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    Idaho Falls, ID Multifamily Properties for Sale

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    Ammon, ID Shelley, ID Ucon, ID
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    Downtown Triplex with Separate Utilities
    Updated: Jul 1
    Downtown Triplex with Separate Utilities

    1221 Sage Avenue, Idaho Falls, ID 83402

    $395,000
    3,424 sqft · 0.16 AC lot
    Downtown Idaho Falls triplex within walking distance of the Snake River, the Idaho Falls Greenbelt, and downtown amenities
    Metal roof; fresh exterior paint; upgraded furnaces and upgraded water heaters
    Each unit has separate electric meters and separate heating with natural gas; tenants pay their own utilities
    Separate water heaters plus in‑unit appliances including stove/oven, refrigerator, dishwasher, washer, and dryer
    Off‑street parking on a dedicated concrete pad with ample street parking; separate main‑level storage for lawn equipment
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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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    Residential Income Property with Two Units
    Updated: Jun 18
    Residential Income Property with Two Units

    6354 E Panorama Drive, Idaho Falls, ID 83401

    $525,000
    3,176 sqft · 1.08 AC lot
    3,176 sq. ft. home built in 2023 on 1 acre with panoramic valley views
    Two fully independent units, each with its own kitchen, living space, and bathrooms
    Upper unit features vaulted ceilings, private balcony, walk‑in closet, and a large bonus loft room
    Lower unit offers single‑level living with zero stairs plus a private entrance and garage access
    Loft space and multiple bedrooms/bathrooms, including bedrooms 1–4 and bathrooms 1–3
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    New 4-Plex Residential Income Building
    New 4-Plex Residential Income Building

    2408 Virlow, Idaho Falls, ID 83401

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

    Brand-new 2025 four-unit property with open-concept layouts and attached double-car garages for each unit.

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    Quadplex with Private Entrances
    Quadplex with Private Entrances

    133 E 21st Street, Idaho Falls, ID 83404

    $517,000
    3,800 sqft · 0.22 AC lot

    Four rental units on one lot with separate fenced yards and driveways for each dwelling.

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    Brand-New Fourplex Property
    Brand-New Fourplex Property

    2424 Virlow, Idaho Falls, ID 83401

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

    New 2025 fourplex with four modern units, each with three bedrooms and an attached double-car garage.

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    Multifamily Income Property
    Multifamily Income Property

    781 Oxford Drive, Idaho Falls, ID 83401

    $1,425,000
    8,400 sqft · 0.62 AC lot

    Multifamily property with 1- and 2-bedroom units plus coin laundry, storage, and rentable garages for added utility.

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    Rebuilt 16-Unit Downtown Apartment
    Rebuilt 16-Unit Downtown Apartment

    488 D Street, Idaho Falls, ID 83402

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

    Fully rebuilt 16-unit apartment with new roof, electrical, plumbing, and modern finishes near the Snake River.

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    New Construction Townhome/Duplex
    New Construction Townhome/Duplex

    1295/1297 Bear Avenue, Idaho Falls, ID 83402

    $630,000
    3,592 sqft · 0.14 AC lot

    New two-story duplex with open-concept layout and three bedrooms, near schools and shopping.

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    Renovated Apartment Building Near Riverwalk
    Renovated Apartment Building Near Riverwalk

    350 E Street, Idaho Falls, ID 83402

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

    Fully renovated 27-unit apartment building in downtown Idaho Falls.

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    New 4-Plex Residential Income
    New 4-Plex Residential Income

    Freedom Road, Idaho Falls, ID 83401

    $850,000
    4,712 sqft · 0.31 AC lot

    Under-construction 4-plex with granite counters and open-concept interiors, slated for completion in August 2026.

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    Classic Multi-Unit Investment Property
    Classic Multi-Unit Investment Property

    251 11th Street, Idaho Falls, ID 83403

    $265,000
    2,200 sqft · 0.21 AC lot

    Charming 4-unit property with income potential in Idaho Falls.

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    Fourplex with Washer-Dryer Hookups
    Fourplex with Washer-Dryer Hookups

    5963 N Freedom Road, Idaho Falls, ID 83401

    $799,000
    4,497 sqft · 0.25 AC lot

    Well-appointed fourplex with open, light-filled interiors, granite kitchen finishes, and in-unit laundry hookups.

