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    Idaho Falls, ID
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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 Firth, ID Basalt, ID
    47 properties
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    12-Unit Apartment Building
    Updated: Sep 3
    12-Unit Apartment Building

    280 1st Street, Idaho Falls, ID 83401

    $1,200,000
    8,752 sqft 0.22 AC lot
    12‑unit apartment property
    8,752 square feet on a 0.2152‑acre site
    Built in 1920 with frame construction and vinyl siding
    Electric baseboard heating
    Membrane and metal roofing
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    Rebuilt 16-Unit Apartment Building
    Updated: Jul 12
    Rebuilt 16-Unit Apartment Building

    488 D Street, Idaho Falls, ID 83402

    $2,650,000
    12,300 sqft 0.40 AC lot
    16‑unit apartment building with 12,300 square feet on 0.4 acres
    Rebuilt from the shell with new roof, electrical, plumbing, systems, and finishes
    One block to the Snake River and Riverwalk Park
    Brick construction with ductless heating and zoned cooling
    Off‑street parking, storage, public water, and public sewer
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    Multifamily Portfolio with Detached Garage
    Multifamily Portfolio with Detached Garage

    224 S Water Avenue, Idaho Falls, ID 83402

    $995,000
    5,900 sqft 0.36 AC lot

    Three-building residential portfolio with individual units, off-street parking, public utilities, and a detached garage.

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    See hot listings in Idaho Falls

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Three-Building Apartment Portfolio
    Three-Building Apartment Portfolio

    224 S Water Ave, Idaho Falls, ID 83402

    $995,000
    5,900 sqft

    Income-producing multifamily property with separate buildings, off-street parking, and a detached two-stall garage.

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    Apartment Building with Garages
    Apartment Building with Garages

    781 Oxford Drive, Idaho Falls, ID 83401

    $1,350,000
    8,400 sqft 0.62 AC lot

    Multifamily property with mixed one- and two-bedroom units, coin laundry, rentable garages, and additional storage.

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    Updated Quadplex With Garage Parking
    Updated Quadplex With Garage Parking

    2114 Meppen Drive, Idaho Falls, ID 83401

    $650,000
    4,000 sqft 0.30 AC lot

    Four residential units feature open layouts, full bathrooms, and washer/dryer hookups.

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    Four-Unit Quadplex with Garages
    Four-Unit Quadplex with Garages

    1296 Blaine Avenue, Idaho Falls, ID 83402

    $550,000
    3,264 sqft 0.19 AC lot

    Each residence has two bedrooms and a kitchen, complemented by detached garages and off-street parking.

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    12-Unit Multifamily Property
    12-Unit Multifamily Property

    280 1st Street, Idaho Falls, ID 83401

    $1,200,000
    8,752 sqft

    Professionally managed residential income property with an established 12-unit configuration.

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    Renovated Triplex with Flex Building
    Renovated Triplex with Flex Building

    492 G Street, Idaho Falls, ID 83402

    $515,000
    3,061 sqft 0.17 AC lot

    Three-space configuration includes a one-bedroom apartment and a heated secondary building.

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    Newly Built Duplex with Garages
    Newly Built Duplex with Garages

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

    $675,000
    3,880 sqft 0.19 AC lot

    Two-unit property with spacious layouts, full appliance packages, and private two-car garages for each residence.

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    Rebuilt Downtown Apartment Building
    Rebuilt Downtown Apartment Building

    488 D St, Idaho Falls, ID 83402

    $2,650,000
    12,300 sqft

    Fully reconstructed multifamily property near the Snake River, Riverwalk Park, downtown offices, restaurants, retail, and nightlife.

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    Renovated Apartment Building
    Renovated Apartment Building

    350 E Street, Idaho Falls, ID 83402

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

    Twenty-seven studios and one-bedroom apartments feature secured access, assigned parking, storage, and shared laundry facilities.

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    Under-Construction Apartment Building
    Under-Construction Apartment Building

    1287-1293 Bear Avenue, Idaho Falls, ID 83402

    $1,230,000
    3,592 sqft 0.26 AC lot

    Two-story multifamily property with open-concept interiors, abundant cabinetry, and convenient interstate access.

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    Apartment Building with Garages
    Apartment Building with Garages

    781 Oxford Dr, Idaho Falls, ID 83401

    $1,350,000
    8,400 sqft

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

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    Duplex with Detached Garage
    Duplex with Detached Garage

    119 8th Street, Idaho Falls, ID 83402

    $399,900
    3,165 sqft 0.16 AC lot

    Separate outdoor spaces and dedicated garage stalls serve both residences.

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    3-Unit Triplex
    3-Unit Triplex

    798 Garfield Street, Idaho Falls, ID 83401

    $325,000
    1,834 sqft 0.41 AC lot

    All three rental units are occupied, with public water and sewer service.

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    Multifamily Property with Flex Building
    Multifamily Property with Flex Building

    492 G St, Idaho Falls, ID 83402

    $515,000
    3,061 sqft

    Renovated historic residence includes a separate apartment and heated auxiliary building with workspace and residential features.

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    Duplex with Finished Basement
    Duplex with Finished Basement

    1849 S Higbee Avenue, Idaho Falls, ID 83404

    $268,000
    1,152 sqft 0.15 AC lot

    Finished basement includes a second kitchen and separate exterior entrance for flexible occupancy arrangements.

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    Updated Quadplex
    Updated Quadplex

    2114 Meppen Dr, Idaho Falls, ID 83401

    $650,000
    4,000 sqft

    Four residential units feature open layouts, full baths, and washer/dryer hookups.

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    Renovated Duplex with Separate Entrances
    Renovated Duplex with Separate Entrances

    915 Ada Avenue, Idaho Falls, ID 83402

    $399,000
    2,020 sqft 0.14 AC lot

    Two residential units offer flexible occupancy with individual water heaters and public utilities.

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

    350 E 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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    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 Construction Duplex
    New Construction Duplex

    1287-1297 Bear Ave, Idaho Falls, ID 83402

    $1,230,000
    3,592 sqft

    Two-story duplex with open-concept interiors, abundant cabinetry, and convenient interstate access.

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    Triplex with Metal Roof
    Triplex with Metal Roof

    1221 Sage Avenue, Idaho Falls, ID 83402

    $395,000
    3,424 sqft 0.16 AC lot

    Three-unit property with separate electric meters and heating for each residence.

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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 47 active listings on our real estate platform. These investment opportunities span a total of 217,883 square feet of properties for sale, with an estimated market value of $39,045,400.

    Sale prices for multifamily properties in Idaho Falls, ID start at $250,000, averaging $867,675, 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

    Duplexes 19
    Apartment buildings 12
    Quadplexes 6
    Triplexes 4
    Short term rental properties 2

    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 $408.3K
    83406 $412.5K
    83401 $690.9K
    83402 $1.1M

    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)

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    Most Searched ZIP Codes in Idaho Falls, ID

    • 83402
    • 83401
    • 83404
    • 83406

    Featured Idaho Falls Real Estate Agencies

    Realmo connects you with licensed Idaho Falls CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Venture One Properties
    434 Gladstone St., PO Box 2363 Idaho Falls, ID 83401
    Phone: 12085427979
    ventureoneproperties.com
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