Jerome, ID
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    Jerome, ID Multifamily Properties for Sale

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    Wendell, ID Twin Falls, ID Filer, ID
    Versatile Income Property in Jerome
    $550,000
    4,578 SF

    Versatile Income Property in Jerome

    720 E Main Street, Jerome, ID 83338

    3,776 sq ft property ideal for rentals or event space.

    • High income potential: Zoned R2 with the possibility of rezoning, suitable for short\/long‑term rentals, Airbnb, or event space.
    • Separate heated Shop\/RV garage: Includes 1.5 baths, kitchen, living room, washer\/dryer, and loft\/bedroom, ideal for rental or guest suite.
    • Large main house: Features 6 bedrooms, 4 bathrooms, large basement, and unique living room molding.
    • Energy efficient: Equipped with a $40,000 solar system, resulting in very low utility bills.
    • Outdoor amenities: Includes covered patios, fire pit, fully fenced yard, front porch, and outdoor kitchen with hot\/cold water and gas.
    Updated: Nov 25, 2025
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    New Jerome Duplex For Sale
    $465,000
    1,684 SF

    New Jerome Duplex For Sale

    214 A/B Avenue E, Jerome, ID 83301

    New duplex in Jerome, ID with modern amenities and landscaping.

    • All appliances included, with washers/dryers, refrigerators, stoves/ranges, and disposals in all units.
    • New construction, built in 2026.
    • Low‑maintenance xeriscape landscaping.
    • 90% efficient natural gas furnace.
    • Ample parking available.
    Updated: May 14
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    Well-Kept Duplex in Jerome, ID
    $265,000
    1,446 SF

    Well-Kept Duplex in Jerome, ID

    Duplex in Jerome with long-term tenants and steady rental history.

    308 2nd Ave E, Jerome, ID 83338
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    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 Fourplex Investment Opportunity
    $1,200,000
    7,498 SF

    Renovated Fourplex Investment Opportunity

    Completely renovated fourplex with separate meters and new HVAC.

    703 Locust St., Buhl, ID 83316
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    Turnkey Duplex Investment Opportunity
    $696,828

    Turnkey Duplex Investment Opportunity

    Well-maintained duplex with two single-level 3-bedroom units and private fenced backyards.

    1077/1075 Easy Ave, Twin Falls, ID 83301
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    Spacious Duplex Near St. Lukes
    $694,900
    2,600 SF

    Spacious Duplex Near St. Lukes

    Twin Falls duplex with 6 bedrooms, 4 bathrooms, and modern amenities.

    720 Shadowleaf Ave, Twin Falls, ID 83301
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    Renovated Buhl Fourplex Investment Opportunity
    $1,200,000
    7,498 SF

    Renovated Buhl Fourplex Investment Opportunity

    Completely renovated fourplex with separate meters and new HVAC.

    703 Locust St., Buhl, ID 83316
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    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.

    Hollister, ID Building Lot
    $39,000
    0.43 Acres

    Hollister, ID Building Lot

    Residential land for sale in a quiet, country community.

    Oakley Dr., Hollister, ID 83301
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    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres

    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333
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    Residential Lot in Garden Grove
    $65,000
    1.94 Acres

    Residential Lot in Garden Grove

    1.94 acre residential corner lot in a rural setting.

    3043 GARDEN ROAD, American Falls, ID 83211
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    Residential Land in American Falls
    $70,000
    1.84 Acres

    Residential Land in American Falls

    1.84 acre residential lot in a rural setting.

    3055 GARDEN PLACE, American Falls, ID 83211
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    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.

    210 8th E Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.24 Acres
    Value Estimation by Request

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

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    218th Ave Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.94 Acres
    Value Estimation by Request

    218th Ave Ave, Jerome, ID 83338

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    300 1st W Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.51 Acres
    Value Estimation by Request

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

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    1016 Fir St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.14 Acres
    Value Estimation by Request

    1016 Fir St, Jerome, ID 83338-1733

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    1015 Fir St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.93 Acres
    Value Estimation by Request

    1015 Fir St, Jerome, ID 83338-1734

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    1017 Fir St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.25 Acres
    Value Estimation by Request

    1017 Fir St, Jerome, ID 83338-1732

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    Jerome, ID 83338
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.29 Acres
    Value Estimation by Request

    Jerome, ID 83338

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    Jerome, ID 83338
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.15 Acres
    Value Estimation by Request

    Jerome, ID 83338

    View details

    Jerome, ID Multifamily Properties Investment Opportunities Market Analysis

    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 7,708 square feet of properties for sale, with an estimated market value of $1,280,000.

    Sale prices for multifamily properties in Jerome, ID start at $265,000, averaging $426,666, and reaching up to $550,000 — 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

    Duplexes 2
    Short term rental properties 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    Jerome $407.5K
    Twin Falls $465K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $11.61 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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