280 1st Street, Idaho Falls, ID 83401

Idaho Falls
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
280 1st Street,Idaho Falls, ID 83401
$1,150,000
Virtual Tour
  • 12 Beds
  • 12 Baths
  • 8,752 sq. ft.
  • Multi-family
  • Active
Listed by: eli dahlin
Office: silvercreek realty group
MLS#:2189005
Source:ID_SRMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$131.4

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 renters and new residents alike.

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Home facts

  • Year built:1920
  • Subdivision & Development:CROWS ADDITION-BON
  • Listing ID #:2189005
  • Added:62 day(s) ago
  • Updated:November 05, 2026 at 11:56 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Full bathrooms:12
  • Basement Description:Finished, Partial
  • Living area:8,752 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Membrane, Metal
  • Year built:1920
  • Building area:8,752 sq. ft.
  • Lot area:0.22 Acres
  • Foundation Description:Concrete Perimeter

Schools

  • High school:IDAHO FALLS 91HS
  • Middle school:TAYLOR VIEW 91JH
  • Elementary school:Dora Erickson Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$131.4
  • Tax amount:$11,895 (2025)

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