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269-271 S Water Avenue

IDAHO FALLS, ID 83402
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Bed 4

Bed

Bath 2

Bath

SqFt1,536

Sqft

Acres0.09

Acre(Lot)

THIS PROPERTY IS CURRENTLY UNDER CONTRACT; THE SELLER IS SEEKING ADDITIONAL OFFERS. Investment opportunity near downtown Idaho Falls! This side-by-side duplex offers a total of 4 bedrooms and 2 bathrooms, with each unit featuring 2 bedrooms and 1 bathroom. Both units offer a functional two-story layout with a comfortable living room and eat-in kitchen on the main level, while two bedrooms and a full bathroom are located upstairs. Each unit also has its own laundry hookups for added convenience. One unit features brand-new carpet and fresh interior paint, while the other is currently occupied by a long-term tenant, providing established rental income from day one. Whether you're looking to expand your rental portfolio or take advantage of an owner-occupied investment opportunity, this prope rty offers plenty of possibilities. Live in one side while renting out the other to help offset your monthly expenses, or utilize both units as income-producing rentals. Additional features include a durable metal roof, metal siding, a storage shed, and on-street parking. Conveniently located near downtown Idaho Falls with easy access to shopping, dining, and everyday amenities. A great opportunity to own a versatile multi-family property in a central Idaho Falls location!

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Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 91319273

MLS Id : 2189317

Beds : 4

Lot Size : 0.09 Acre

Living Area Size : 1,536 Sq. Ft

Tax Amount : $2,436

Year Built : 1920

County : Bonneville

Subdivision: Lincoln Jones

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Crawl Space, Partial, Unfinished
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Refrigerator, Dishwasher
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric

  • Building Information

    Year Built: 1920 Building Area Total: 1536 Construction Materials: Metal Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 0.09 Lot Size Square Feet: 4000

    Property Information

    Subdivision: ORIGINAL TOWNSITE Source Property Type: Residential Income Zoning Description: IDAHO FALLS-R2-MIXED RES Property SubType: Duplex Property Age: 106

  • Listing Price Information

    Listing Price: $250000

  • Tax Information

    Parcel Number: RPA1740038005c Tax Year: 2025 Annual Tax: $2436

  • School Information

    Elementary School: HAWTHORNE 91EL
    Junior High School: EAGLE ROCK 91JH
    Senior High School: SKYLINE 91HS
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
915 Ada Avenue, Idaho Falls, ID, 83402 $399,000 5 3 2,020 0.14 Acre
1287-1293 Bear Avenue, Idaho Falls, ID, 83402 $1,230,000 18 12 3,592 0.26 Acre
437 W Crowley Street, Idaho Falls, ID, 83402 $329,000 4 3 1,928 0.14 Acre
1296 Blaine Avenue, Idaho Falls, ID, 83402 $550,000 8 4 3,264 0.19 Acre
1221 Sage Avenue, Idaho Falls, ID, 83402 $395,000 5 3 3,424 0.16 Acre
350 E E Street, Idaho Falls, ID, 83402 $4,250,000 27 27 22,578 0.41 Acre
805 K Street, Idaho Falls, ID, 83402 $425,000 5 3 2,548 0.17 Acre
492 G Street, Idaho Falls, ID, 83402 $515,000 3 3 3,061 0.17 Acre
488 D Street, Idaho Falls, ID, 83402 $2,650,000 16 16 12,300 0.40 Acre
224 S Water Avenue, Idaho Falls, ID, 83402 $1,050,000 12 10 5,900 0.36 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Snake River Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Consult with your real estate professional to verify the provided information. NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Snake River Regional MLS and this broker will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Information deemed reliable but not guaranteed. Copyright © 2026 Snake River Regional MLS. All Rights Reserved.

ByOwner last updated this listing 10/01/2026 @ 23:10

MLS: 2189317 LISTED BY: Amanda McFarland, Coldwell Banker Tomlinson 208-243-7334 SOURCE: Snake River Regional MLS

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