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    Challis, ID
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    Challis, ID Multifamily Properties for Sale

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    May, ID Clayton, ID Dubois, ID Salmon, ID Ellis, ID
    Fourplex with Shared Laundry
    Updated: May 4
    Fourplex with Shared Laundry

    520 E Main Street, Challis, ID 83226

    $450,000
    1,604 sqft 0.24 AC lot
    0.237‑acre lot with 1,604 square feet for the fourplex
    Newly renovated fourplex configured with 3 one‑bedroom units and 1 two‑bedroom unit
    Each unit has a private bath and kitchen
    Shared laundry room on site plus tenant parking available
    Built in 1970 with log construction and a shake roof
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 Cabins with Detached Garage
    Riverfront Triplex Cabins with Detached Garage

    315 Riverfront Drive, Salmon, ID 83467

    $900,000
    2,850 sqft 0.73 AC lot

    Riverfront triplex of three newly built furnished cabins with public utilities, natural gas forced air heat, and a detached two-car garage.

    View details
    Turnkey Riverfront Short-Term Rental Cabins
    Turnkey Riverfront Short-Term Rental Cabins

    315 Riverfront Dr, Salmon, ID 83467

    $900,000
    2,850 sqft 0.73 AC lot

    Three newly built, fully furnished cabins on a 0.73-acre riverfront lot with modern interiors, HVAC, and a detached 2-car garage.

    View details
    Eight-Unit Condo Apartment Complex
    Eight-Unit Condo Apartment Complex

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

    $7,250,000
    5,928 sqft 0.27 AC lot

    Eight condo units across two buildings with wood-burning fireplaces, patios, and on-site coin-operated washer/dryer plus 18 parking spots.

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    Duplex with Dual Access
    Duplex with Dual Access

    400 N 4th Ave, Ketchum, ID 83340

    $3,150,000
    1,766 sqft 0.19 AC lot

    Duplex near Ketchum’s bike path with entry from two different access points for flexible rental configuration.

    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.

    Idaho Falls Commercial Land Available
    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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    Island Park Land For Sale
    Island Park Land For Sale

    3580 Tara Court, Island Park, ID 83429

    $645,000
    5.16 AC lot

    Heavily wooded land with seller financing and nightly rentals allowed.

    View details
    Recreation Land
    Recreation Land

    3715 Fisher Pointe Drive, Island Park, ID 83429

    $291,500
    5.31 AC lot

    Recreation land with well water and private sewer, providing year-round access via newly paved roads for build or recreation use.

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    Recreation Land for Mountain Retreat
    Recreation Land for Mountain Retreat

    3721 Fisher Pointe Drive, Island Park, ID 83429

    $292,000
    5.32 AC lot

    5.32-acre recreation land with well water and private sewer, offering year-round access via newly paved roads.

    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 average $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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