Twin Falls, ID 83301 413 & 415 3rd Ave N
$720,000
Presented By: Berkshire Hathaway HomeServices Idaho Homes & Properties
Beds • 5
Baths • 1
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 $61,200 Key Features: Updated Systems: Newer gas furnace and central AC in the front home, reducing maintenance costs and ensuring tenant satisfaction. Desirable Location: Centrally located near downtown attractions, dining, and activities, with easy access to other key destinations across Twin Falls. Tenant Appeal: Mature trees, attractive landscaping, and a welcoming environment make this property highly rentable. Whether you're looking to diversify your portfolio or secure a high-demand rental asset, this property is poised to deliver strong ROI. Don’t miss your chance to capitalize on this exceptional opportunity!
Presented By: Berkshire Hathaway HomeServices Idaho Homes & Properties
Interior Features for 413 & 415 3rd Ave N
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths4
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (No Units)
General for 413 & 415 3rd Ave N
AppliancesDisposal (No Units), Stove/Range (All Units), Washer/Dryer (No Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate7.6
Carport Y/NNo
CityTwin Falls
CoolingCentral Air, Some Units
CountyTwin Falls
Current Use5+ Units
DirectionsAddison to Derkies St N, south to 3rd, east to house.
Electric1500, Unit 1 Separate Meter
Elementary SchoolLincoln
Elementary School DistrictTwin Falls School District #411
Garage Y/NNo
Gas Y/NUnit 1 Separate Meter
HOANo
HOA Fee$
HeatingForced Air, Natural Gas
High SchoolCanyon Ridge
High School DistrictTwin Falls School District #411
Home Warranty Y/NNo
Land Lease Y/NNo
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
New ConstructionNo
Number Of Units Total0
Operating Expense3600
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
StatusActive
Subdivision Name0 Not Applic.
Tax Annual Amount2656.04
Tax Year2023
Total Actual Rent5100
UtilitiesSewer Connected
Waterfront Y/NNo
Year Built1937
Zoning DescriptionR-6 Residential Multi-Hou
Exterior for 413 & 415 3rd Ave N
Building Area Total3135
Foundation DetailsCrawl Space
Lot Features10000SF - .49, Sidewalks
Lot Size Acres0.21
Lot Size Area0.21
Open Parking Y/NNo
SpaNo
Total Parking5
Water SourceCity Service
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