Residential Income

Idaho Falls, ID Residential Income Properties for Sale

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Ammon, ID Iona, ID Shelley, ID Ucon, ID Rigby, ID Basalt, ID Firth, ID Roberts, ID
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12-Unit Apartment Building
Updated: Sep 3
12-Unit Apartment Building

280 1st Street, Idaho Falls, ID 83401

$1,200,000
8,752 sqft 0.22 AC lot
12‑unit apartment property
8,752 square feet on a 0.2152‑acre site
Built in 1920 with frame construction and vinyl siding
Electric baseboard heating
Membrane and metal roofing
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Rebuilt 16-Unit Apartment Building
Updated: Jul 12
Rebuilt 16-Unit Apartment Building

488 D Street, Idaho Falls, ID 83402

$2,650,000
12,300 sqft 0.40 AC lot
16‑unit apartment building with 12,300 square feet on 0.4 acres
Rebuilt from the shell with new roof, electrical, plumbing, systems, and finishes
One block to the Snake River and Riverwalk Park
Brick construction with ductless heating and zoned cooling
Off‑street parking, storage, public water, and public sewer
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Multifamily Portfolio with Detached Garage
Multifamily Portfolio with Detached Garage

224 S Water Avenue, Idaho Falls, ID 83402

$995,000
5,900 sqft 0.36 AC lot

Three-building residential portfolio with individual units, off-street parking, public utilities, and a detached garage.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Three-Building Apartment Portfolio
Three-Building Apartment Portfolio

224 S Water Ave, Idaho Falls, ID 83402

$995,000
5,900 sqft

Income-producing multifamily property with separate buildings, off-street parking, and a detached two-stall garage.

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Updated Quadplex With Garage Parking
Updated Quadplex With Garage Parking

2114 Meppen Drive, Idaho Falls, ID 83401

$650,000
4,000 sqft 0.30 AC lot

Four residential units feature open layouts, full bathrooms, and washer/dryer hookups.

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Apartment Building with Garages
Apartment Building with Garages

781 Oxford Drive, Idaho Falls, ID 83401

$1,350,000
8,400 sqft 0.62 AC lot

Multifamily property with mixed one- and two-bedroom units, coin laundry, rentable garages, and additional storage.

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Four-Unit Quadplex with Garages
Four-Unit Quadplex with Garages

1296 Blaine Avenue, Idaho Falls, ID 83402

$550,000
3,264 sqft 0.19 AC lot

Each residence has two bedrooms and a kitchen, complemented by detached garages and off-street parking.

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12-Unit Multifamily Property
12-Unit Multifamily Property

280 1st Street, Idaho Falls, ID 83401

$1,200,000
8,752 sqft

Professionally managed residential income property with an established 12-unit configuration.

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Newly Built Duplex with Garages
Newly Built Duplex with Garages

195-197 2nd Street, Idaho Falls, ID 83401

$675,000
3,880 sqft 0.19 AC lot

Two-unit property with spacious layouts, full appliance packages, and private two-car garages for each residence.

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Renovated Apartment Building
Renovated Apartment Building

350 E Street, Idaho Falls, ID 83402

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

Twenty-seven studios and one-bedroom apartments feature secured access, assigned parking, storage, and shared laundry facilities.

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Rebuilt Downtown Apartment Building
Rebuilt Downtown Apartment Building

488 D St, Idaho Falls, ID 83402

$2,650,000
12,300 sqft

Fully reconstructed multifamily property near the Snake River, Riverwalk Park, downtown offices, restaurants, retail, and nightlife.

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Four-Unit Quadplex with Balconies
Four-Unit Quadplex with Balconies

1287-1293 Bear Avenue, Idaho Falls, ID 83402

$1,230,000
3,592 sqft 0.26 AC lot

The under-construction property combines two-story residences with central air conditioning and separate water heaters.

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Duplex with Garage
Duplex with Garage

2260 Richards Avenue, Idaho Falls, ID 83404

$450,000
2,484 sqft 0.31 AC lot

The residence offers five bedrooms, two bathrooms, updated main-floor finishes, and a statement fireplace.

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Apartment Building with Garages
Apartment Building with Garages

781 Oxford Dr, Idaho Falls, ID 83401

$1,350,000
8,400 sqft

Multifamily property with one- and two-bedroom units, coin-operated laundry, storage units, and updated building systems.

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Duplex with Finished Basement
Duplex with Finished Basement

1849 S Higbee Avenue, Idaho Falls, ID 83404

$268,000
1,152 sqft 0.15 AC lot

Finished basement includes a second kitchen and separate exterior entrance for flexible occupancy arrangements.

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Renovated 5-Bedroom Duplex
Renovated 5-Bedroom Duplex

915 Ada Avenue, Idaho Falls, ID 83402

$395,000
2,020 sqft 0.14 AC lot

Two separate residences offer flexibility for owner occupancy or rental use.

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Updated Quadplex
Updated Quadplex

2114 Meppen Dr, Idaho Falls, ID 83401

$650,000
4,000 sqft

Four residential units feature open layouts, full baths, and washer/dryer hookups.

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3-Unit Triplex
3-Unit Triplex

798 Garfield Street, Idaho Falls, ID 83401

$325,000
1,834 sqft 0.41 AC lot

All three rental units are occupied, with public water and sewer service.

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Fourplex with Detached Garages
Fourplex with Detached Garages

1296 Blaine Ave, Idaho Falls, ID 83402

$550,000
3,264 sqft

Four two-bedroom apartments are complemented by garage space, off-street parking, and a shared lawn.

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Mixed-Use Property with Gymnasium
Mixed-Use Property with Gymnasium

1052 E 129 N, Idaho Falls, ID 83401

$779,000
10,544 sqft 2.14 AC lot

Former schoolhouse with residential space, educational areas, and a versatile gymnasium featuring built-in recreational amenities.

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Multifamily Property with Flex Building
Multifamily Property with Flex Building

492 G St, Idaho Falls, ID 83402

$515,000
3,061 sqft

Renovated historic residence includes a separate apartment and heated auxiliary building with workspace and residential features.

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Triplex With Expansive Lot
Triplex With Expansive Lot

798 Garfield Street, Idaho Falls, ID 83401

$325,000
1,834 sqft 0.41 AC lot

Three rental residences have tenants in place.

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Renovated 27-Unit Apartment Building
Renovated 27-Unit Apartment Building

350 E E St, Idaho Falls, ID 83402

$4,250,000
22,578 sqft

Updated apartment property with studio and one-bedroom residences, secured entry, assigned parking, and private storage for tenants.

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Renovated Duplex with Detached Shop
Renovated Duplex with Detached Shop

805 K Street, Idaho Falls, ID 83402

$425,000
2,548 sqft 0.17 AC lot

Fully leased property includes a separate-entry basement ADU, deck, and two residential living areas.

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Idaho Falls, ID Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Idaho Falls, ID, showcased through 55 active listings on our real estate platform. These investment opportunities span a total of 250,169 square feet of properties for sale, with an estimated market value of $43,567,000.

Sale prices for residential investment properties in Idaho Falls, ID start at $250,000, averaging $792,127, 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

Multifamily properties 55
Duplexes 27
Apartment buildings 11
Quadplexes 8
Triplexes 6

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
83404 $408.3K
83406 $486.3K
83401 $695.8K
83402 $1.1M

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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