350 E Street, Idaho Falls, ID 83402

Idaho Falls
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
350 E Street,Idaho Falls, ID 83402
$4,250,000
  • 27 Beds
  • 27 Baths
  • 22,578 sq. ft.
  • Multi-family
  • Active
Listed by: matthew flinders
Office: armstrong flinders and associates
MLS#:2185323
Source:ID_SRMLS

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$188.24

About this home

The Wellington is a fully renovated 27-unit apartment building in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9' ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Great opportunity for investors seeking a solid 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B - Buyer to verify all info.

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Home facts

  • Year built:1948
  • Listing ID #:2185323
  • Added:92 day(s) ago
  • Updated:July 09, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:27
  • Total bathrooms:27
  • Full bathrooms:27
  • Basement Description:Full, Partially Finished
  • Living area:22,578 sq. ft.

Heating and cooling

  • Cooling:Mini Split
  • Heating:Heat Pump, Mini Split

Structure and exterior

  • Roof:Membrane
  • Year built:1948
  • Building area:22,578 sq. ft.
  • Lot area:0.41 Acres
  • Construction Materials:Stucco
  • Foundation Description:Concrete Perimeter

Schools

  • High school:IDAHO FALLS 91HS
  • Middle school:EAGLE ROCK 91JH
  • Elementary school:HAWTHORNE 91EL

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$188.24
  • Tax amount:$24,599 (2025)

Parking

  • Parking description:Asphalt, Concrete

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