Twin Falls, ID 83301 442 Locust St
$775,000
13 more
Presented By: Keller Williams Sun Valley Southern Idaho
Beds • 9
Baths • 8
SQFT • 4,576
Home Details
Updates in 2024 featuring a new roof & gutters with gutter guards. Projected cap rate of 8% with room for updates & blue sky to push the cap to 10% or more!! Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood. Ideally located next to a beautiful community park and just minutes from local schools, this income-generating property is perfectly positioned to attract long-term tenants seeking convenience, comfort, and quality of life. This 8-plex is an excellent choice for investors seeking steady cash flow, low turnover, and long-term growth potential. Whether you're looking to expand your portfolio or secure a turnkey investment in a family-friendly area, this property is a must-see. Additional Multi-Family units available separately or combined at 145, 147, 149 Robbins Ave. Interior photos available upon request.
Presented By: Keller Williams Sun Valley Southern Idaho
Interior Features for 442 Locust St
Bedrooms
Total Bedrooms9
Bathrooms
Total Baths8
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringVinyl Sheet
Heating Y/NYes
General for 442 Locust St
Additional Parcels Y/NNo
AppliancesStove/Range (All Units), Refrigerator (All Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate7
Carport Y/NNo
CityTwin Falls
Construction MaterialsFrame, Vinyl Siding
CoolingWall/Window Unit(s), All Units
CountyTwin Falls
Current Use5+ Units
DirectionsS on Locust St
DisclosuresProperty Disclosure, Lead Based Paint Discl
ElectricUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
Elementary SchoolMorningside
Elementary School DistrictTwin Falls School District #411
FreeholdIDX, BBO
Garage Y/NNo
Gas Y/NUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
Gross Income65940
HOAYes
HOA Fee$
HeatingForced Air, Natural Gas, Wall Furnace
High SchoolTwin Falls
High School DistrictTwin Falls School District #411
Home Warranty Y/NNo
Insurance Expense553
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Legal DescriptionTwin Falls Calvert Subd Lot 1 (15-10-17 Sw) 7 Units
Listing TermsCash, Conventional, 1031 Exchange
Living Area UnitsSquare Feet
Lot Size Square Feet16988.4
Lot Size UnitsAcres
MLS AreaTwin Falls - 2015
Middle/Junior High SchoolOLeary
Middle/Junior School DistrictTwin Falls School District #411
ModificationTimestamp2025-07-07T04:12:22.400Z
Net Operating Income54206
New ConstructionNo
Number Of Units Total8
Operating Expense11734
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Showing InstructionsAppointment Only
Standard StatusActive
StatusActive
Subdivision NameCalvert
Tax Annual Amount2348.54
Tax Year2024
Total Actual Rent5495
Trash Expense2556
UtilitiesSewer Connected, Cable Connected
Water Sewer Expense2556
Year Built1920
Zoning DescriptionR4 Residential Med Dnsty
Exterior for 442 Locust St
Building Area Total4576
FencingFull, Wire
Foundation DetailsCrawl Space
Horse Y/NNo
InclusionsFridge X8, Oven/Range X8, Window A/C Units X8
Irrigation Water Rights Y/NNo
Lot Features10000SF - .49, R.V. Parking
Lot Size Acres0.39
Lot Size Area0.39
Parking FeaturesRV Access/Parking
SpaNo
Total Parking12
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Morningside Elementary School
High School
Twin Falls High School
Middle School
OLeary Middle School
Jesus Yerena Delgado
Agent
EN 
ES