Twin Falls, ID 83301 442 Locust St
$775,000
13 more
Presented By: Keller Williams Sun Valley Southern Idaho - 208-734-1991
Beds • 9
Baths • 1
SQFT • 4,576
Home Details
Updates in 2024 featuring a new roof & gutters with gutter guards. Projected cap rate of 8% with room for updates & blue sky to push the cap to 10% or more!! Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood. Ideally located next to a beautiful community park and just minutes from local schools, this income-generating property is perfectly positioned to attract long-term tenants seeking convenience, comfort, and quality of life. This 8-plex is an excellent choice for investors seeking steady cash flow, low turnover, and long-term growth potential. Whether you're looking to expand your portfolio or secure a turnkey investment in a family-friendly area, this property is a must-see. Additional Multi-Family units available separately or combined at 145, 147, 149 Robbins Ave. Interior photos & pro forma available upon request.
Presented By: Keller Williams Sun Valley Southern Idaho - 208-734-1991
Interior Features for 442 Locust St
Bedrooms
Total Bedrooms9
Bathrooms
Total Baths8
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
FlooringVinyl Sheet
Heating Y/NYes
General for 442 Locust St
AppliancesStove/Range (All Units)
Building Area UnitsSquare Feet
Cap Rate7.36
CityTwin Falls
Construction MaterialsFrame
CoolingWall/Window Unit(s)
CountyTwin Falls
Current Use5+ Units
DirectionsUse GPS
ElectricUnit 1 Separate Meter
Elementary SchoolMorningside
Elementary School DistrictTwin Falls School District #411
FreeholdIDX
Gas Y/NUnit 1 Separate Meter
Gross Income68760
HOAYes
HOA Fee$
HeatingForced Air
High SchoolTwin Falls
High School DistrictTwin Falls School District #411
LeasableAreaUnitsSquare Feet
Legal DescriptionTwin Falls Calvert Subd Lot 1 (15-10-17 Sw) - See Exhibit A
Listing TermsCash
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
ModificationTimestamp2025-11-17T19:18:40.100Z
Net Operating Income57026
Number Of Units Total8
Operating Expense11734
OwnershipFee Simple
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
Standard StatusActive
StatusActive
Subdivision NameCalvert
Tax Annual Amount2348.54
Tax Year2024
Total Actual Rent5730
UtilitiesSewer Connected
Year Built1920
Zoning DescriptionR4 Residential Med Dnsty
Exterior for 442 Locust St
Building Area Total4576
FencingFull
Foundation DetailsCrawl Space
Lot Dimensions0x0
Lot Features10000SF - .49
Lot Size Acres0.39
Lot Size Area0.39
Parking FeaturesRV Access/Parking
Total Parking12
Water SourceCity Service
Additional Details
Price History
Schools
Elementary School
Morningside Elementary School
High School
Twin Falls High School
Jesus Yerena Delgado
Agent
ES 
EN