Twin Falls, ID 83301 442 Locust St
$795,000
5 more
Presented By: Keller Williams Sun Valley Southern Idaho
Beds • 9
Baths • 1
SQFT • 4,576
Home Details
Newly remodeled in 2024 featuring a new roof & gutters with gutter guards. Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood and a projected 7.72% cap rate! 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 143, 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
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringVinyl Sheet
Heating Y/NYes
General for 442 Locust St
AppliancesStove/Range (All Units), Refrigerator (All Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate6.82
Carport Y/NNo
CityTwin Falls
Construction MaterialsFrame, Vinyl Siding
CoolingWall/Window Unit(s), All Units
CountyTwin Falls
Current Use5+ Units
DirectionsS on Locust St
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
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
Land Lease Y/NNo
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
Net Operating Income56798
New ConstructionNo
Number Of Units Total8
Operating Expense11734
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
StatusActive
Subdivision NameCalvert
Tax Annual Amount2348.54
Tax Year2024
Total Actual Rent5495
UtilitiesSewer Connected, Cable Connected
Waterfront Y/NNo
Year Built1920
Exterior for 442 Locust St
Building Area Total4576
FencingFull, Wire
Foundation DetailsCrawl Space
Lot Features10000SF - .49, R.V. Parking
Lot Size Acres0.39
Lot Size Area0.39
Open Parking Y/NNo
Parking FeaturesRV Access/Parking
SpaNo
Total Parking12
Water SourceCity Service
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