280 1st Street
IDAHO FALLS, ID 83401
12
Bed
12
Bath
8,752Sqft
0.22Acre(Lot)
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 rent
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Full Baths: 12Room Information
Has Basement: Yes Basement: Finished, Partial -
Roofing Information
Rubber, Metal -
Interior Features
Roof: Rubber, Metal Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric
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Building Information
Year Built: 1920 Building Area Total: 8752 Construction Materials: Frame, Vinyl Siding Private Pool: No
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Lot Information
Lot Size Acres: 0.2152Property Information
Subdivision: CROWS ADDITION-BON Source Property Type: Residential Income Zoning Description: AMMON R2 RESIDENCE ZONE Property SubType: Multi Family Property Age: 106
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Listing Price Information
Listing Price: $1200000
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Tax Information
Parcel Number: RPA0540003004A Tax Year: 2025 Annual Tax: $11895
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School Information
Elementary School: Dora Erickson Elementary SchoolJunior High School: TAYLOR VIEW 91JHSenior High School: IDAHO FALLS 91HS -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2114 Meppen Drive, Idaho Falls, ID, 83401 | $669,000 | 12 | 4 | 4,000 | 0.30 Acre |
| 781 Oxford Drive, Idaho Falls, ID, 83401 | $1,350,000 | 20 | 12 | 8,400 | 0.62 Acre |
| 590-592 Holbrook Drive, Idaho Falls, ID, 83401 | $425,000 | 6 | 2 | 2,600 | 0.16 Acre |
| 675-677 Holbrook Drive, Idaho Falls, ID, 83401 | $425,000 | 7 | 2 | 2,600 | 0.18 Acre |
| 610-612 Holbrook Drive, Idaho Falls, ID, 83401 | $410,000 | 8 | 2 | 2,600 | 0.18 Acre |
| 555/557 Tendoy Drive, Idaho Falls, ID, 83401 | $350,000 | 6 | 2 | 2,812 | 0.19 Acre |
| 503 Gladstone Street, Idaho Falls, ID, 83401 | $325,000 | 4 | 4 | 2,442 | 0.11 Acre |
| 195-197 2nd Street, Idaho Falls, ID, 83401 | $675,000 | 6 | 4 | 3,880 | 0.19 Acre |
Similar Multifamily To 280 1st Street
Nearby For Sale
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ByOwner last updated this listing 09/07/2026 @ 00:25
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