Twin Falls, ID 83301 564 S Blue Lakes Blvd
$857,000
15 more
Presented By: Gateway Real Estate
Beds • 9
Baths • 5
SQFT • 4,825
Garage • 2
Home Details
Excellent investment opportunity—rare multi-unit on acreage with upside! This 4-acre triplex just steps from town offers 3 separately metered, updated units with immediate income potential. NEW carpet in 2 units 8/4/25. Main home: 4 bed, 2 bath with fresh paint, updated systems, and nearly 1000 sf insulated garage—ideal for owner-occupant or premium rental. Above the garage is a 3 bed, 2 bath unit , AC, updated kitchen, and fresh paint, deck, —perfect for long-term or Airbnb. The third unit is a 2 bed, 1 bath lava rock home with a new roof and solid rental history. Property features 3 septic systems, extra water shares, fenced pasture with pond, barn, greenhouse, outbuildings, fruit trees, berries, and RV parking. Zoned R4 in county area of impact with room to expand. Let’s invest!
Presented By: Gateway Real Estate
Interior Features for 564 S Blue Lakes Blvd
Bedrooms
Total Bedrooms9
Bathrooms
Total Baths5
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/NYes
FlooringVinyl
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (All Units)
General for 564 S Blue Lakes Blvd
Additional Parcels Y/NNo
AppliancesDisposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityTwin Falls
Construction MaterialsStone, Wood Siding
CoolingCentral Air
CountyTwin Falls
Current Use2-4 Units
DirectionsHead South on Blue Lakes and home is on the West side of the road just past 3800 n/Park Ave.
DisclosuresProperty Disclosure, Lead Based Paint Discl
ElectricUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
Elementary SchoolOregon Trail
Elementary School DistrictTwin Falls School District #411
FreeholdIDX, BBO
Garage Spaces2
Garage Y/NYes
HOANo
HOA Fee$
HeatingBaseboard, Forced Air, Natural Gas, Wood, Fireplace(s)
High SchoolTwin Falls
High School DistrictTwin Falls School District #411
Home Warranty Y/NNo
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Legal DescriptionSec 21 T 10 R 17 S1/2 N 1/2 NE NE SE, EXC NE 100' x250' & EXC E 30' HWY
Listing TermsCash, Consider All, Conventional
Living Area UnitsSquare Feet
Lot Size UnitsAcres
MLS AreaTwin Falls - 2015
Middle/Junior High SchoolSouth Hills
Middle/Junior School DistrictTwin Falls School District #411
ModificationTimestamp2025-08-18T15:38:35.900Z
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Income
RoofComposition, Metal, Wood
Senior Community Y/NNo
SewerSeptic Tank
Showing InstructionsLock box, Unit 3 is occupied and needs 24 hours notice.
Standard StatusActive
StatusActive
Subdivision Name0 Not Applic.
Tax Annual Amount3308.74
Tax Year2024
Total Actual Rent1250
UtilitiesElectricity Connected, Cable Connected
Waterfront FeaturesPond
Year Built1948
Zoning DescriptionR-4
Exterior for 564 S Blue Lakes Blvd
Building Area Total4825
Covered Spaces2
FencingFull, Fence/Livestock, Wood
Foundation DetailsCrawl Space
Horse Y/NNo
Inclusions3 Fridges, 3 Oven/Stoves, 1 Dishwasher, 2 Microwaves
Irrigation Water Rights Y/NNo
Lot Features1 - 4.99 Acres, Dog Run, Garden, Irrigation, R.V. Parking
Parking FeaturesTwo Car, Attached, RV Access/Parking
SpaNo
Total Parking8
Water SourceWell
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Oregon Trail Elementary School
High School
Twin Falls High School
Middle School
South Hills Middle School
Jesus Yerena Delgado
Agent
ES 
EN