KeeganWolfensberger

371 3rd Street, Idaho Falls, ID 83401

$330,000
  • 371 3rd Street, Idaho Falls, ID 83401 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET2,330 MLS#2185704
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCROWS ADDITION-BON

Property Description

Turnkey multi-family property generating $2,500 per month in rental income with both units currently occupied. This is a strong addition to any investment portfolio with cash flow and upside potential. The main floor unit features 3 bedrooms and 1 bathroom, offering a spacious layout ideal for families. The basement unit includes 1 bedroom and 1 bathroom, providing a comfortable and private living space for tenants. This property is priced to move, with value-add potential as pricing may be adjusted following upcoming renovations, making this an excellent opportunity to secure equity early. Units will be vacant on May 1, 2026, allowing for owner occupancy or the flexibility to set new rental rates. Showings will be available after May 1, 2026. Dont miss this chance to own a high-performing rental property with built-in income and future appreciation potential.

371 3rd Street | MLS# 2185704

This multi-family property located at 371 3rd Street, Idaho Falls, ID 83401 is currently listed for sale with an asking price of $330,000. Search Idaho Falls real estate on kwolfensberger.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: Mini Split
Garage: 1
Heating: Natural Gas, Forced Air
Lot Size: 0.14 Acres
Roof Type: Metal
Taxes: $3,422
Year Built: 1921

Units

Unit Type 1:
Bedrooms: 3
Bathroom(s): 1
Rent: $1500.00
Square Footage: 1257
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1
Rent: $1000.00
Square Footage: 1257

Feature Descriptions

Amenities: Common Laundry
Driveway: Concrete
Exterior: Wood Siding
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Landscaping: Established Lawn, Established Trees
Owner Pays: Gas, Electricity, Sewer, Water
Parcel #: RPA0540007041A
Sewer: Public Sewer
SQFT Above Grade: 1260
SQFT Below Grade: 1070
Tenant Pays: Cable TV, Snow Removal
Units: 2
Water: Public

Local Schools

High School: IDAHO FALLS 91HS
Middle School: EAGLE ROCK 91JH
Elementary School: EMERSON 91EL

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty East Idaho
Agency Phone: 2085298888

Shown By

Agent Name: Keegan Wolfensberger
Agent Phone: (208) 589-3809
Agency Title: Coldwell Banker Tomlinson

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Estimated Payment

$ 1,115.85 per month $734.44 Principal & Interest $285.17 Property Tax $96.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/21/2026. The listing information on this page last changed on 04/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/21/2026 4:08:24 AM EST) or INTERMOUNTAIN MLS (last updated Mon 04/20/2026 11:32:12 PM EST) or Snake River MLS (last updated Mon 04/20/2026 11:32:22 PM EST) or GPAR MLS (last updated Mon 04/20/2026 8:33:27 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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