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Idaho Falls, ID 83402 1220 S Boulevard

$685,000

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Presented By: eXp Realty LLC
  • MLS# 2178696
  • 08/04/2025
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  • Beds • 8
  • Full/Half Baths • 5 / 1
  • SQFT • 3,959
  • Garage • 3

Home Details

5-Unit Investment Property, Long-Term Tenants, Ground-Level Units, 4.84% Cap Rate. Steady income and solid fundamentals in this classic 5-unit apartment building, built in 1920. All units are ground-level, with simple, functional layouts that have kept long-term tenants in place. The property includes four garage spaces and additional off-street parking. It's been well-maintained and delivers consistent returns. Currently operating at a 4.84% cap rate, this is a straightforward opportunity for investors seeking stable cash flow with room for future value-add improvements. Driveway, curb and gutter have been recently replaced. Lots of extras doors & supplies
Presented By: eXp Realty LLC

Additional Details

Price History

Jesus Yerena Delgado

Agent
Price $685,000
MLS#2178696
List Date 08/04/2025
Property Type Multi-Family
Phone 801.915.1385
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