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$400,000
1 Day On Site

501 E Grove Ave
Parma, ID 83660

For Sale|Single Family Residence|Active
3
Beds
3
Total Baths
1,160
SqFt
$345
/SqFt
1935
Built
Subdivision:
Parma Original
County:
Canyon
Call Now: 208-308-9500
Is this the listing for you? We can help make it yours.
208-308-9500
501 E Grove Ave501 E Grove Ave501 E Grove Ave501 E Grove Ave
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Monthly Payment (Est.)

$1,825
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Unlock Unrivaled Potential in Parma! This unique property presents a great opportunity for an investor or an owner-occupant ready to build equity and generate income. The main residence spans 1832 sq ft, featuring an unfinished basement (approximately 670 sq ft) that offers a solid foundation for your creative vision and future expansion. While updated about 10 years ago, there's ample room to customize and truly make it your own. Adding significant value is the separate, income-generating 800 sq ft ADU (Accessory Dwelling Unit), currently bringing in a reliable $1200/month in rental income! With two distinct living spaces, this property offers incredible flexibility: you have the powerful option to live in one and rent the other, or maximize your investment by renting both units for substantial cash flow. Don't miss this chance to own a versatile property with significant income potential and room for appreciation in the growing community of Parma. This isn't just a house; it's an investment in your future.

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Listing Snapshot
Price 
$400,000
Days On Site 
1 Day
Bedrooms 
3
Inside Area (SqFt) 
1,160 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1935
MLS® Number 
98954345
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.16
Additional Property Use 
Single Family
Property Sub Type 
Single Family Residence
SqFt Above 
1160
SqFt Total 
2712
Utilities 
Sewer ConnectedCable Connected
Water Source 
Public
Interior Features
Appliances 
RangeOvenElectric Water HeaterDishwasherMicrowaveRefrigeratorWasherDryer
Cooling 
Central Air
Flooring 
Carpet
Heating 
Natural GasForced Air
Interior 
Granite Counters
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
FrameStucco
Fencing 
FencedFullWire
Lot Features 
Corner Lot
Roof 
Metal
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
Parma - 1292
Roads 
Paved
School District 
Parma School District #137
Schools
School District
Parma School District #137
Elementary School
Parma
Middle School
Parma Jr
High School
Parma
Listing courtesy of Silvercreek Realty Group



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: 2025-07-13 04:10 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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