Newly remodeled in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 7.23% cap rate you'll want to seize this unique opportunity to acquire a 14-unit portfolio across four well-located multifamily properties! This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside—all in one solid package. All units are just minutes from the college campus – strong demand from students and young professionals. Each property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. The owner also has 442 Locust St 8plex available in Twin Falls.
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Listing Snapshot
Price
$2,780,000
Days On Site
10 Days
Bedrooms
16
Inside Area (SqFt)
12,336 sqft
Total Baths
14
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.39 Acres
Year Built
1978
MLS® Number
98942414
Status
Active
Property Tax
$17,228
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 days ago
Listing updated with changes from the MLS®
a week ago
Listing first seen on site
General Features
Acres
0.39
Garage
Yes
Parking
CarportDetached
Parking Spaces
22
Property Sub Type
Apartment
SqFt Total
12336
Utilities
Sewer ConnectedCable Connected
Water Source
Public
Interior Features
Appliances
RefrigeratorCooktopRange
Basement
Crawl Space
Cooling
Central AirWall/Window Unit(s)
Fireplace
Yes
Heating
BaseboardElectricForced AirFireplace(s)
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Exterior Features
Construction Details
FrameStuccoStoneHardiPlank TypeVinyl Siding
Roof
Composition
Community Features
Financing Terms Available
CashConventional1031 Exchange
HOA Fee Frequency
Annually
MLS Area
Twin Falls - 2015
School District
Twin Falls School District #411
Schools
School District
Twin Falls School District #411
Elementary School
Perrine
Middle School
Robert Stuart
High School
Canyon Ridge
Listing courtesy of Keller Williams Sun Valley Southern Idaho
Listing information is provided by Participants of the Intermountain Multiple Listing Service. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025, Intermountain Multiple Listing Service.
Last checked: 2025-04-21 12:16 AM UTC
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