1

    Demographics Overview

    Population 2,149
    Population Growth (5Y) +10.2%
    Median Household Income $50,980
    College Educated 7.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    83226 $450K

    Taxes & Financing

    Tax Rate (average for all types) 0.46%
    Property Tax per SF $9.75 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Custer County

    New Delisted

    Total CRE Inventory on Market (SF)

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