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Twin Falls, ID 83301 442 Locust St

442 Locust St Twin Falls, ID - Image 1442 Locust St Twin Falls, ID - Image 2442 Locust St Twin Falls, ID - Image 3
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442 Locust St Twin Falls, ID - Image 4442 Locust St Twin Falls, ID - Image 5442 Locust St Twin Falls, ID - Image 6442 Locust St Twin Falls, ID - Image 7442 Locust St Twin Falls, ID - Image 8442 Locust St Twin Falls, ID - Image 9442 Locust St Twin Falls, ID - Image 10442 Locust St Twin Falls, ID - Image 11442 Locust St Twin Falls, ID - Image 12442 Locust St Twin Falls, ID - Image 13442 Locust St Twin Falls, ID - Image 14442 Locust St Twin Falls, ID - Image 15442 Locust St Twin Falls, ID - Image 16442 Locust St Twin Falls, ID - Image 17
Presented By: Keller Williams Sun Valley Southern Idaho - 208-734-1991
  • MLS# 98942412
  • 04/10/2025
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  • 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
Price $775,000
MLS#98942412
List Date 04/10/2025
Property Type Income
Phone 801.915.1385
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