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Listed with Keller Williams Sun Valley Southern Idaho
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Newly remodeled in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 7.51% cap rate you'll want to seize this unique opportunity to acquire a 12-unit portfolio across four well-located multifamily properties! This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside"”all in one solid package. All units are just minutes from the college campus - strong demand from students and young professionals. Each property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. The owner also has an 8plex available, 442 Locust St in Twin Falls.
DAYS ON MARKET | 60 | LAST UPDATED | 5/19/2025 |
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TRACT | 0 Not Applic. | YEAR BUILT | 1978 |
COMMUNITY | Twin Falls - 2015 | COUNTY | Twin Falls |
STATUS | Active | PROPERTY TYPE(S) | Residential Income |
Elementary School | Perrine |
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Jr. High School | Robert Stuart |
High School | Canyon Ridge |
PRICE HISTORY | |
Prior to May 5, '25 | $2,780,000 |
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May 5, '25 - May 19, '25 | $2,355,000 |
May 19, '25 - Today | $2,319,950 |
ADDITIONAL DETAILS | |
AIR | Central Air, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, Range, Refrigerator |
AREA | Twin Falls - 2015 |
BASEMENT | Crawl Space |
CONSTRUCTION | Frame, HardiPlank Type, Stone, Stucco, Vinyl Siding |
FIREPLACE | Yes |
GARAGE | Yes |
HEAT | Baseboard, Electric, Fireplace(s), Forced Air |
HOA DUES | Annually |
LOT | 0.94 acre(s) |
LOT DIMENSIONS | 0x0 |
PARKING | Carport, Detached |
SUBDIVISION | 0 Not Applic. |
TAXES | 13817 |
UTILITIES | Sewer Connected, Cable Connected |
WATER | Public |
SATELLITE VIEW |
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