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    Idaho Falls, ID Multifamily Properties for Sale

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    Ammon, ID Iona, ID Shelley, ID Blackfoot, ID Ucon, ID Rigby, ID Menan, ID Firth, ID
    35 properties
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    Triplex with Metal Roof
    Updated: Jul 10
    Triplex with Metal Roof

    1221 Sage Avenue, Idaho Falls, ID 83402

    $395,000
    3,424 sqft 0.16 AC lot
    0.16‑acre lot with a 3,424 SF triplex
    Metal roof and frame hardboard/composition construction
    Separate electric meters and separate natural gas heating for each unit
    Upgraded furnaces and upgraded water heaters
    Off‑street parking on a dedicated concrete pad plus ample street parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    1221 Sage Avenue, Idaho Falls, ID 83402

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $412K
      Above asking

    • Property Type

      Single Family Residence
      Built 1920
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    Multifamily Portfolio with Detached Garage
    Updated: Jul 3
    Multifamily Portfolio with Detached Garage

    224 S Water Avenue, Idaho Falls, ID 83402

    $1,050,000
    5,900 sqft 0.36 AC lot
    5,900 square feet across a 0.3558‑acre multifamily portfolio
    Three separate buildings plus a detached 2‑stall garage
    10 total units, with 8 currently active
    Over 7.12% cap rate stated in the listing
    Refrigerator and range included in every unit
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    Apartment Building with Coin Laundry and Garages
    Apartment Building with Coin Laundry and Garages

    781 Oxford Drive, Idaho Falls, ID 83401

    $1,395,000
    8,400 sqft 0.62 AC lot

    Apartment building with coin-operated laundry, rentable garages, storage units, and accessible entry approach with a ramp.

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    Four-Unit Residential Building with Garages
    Four-Unit Residential Building with Garages

    2424 Virlow, Idaho Falls, ID 83401

    $1,175,000
    5,856 sqft 0.24 AC lot

    Brand-new four-plex under construction with central air, natural gas forced-air heat, and attached double-car garages.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Apartment Building with Garages
    Apartment Building with Garages

    781 Oxford Dr, Idaho Falls, ID 83401

    $1,395,000
    8,400 sqft

    Multifamily property with one- and two-bedroom units, coin-operated laundry, storage units, and updated building systems.

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    Four-Unit Apartment Property
    Four-Unit Apartment Property

    2114 Meppen Drive, Idaho Falls, ID 83401

    $669,000
    4,000 sqft 0.30 AC lot

    Four separate residences feature open layouts, washer and dryer hookups, and off-street parking with garage access.

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    16-Unit Apartment Building
    16-Unit Apartment Building

    488 D Street, Idaho Falls, ID 83402

    $2,650,000
    12,300 sqft 0.40 AC lot

    Fully rebuilt apartment building with new roof, electrical, plumbing, and ductless HVAC systems.

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    Four-Unit Quadplex with Private Entrances
    Four-Unit Quadplex with Private Entrances

    133 E 21st Street, Idaho Falls, ID 83404

    $517,000
    3,800 sqft 0.22 AC lot

    Quadplex with four fully occupied units, private entrances, and separate fenced yards.

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    New Four-Unit Quadplex
    New Four-Unit Quadplex

    2424 Virlow St, Idaho Falls, ID 83401

    $1,175,000
    5,856 sqft

    Two-story income property with three-bedroom units, private garages, and modern kitchen finishes.

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    Renovated Duplex With Flex Building
    Renovated Duplex With Flex Building

    492 G Street, Idaho Falls, ID 83402

    $515,000
    3,061 sqft 0.17 AC lot

    Renovated historic residence with a separate apartment and a heated accessory building offering flexible workspace.

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    Newly Built Duplex with Two-Car Garages
    Newly Built Duplex with Two-Car Garages

    195-197 2nd Street, Idaho Falls, ID 83401

    $675,000
    3,880 sqft 0.19 AC lot

    New 2023 duplex on a corner lot, with two-car garages for each unit and central air.

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    Renovated 27-Unit Apartment Building
    Renovated 27-Unit Apartment Building

    350 E St, Idaho Falls, ID 83402

    $4,250,000
    22,578 sqft

    Updated apartment property with studio and one-bedroom residences, secured entry, assigned parking, and private storage for tenants.

