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Jerome, ID

Multifamily

Jerome, ID Multifamily Properties for Sale

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Wendell, ID Twin Falls, ID Buhl, ID Filer, ID Kimberly, ID Hollister, ID Dietrich, ID Eden, ID

Residential Income Property with Heated Garage

Updated: Nov 25, 2025

Residential Income Property with Heated Garage

720 E Main Street, Jerome, ID 83338

$519,000

4,578 sqft

3,776 sq ft home on nearly half an acre with a main residence plus a heated Shop/RV garage for guest or rental use
Main home: 6 bedrooms, 4 bathrooms, large basement with storage, large laundry room with extra toilet, and gas fireplace
Indoor hot tub room plus kitchen gas heat and forced air heating/AC with window unit and central air cooling
Heated Shop/RV garage includes 1.5 baths, kitchen, living room, washer/dryer, and loft/bedroom
Zoned R2 with possibility of rezoning to C‑2 or obtaining a special use permit

Residential Income Property with Shop

Updated: Jul 17

Residential Income Property with Shop

720 E Main Street, Jerome, ID 83338

$519,000

4,578 sqft

3,776 SF home on nearly half an acre (year built 1937) with 7 bedrooms and 6 total bathrooms
R2 zoning; seller notes possibility of rezoning to C‑2 or obtaining a special use permit
Main home: 6 bedrooms, 4 bathrooms, basement storage, large laundry room with extra toilet, gas fireplace, forced air heat/AC
Indoor hot tub room plus added gas heat in the kitchen
Heated shop/RV garage includes 1.5 baths, kitchen, living room, washer/dryer, and loft/bedroom

12-Unit Residential Income Building

12-Unit Residential Income Building

2422 South Lincoln, Jerome, ID 83338

Contact for pricing

Apartment building with 12 residential units in a busy commercially zoned corridor near major retailers.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 Active listings in Jerome, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, 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.

Renovated 4-Plex Residential Income

Renovated 4-Plex Residential Income

703 Locust St., Buhl, ID 83316

$1,200,000

7,498 sqft 0.30 AC lot

Turnkey 4-plex with renovated building systems, separate utilities, and leases already in place for stable operations.

Townhouse-Style Fourplex with Daylight Basements

Townhouse-Style Fourplex with Daylight Basements

166 Crestview Drive, Twin Falls, ID 83301

$629,900

3,624 sqft

Four townhouse-style units, including daylight basements in two lower units, in Twin Falls, Idaho.

Renovated Buhl Fourplex Investment Opportunity

Renovated Buhl Fourplex Investment Opportunity

703 Locust St., Buhl, ID 83316

$1,200,000

7,498 sqft

Completely renovated fourplex with separate meters and new HVAC.

Duplex with Attached 2-Car Garages

Duplex with Attached 2-Car Garages

1077/1075 Easy Ave, Twin Falls, ID 83301

$696,828

2,654 sqft

Well-maintained duplex offering two single-level units, each with three bedrooms, private fenced yards, and an attached 2-car garage.

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 Lot in Garden Grove

Residential Lot in Garden Grove

3043 GARDEN ROAD, American Falls, ID 83211

$65,000

1.94 AC lot

1.94 acre residential corner lot in a rural setting.

Residential Land in American Falls

Residential Land in American Falls

3055 GARDEN PLACE, American Falls, ID 83211

$70,000

1.84 AC lot

1.84 acre residential lot in a rural setting.

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.

Zoned Multi-Residential Land Lot

Zoned Multi-Residential Land Lot

111 Cabarton Road, Cascade, ID 83611

$125,000

0.48 AC lot

Residentially zoned land with city services nearby and driveway installed, offering multiple dwelling and approved use options.

Off-Market Properties in Jerome, ID

Consider similar Off-Market properties in Jerome, 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.

MOBILE HOME PARK, TRAILER PARK

210 8th E Ave, Jerome, ID 83338-1865

Value Estimation by Request

1.24 AC lot

MOBILE HOME PARK, TRAILER PARK

218th Ave Ave, Jerome, ID 83338

Value Estimation by Request

2.94 AC lot

MOBILE HOME PARK, TRAILER PARK

300 1st W Ave, Jerome, ID 83338-2238

Value Estimation by Request

1.51 AC lot

MOBILE HOME PARK, TRAILER PARK

1016 Fir St, Jerome, ID 83338-1733

Value Estimation by Request

2.14 AC lot

MOBILE HOME PARK, TRAILER PARK

1015 Fir St, Jerome, ID 83338-1734

Value Estimation by Request

1.93 AC lot

MOBILE HOME PARK, TRAILER PARK

1017 Fir St, Jerome, ID 83338-1732

Value Estimation by Request

5.25 AC lot

Jerome, ID 83338

MOBILE HOME PARK, TRAILER PARK

Jerome, ID 83338

Value Estimation by Request

0.29 AC lot

Jerome, ID 83338

MOBILE HOME PARK, TRAILER PARK

Jerome, ID 83338

Value Estimation by Request

1.15 AC lot

Jerome, ID Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Jerome, ID, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,156 square feet of properties for sale, with an estimated market value of $1,038,000.

Sale prices for multifamily properties in Jerome, ID start at $519,000, averaging $519,000, and reaching up to $519,000 — 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

Demographics Overview

Population 22K

Population Growth (5Y) +4.6%

Median Household Income $70,489

College Educated 16.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
83338	$392K

Taxes & Financing

Tax Rate (average for all types) 1.12%

Property Tax per SF $11.61 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

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Apartment buildings

Most Searched ZIP Codes in Jerome, ID

83338