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    Challis, ID Residential Income Properties for Sale

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    May, ID Clayton, ID Dubois, ID
    Renovated Fourplex Investment Property
    $450,000
    1,604 SF
    Renovated Fourplex Investment Property

    520 E Main Street, Challis, ID 83226

    Newly renovated fourplex with income potential in Challis, Idaho.
    • Excellent income‑generating investment property with a history of success.
    • Newly renovated fourplex with 5 bedrooms and 5 bathrooms.
    • Configuration: Three 1‑bedroom units and one 2‑bedroom unit, each with private bath and kitchen.
    • Shared laundry room on‑site for tenant convenience.
    • Parking available for tenants.
    Updated: May 4
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Challis, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

    Riverfront Triplex Investment Opportunity
    $950,000
    2,850 SF
    Riverfront Triplex Investment Opportunity

    Three fully furnished homes near Salmon River, ideal for vacation rentals.

    315 Riverfront Dr, Salmon, ID 83467

    View details
    Riverfront Investment Opportunity in Salmon
    $950,000
    2,850 SF
    Riverfront Investment Opportunity in Salmon

    Turnkey short-term rental property with river access and expansion potential.

    315 Riverfront Drive, Salmon, ID 83467

    View details
    Ketchum Condo Complex Opportunity
    $7,250,000
    5,928 SF
    Ketchum Condo Complex Opportunity

    Condo complex with eight units in prime Ketchum location.

    420-460 N Spruce Ave lot: A-H, Ketchum, ID 83340

    View details
    Mixed-Use Building in Ketchum, ID
    $4,500,000
    13,950 SF
    Mixed-Use Building in Ketchum, ID

    Mixed-use property with retail and residential spaces in Ketchum.

    200 N Leadville Ave, Ketchum, ID 83340

    View details

    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.

    Acreage with Salmon River Views
    $175,000
    7.60 Acres
    Acreage with Salmon River Views

    7.6 acres with water rights near Challis, Idaho.

    1111 Buckskin Run, Challis, ID 83226

    View details
    Elk Bend Recreational Land
    Contact for pricing
    2.80 Acres
    Elk Bend Recreational Land

    2.8 acres near Salmon River with recreational opportunities.

    NKN Chukar Circle, Salmon, ID 83467

    View details
    Land with Mountain Views
    $400,000
    39.20 Acres
    Land with Mountain Views

    39.2 acres near Mount Borah, divisible into four lots.

    Old Chilly Rd, Mackay, ID 83251

    View details
    Salmon, ID Land Opportunity
    $250,000
    2.81 Acres
    Salmon, ID Land Opportunity

    2.8-acre lot near Salmon River with well and septic.

    Golden Leaf Lane lot: 20, Salmon, ID 83467

    View details

    Off-Market Properties in Challis, ID

    Consider similar Off-Market properties in Challis, 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.

    9 Rivers Edge Rnch
    Land
    Lot: 1.00 Acre
    Value Estimation by Request

    9 Rivers Edge Rnch, Challis, ID 83226

    View details
    2 Rivers Edge Rd
    Land
    Lot: 1.00 Acre
    Value Estimation by Request

    2 Rivers Edge Rd, Challis, ID 83226

    View details
    121 Opal Ct
    Land
    Lot: 0.27 Acres
    Value Estimation by Request

    121 Opal Ct, Challis, ID 83226

    View details
    131 Opal Ct
    Land
    Lot: 0.41 Acres
    Value Estimation by Request

    131 Opal Ct, Challis, ID 83226

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    Challis ID 83226 Tbd Vly Vw Ln
    Land
    Lot: 0.51 Acres
    Value Estimation by Request

    Challis ID 83226 Tbd Vly Vw Ln, Challis, ID 83226

    View details
    545 Bluebird Ln
    Land
    Lot: 2.30 Acres
    Value Estimation by Request

    545 Bluebird Ln, Challis, ID 83226

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    1 Edge Rnch Rd
    Land
    Lot: 1.00 Acre
    Value Estimation by Request

    1 Edge Rnch Rd, Challis, ID 83226

    View details
    811 7Th St
    Land
    Lot: 0.29 Acres
    Value Estimation by Request

    811 7Th St, Challis, ID 83226

    View details
    5 Rivers Edge Rnch
    Land
    Lot: 3.00 Acres
    Value Estimation by Request

    5 Rivers Edge Rnch, Challis, ID 83226

    View details
    1149 Corral Basin Trl
    Farms
    Lot: 25.00 Acres
    Value Estimation by Request

    1149 Corral Basin Trl, Challis, ID 83226

    View details

    Challis, ID Residential Income Properties Market Trends and Statistics

    Explore 11 residential income properties for sale in Challis, ID on our real estate platform. These investment opportunities span a total of 1,604 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for residential income properties in Challis, ID start at $450,000, averaging $450,000, and reaching up to $450,000 — 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

    Multifamily properties 1
    Quadplexes 1

    Demographics Overview

    Population 2,149
    Population Growth (5Y) +10.2%
    Median Household Income $50,980
    College Educated 7.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    83226 $450K

    Taxes & Financing

    Tax Rate (average for all types) 0.46%
    Property Tax per SF $9.75 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Custer County

    New Delisted

    Total CRE Inventory on Market (SF)

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