1220 Boulevard, Idaho Falls, ID 83402
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
1220 Boulevard,Idaho Falls, ID 83402
$685,000
- 8 Beds
- 6 Baths
- 3,959 sq. ft.
- Multi-family
- Active
Listed by:murdock manwaring cardon
Office:exp realty llc.
MLS#:2178696
Source:ID_SRMLS
Price summary
- Price:$685,000
- Price per sq. ft.:$173.02
About this home
5-Unit Investment Property, Long-Term Tenants, Ground-Level Units, 4.84% Cap Rate. Steady income and solid fundamentals in this classic 5-unit apartment building, built in 1920. 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. It's been well-maintained and delivers consistent returns. Currently operating at a 4.84% cap rate, 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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Home facts
- Year built:1920
- Listing ID #:2178696
- Added:51 day(s) ago
- Updated:August 24, 2025 at 02:58 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Living area:3,959 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Membrane
- Year built:1920
- Building area:3,959 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:SKYLINE 91HS
- Middle school:EAGLE ROCK 91JH
- Elementary school:HAWTHORNE 91EL
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$685,000
- Price per sq. ft.:$173.02
- Tax amount:$3,224 (2024)
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