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    Downey, ID Residential Income Properties for Sale

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    Swanlake, ID Lava Hot Springs, ID Blackfoot, ID
    Office Building with Vaulted Reception
    $350,000
    6,252 SF
    Office Building with Vaulted Reception

    17 E Center, Downey, ID 83234

    Landmark office building with multiple rooms, vaulted reception, and a full basement with storage and existing bank data infrastructure.
    • Landmark commercial building with brick and frame construction materials
    • Over 6,000 SF plus a full basement for additional office space and storage
    • Interior includes multiple office rooms and a spacious reception area with vaulted ceilings
    • Large commercial windows provide natural light; central air and forced‑air/electric heating
    • Built‑in data infrastructure from prior bank use
    Updated: Jun 10
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    Downey Commercial Investment Opportunity
    $399,000
    1,000 SF
    Downey Commercial Investment Opportunity

    20 S 1ST ST W W, Downey, ID 83234

    Nine-unit storage complex with home rental and expansion potential.
    • Investment opportunity with existing 9‑unit storage complex.
    • Potential for increased income with multiple vacant units.
    • Includes a 1‑bedroom, 1‑bathroom rental home generating $875/month income.
    • Variety of unit sizes: Units 1‑6 are 12 X 32 ft (9.5 ft tall), Units 7‑9 are 12 X 32 ft (11.5 ft tall).
    • Additional mobile storage units (7 X 20 ft, 7 ft tall) available.
    Updated: May 18
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Downey, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Triplex with Covered Front Porch
    $450,000
    3,863 SF
    Triplex with Covered Front Porch

    Well-updated triplex offers flexible living and rental income with multiple unit configurations and outdoor space.

    2233 S 2nd Avenue, Pocatello, ID 83201

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    Turnkey Duplex with Two Garages
    $505,000
    1,910 SF
    Turnkey Duplex with Two Garages

    A well-maintained 2006 duplex offering two identical 2-bedroom units, each with vaulted ceilings and a 2-car garage.

    619 E 1ST S S, Preston, ID 83263

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    Modern Fourplex in Pocatello, Idaho
    $690,000
    4,192 SF
    Modern Fourplex in Pocatello, Idaho

    New fourplex built in 2023, fully occupied, turnkey investment.

    5809 S 5th Ave., Pocatello, ID 83204

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    Top Floor Apartment in Preston
    $450,000
    700 SF
    Top Floor Apartment in Preston

    Top floor apartment with month-to-month tenant in Preston, ID.

    16 S STATE ST, Preston, ID 83263

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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.

    Downey, ID Residential Land
    $149,000
    2.00 Acres
    Downey, ID Residential Land

    Two acre residential lot with development potential in Downey.

    TBD N 4th St E, Downey, ID 83234

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    Residential Lot in Downey, ID
    $69,900
    0.14 Acres
    Residential Lot in Downey, ID

    City lot in Downey, ID, with easy access.

    TBD N Main, Downey, ID 83234

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    2 Acre Downey City Lot
    $149,000
    2.00 Acres
    2 Acre Downey City Lot

    2 acre lot in Downey, ID with development potential.

    N 4th Street, Downey, ID 83234

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    Residential Lot in Downey, Idaho
    $79,900
    0.14 Acres
    Residential Lot in Downey, Idaho

    City lot in Downey, Idaho, with easy access to amenities.

    TBD W 3rd North, Downey, ID 83234

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    Downey, ID Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Downey, ID on our real estate platform. These investment opportunities span a total of 7,252 square feet of properties for sale, with an estimated market value of $749,000.

    Sale prices for residential income properties in Downey, ID start at $350,000, averaging $374,500, and reaching up to $399,000 — 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
    Short term rental properties 1
    Single family properties 1

    Demographics Overview

    Population 1,646
    Population Growth (5Y) +14.9%
    Median Household Income $66,154
    College Educated 18.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    83234 $399K

    Taxes & Financing

    Tax Rate (average for all types) 0.73%
    Property Tax per SF $30.46 per SF
    Tax Rate vs County Average 0.39 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bannock County

    New Delisted

    Total CRE Inventory on Market (SF)

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