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    Under-Construction Apartment Building with Balcony
    Under-Construction Apartment Building with Balcony

    1287-1297 Bear Avenue, Idaho Falls, ID 83402

    $1,850,000
    3,592 sqft 0.40 AC lot

    Two-story, open-concept townhome/duplex with three bedrooms and two bathrooms, central air, and a private balcony.

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    Fully Renovated 27-Unit Apartment Building
    Fully Renovated 27-Unit Apartment Building

    350 E Street, Idaho Falls, ID 83402

    $4,250,000
    22,578 sqft 0.41 AC lot

    27-unit apartment building with secured access, assigned parking, and high-speed fiber internet for tenants.

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    6-Unit Apartment Building with Garages
    6-Unit Apartment Building with Garages

    601 John Adams Ct, Idaho Falls, ID 83401

    $1,100,000
    6,048 sqft

    Two-level residences feature private decks, open upper living areas, and detached garages.

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    Duplex Townhome with Balcony
    Duplex Townhome with Balcony

    1295/1297 Bear Avenue, Idaho Falls, ID 83402

    $615,000
    3,592 sqft 0.14 AC lot

    Under-construction two-story duplex townhome with an open layout, central air, and public utilities.

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    Updated Duplex with Separate Entrances
    Updated Duplex with Separate Entrances

    915 Ada Avenue, Idaho Falls, ID 83402

    $399,000
    2,020 sqft 0.14 AC lot

    Updated duplex with two separate living spaces, ductless heating and cooling, and public water and sewer.

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    16-Unit Apartment Complex
    16-Unit Apartment Complex

    16-1460 Benton St, Idaho Falls, ID 83401

    $1,550,000
    15,012 sqft

    Three two-story buildings offer two-bedroom units, select balconies, fenced courtyards, and recently refinished stucco.

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    Brick Duplex with Garages
    Brick Duplex with Garages

    555/557 Tendoy Drive, Idaho Falls, ID 83401

    $350,000
    2,812 sqft 0.19 AC lot

    Two residential units offer basement living areas, private yard space, and detached garage parking.

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    New 4-Unit Quadplex
    New 4-Unit Quadplex

    2400 Virlow St, Idaho Falls, ID 83401

    $1,200,000
    5,856 sqft

    Two-story multifamily property with modern finishes, private garages, and dedicated laundry areas.

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    26-Unit Apartment Building
    26-Unit Apartment Building

    505 & 507 Tendoy Dr, Idaho Falls, ID 83401

    Contact for pricing

    For sale 26-unit multifamily property at 505 and 507 Tendoy Dr in Idaho Falls.

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    Duplex with Detached Single-Car Garages
    Duplex with Detached Single-Car Garages

    675-677 Holbrook Drive, Idaho Falls, ID 83401

    $460,000
    2,600 sqft 0.18 AC lot

    Two-unit duplex on a 0.1835-acre lot with detached single-car garages for each unit and one fully updated unit.

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    Brick Duplex with Detached Garages
    Brick Duplex with Detached Garages

    610-612 Holbrook Drive, Idaho Falls, ID 83401

    $440,000
    2,600 sqft 0.18 AC lot

    Brick duplex with two tenant-occupied units, each with four bedrooms and a detached single-car garage.

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    Updated Triplex Property
    Updated Triplex Property

    437 W Crowley Street, Idaho Falls, ID 83402

    $329,000
    1,928 sqft 0.14 AC lot

    Updated tri-plex with two 2 bed, 1 bath units plus a detached studio, on a public utilities-served lot.

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    Idaho Falls, ID Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Idaho Falls, ID, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 220,219 square feet of properties for sale, with an estimated market value of $37,548,000.

    Sale prices for multifamily properties in Idaho Falls, ID start at $325,000, averaging $1,104,352, and reaching up to $4,250,000 — 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

    Apartment buildings 12
    Duplexes 10
    Quadplexes 9
    Triplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 123K
    Population Growth (5Y) +13.2%
    Median Household Income $78,064
    College Educated 24.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    83404 $433.5K
    83401 $816.1K
    83402 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $44.22 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bonneville County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bonneville County

    Residential Income

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    • 83402
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