Twin Falls, ID 83301 413 & 415 3rd Ave N
$675,000
Presented By: Berkshire Hathaway HomeServices Idaho Homes & Properties
Beds • 5
Baths • 4
SQFT • 3,135
Home Details
Step into a smart addition to your investment portfolio with this well-maintained 4-plex located in the bustling heart of Downtown Twin Falls. This income-producing property is a turnkey opportunity for savvy investors seeking consistent returns and long-term growth potential. Gross Income $61,200 Key Features: Updated Systems: Newer gas furnace and central AC in the front home, reducing maintenance costs and ensuring tenant satisfaction. Desirable Location: Centrally located near downtown attractions, dining, and activities, with easy access to other key destinations across Twin Falls. Tenant Appeal: Mature trees, attractive landscaping, and a welcoming environment make this property highly rentable. Whether you're looking to diversify your portfolio or secure a high-demand rental asset, this property is poised to deliver strong ROI. Don’t miss your chance to capitalize on this exceptional opportunity!
Presented By: Berkshire Hathaway HomeServices Idaho Homes & Properties
Interior Features for 413 & 415 3rd Ave N
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths4
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (No Units)
General for 413 & 415 3rd Ave N
Additional Parcels Y/NNo
AppliancesDisposal (No Units), Stove/Range (All Units), Washer/Dryer (No Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate7.6
Carport Y/NNo
CityTwin Falls
CoolingCentral Air, Some Units
CountyTwin Falls
Current Use5+ Units
DirectionsAddison to Derkies St N, south to 3rd, east to house.
Electric1500, Unit 1 Separate Meter
Electric Expense1500
Elementary SchoolLincoln
Elementary School DistrictTwin Falls School District #411
FreeholdIDX, BBO
Garage Y/NNo
Gas Y/NUnit 1 Separate Meter
HOANo
HOA Fee$
HeatingForced Air, Natural Gas
High SchoolCanyon Ridge
High School DistrictTwin Falls School District #411
Home Warranty Y/NNo
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Legal DescriptionTwin Falls Townsite Final & Amd All Lot 6; Nw 1/2 Lot 7 Block 68 (16-10-17)
Listing TermsCash, Conventional, 1031 Exchange, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet9147.6
Lot Size UnitsAcres
MLS AreaTwin Falls - 2015
Middle/Junior High SchoolSouth Hills
Middle/Junior School DistrictTwin Falls School District #411
ModificationTimestamp2025-05-10T17:18:41.000Z
New ConstructionNo
Number Of Units Total0
Operating Expense3600
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Showing InstructionsAppointment Only, Tenant occupied 24hr-48 notice
Standard StatusActive
StatusActive
Subdivision Name0 Not Applic.
Tax Annual Amount2656.04
Tax Year2023
Total Actual Rent5100
UtilitiesSewer Connected
Water Sewer Expense900
Year Built1937
Zoning DescriptionR-6 Residential Multi-Hou
Exterior for 413 & 415 3rd Ave N
Building Area Total3135
Foundation DetailsCrawl Space
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Features10000SF - .49, Sidewalks
Lot Size Acres0.21
Lot Size Area0.21
SpaNo
Total Parking5
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Lincoln Elementary School
High School
Canyon Ridge High School
Middle School
South Hills Middle School
Jesus Yerena Delgado
Agent
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EN