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Homes for sale · Idaho Falls

MLS 2189005

280 1st Street

Idaho Falls, ID 83401

280 1st Street photo 11 / 48

$1,200,000

Beds
12
Baths
12
Sqft
8,752
On market
1 day
Year
1920
Lot
0.22 ac
Type
Residential Income
Archibald-Bagley Real Estate

Listed by Archibald-Bagley Real Estate · local agents, not a national lead farm

Schools

Elementary
Dora Erickson Elementary School
Middle
Taylor View 91JH
High
Idaho Falls 91HS

Assigned schools from the MLS listing. Confirm boundaries with the district before you write.

About this home

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idaho's most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract rent

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Estimated payment

$7,227/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Principal & interest
$6,227
Est. property tax
$720
Est. insurance
$280

Local estimate, not a lender quote. Idaho Falls / Rexburg tax millage varies by parcel — we’ll run exact numbers on tour.

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Showing desk for Archibald-Bagley Real Estate

Archibald-Bagley Real Estate — real estate in Eastern Idaho. Contact Kipp Archibald at (208) 745-5911. Office 527 Rigby Town Square, Rigby, ID. Website https://archibald-bagley.vercel.app/.