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    Updated Tri-plex with Detached Studio
    Updated Tri-plex with Detached Studio

    437 W Crowley Street, Idaho Falls, ID 83402

    $349,000
    1,928 sqft · 0.14 AC lot

    Updated tri-plex with two-bedroom, one-bath units plus a detached studio for diversified rental options.

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    Idaho Falls Turnkey Duplex
    Idaho Falls Turnkey Duplex

    915 Ada Avenue, Idaho Falls, ID 83402

    $399,000
    2,020 sqft · 0.14 AC lot

    Updated duplex in Idaho Falls, ideal for investors or owner-occupants.

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    Duplex with Fenced Yard
    Duplex with Fenced Yard

    1305 Canal, Idaho Falls, ID 83402

    $329,000
    2,460 sqft · 0.16 AC lot

    Two-unit duplex near the green belt, with covered patio and fenced yard for tenant comfort and easy owner use.

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    Fourplex with Four 1BR Units
    Fourplex with Four 1BR Units

    503 Gladstone Street, Idaho Falls, ID 83401

    $350,000
    2,442 sqft · 0.11 AC lot

    For sale fourplex with four 1-bedroom, 1-bath units, offering a straightforward residential income configuration.

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    Multifamily Investment Opportunity in Idaho Falls
    Multifamily Investment Opportunity in Idaho Falls

    400 N Eastern Avenue, Idaho Falls, ID 83402

    $399,000
    3,028 sqft · 0.09 AC lot

    Income-producing multifamily property with value-add potential near downtown.

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    Multifamily Property in Idaho Falls
    Multifamily Property in Idaho Falls

    400 N Eastern Avenue, Idaho Falls, ID 83402

    $399,000
    3,028 sqft · 0.09 AC lot

    Income-producing multifamily property with value-add potential near downtown amenities.

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    Idaho Falls Fourplex Investment Property
    Idaho Falls Fourplex Investment Property

    5941 N Freedom Road, Idaho Falls, ID 83401

    $825,000
    4,497 sqft · 0.25 AC lot

    Well-established, fully rented fourplex in desirable Freedom Acres subdivision.

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    New Idaho Falls Fourplex
    New Idaho Falls Fourplex

    3608 N Felix Way, Idaho Falls, ID 83401

    $850,000
    4,712 sqft · 0.31 AC lot

    New fourplex under construction, estimated completion August 2026.

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    Idaho Falls Duplex Opportunity
    Idaho Falls Duplex Opportunity

    724-726 N Wabash Avenue, Idaho Falls, ID 83401

    $199,900
    1,680 sqft · 0.15 AC lot

    Duplex with separate units needing TLC in convenient location.

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    26-Unit Apartment Building
    26-Unit Apartment Building

    505 & 507 Tendoy Dr, Idaho Falls, ID 83401

    $5,200,000

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

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Idaho Falls, ID, we suggest to view alternatives - similar 47 Off-Market properties to explore as potential leads.

    Off-Market Properties in Idaho Falls, ID

    Consider similar Off-Market properties in Idaho Falls, 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.

    1956 Woodruff Ave
    HIGH-RISE APARTMENTS

    1956 Woodruff Ave, Idaho Falls, ID 83404-6397

    Value Estimation by Request
    1,000 sqft · 2.99 AC lot
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    6497 135th W Rd
    BOARDING/ROOMING HOUSE

    6497 135th W Rd, Idaho Falls, ID 83402

    Value Estimation by Request
    816 sqft · 235.51 AC lot
    View details

    Idaho Falls, ID Multifamily Properties Market Trends and Statistics

    Explore 69 multifamily properties for sale in Idaho Falls, ID, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 108,370 square feet of properties for sale, with an estimated market value of $19,385,900.

    Sale prices for multifamily properties in Idaho Falls, ID start at $199,900, averaging $881,177, 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

    Quadplexes 9
    Apartment buildings 8
    Duplexes 5
    Short term rental properties 2
    Triplexes 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
    83403 $265K
    83404 $573.5K
    83402 $1.2M
    83401 $1.3M

    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

    • 83401
    • 83402
    • 83404
    • 83403

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