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1220 S Boulevard

Idaho Falls, ID 83402
  • $639,900
  • STATUS: Active
  • ON SITE: 250 Days
  • MLS #: 2178698
UPDATED: 74 min ago
$639,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,959
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

5-Unit Investment Property, Long-Term Tenants with steady income and solid fundamentals in this classic 5-unit apartment building. All units are ground-level, with simple, functional layouts that have kept long-term tenants in place. The property includes four garage spaces and additional off-street parking and income. It's been well-maintained and delivers consistent returns. This is a straightforward opportunity for investors seeking stable cash flow with room for future value-add improvements. Driveway, curb and gutter have been recently replaced. Lots of extras doors & supplies

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© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Cindy Bates Group | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-04-12T21:23:13.05.
www.homesinsoutheastidaho.com/homes/166588134
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1220 S Boulevard Idaho Falls, ID 83402

  • Price: $639,900
  • Status: Active
  • On Site: 250 Days
  • Updated: 74 min ago
  • MLS #: 2178698
0
Beds
0
Baths
0
½ Baths
0.2
Acres
3,959
SQFT
$162
$/SQFT
1920
Built
Neighborhood:
Original Townsite
County:
Bonneville
Area:
Idaho Falls
Property Description
5-Unit Investment Property, Long-Term Tenants with steady income and solid fundamentals in this classic 5-unit apartment building. All units are ground-level, with simple, functional layouts that have kept long-term tenants in place. The property includes four garage spaces and additional off-street parking and income. It's been well-maintained and delivers consistent returns. This is a straightforward opportunity for investors seeking stable cash flow with room for future value-add improvements. Driveway, curb and gutter have been recently replaced. Lots of extras doors & supplies
Exterior Features

Construction And Status BlockExisting Exterior Primary StuccoBrick Foundation Concrete Perimeter Landscaping Established LawnEstablished TreesSprinkler Auto Location Near Schools Off Street Parking 6 Overhead Doors No Parking Off StreetOn StreetGarage Roof Membrane Topography Setting Corner Lot

Interior Features

Air Conditioning None Basement Unfinished Heat Source And Type Electric Offices 5 Restrooms 5 Sq Ft Above Grade 3959 Sq Ft Below Grade 0

Property Features

Actual Annual Gross Income 46080.00 Association Fee Includes None Buildings 1 Cap Rate 4.84 Covenants No Current Use Other Distressed Property Not Applicable Exclusions tenants personal property Flood Plain U Handicap Access No Inclusions kitchen appliancescoin laundry in basement Owner Pays Other Possible Use OfficeRetailOther Prior Use See Remarks Property Type Real Estate Only Provider Other Info Idaho Falls Power Sep Utilities No Sewer Public Sewer Short Term Rental YN Unknown Tax Year 2025 Taxes 3427.00 Tenant Pays ElectricitySewerWater Terms CashConventional1031 Exchange Water Public Winter Access YN Yes Zoning General TN-Trad Neigh Zoning Specific IDAHO FALLS-TN-TRADITIONAL NBH

Snake River Regional MLS logo Listing provided courtesy of eXp Realty LLC: 2088907776.
© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Cindy Bates Group | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-04-12T21:23:13.05.
 
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The Cindy Bates Group | Keller Williams Realty East Idaho
3525 Merlin Drive
Idaho Falls ID, 83404