350 E E Street
IDAHO FALLS, ID 83402
27
Bed
27
Bath
22,578Sqft
0.41Acre(Lot)
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 ra
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 27Bathroom Information
Full Baths: 27Room Information
Has Basement: Yes Basement: Full, Partially Finished -
Roofing Information
Rubber -
Interior Features
Roof: Rubber Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump
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Building Information
Year Built: 1948 Building Area Total: 22578 Construction Materials: Stucco Frontage Length: 127 Private Pool: No
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Lot Information
Lot Size Acres: 0.41 Lot Size Square Feet: 17859Property Information
Subdivision: RAILROAD ADDITION-BON Source Property Type: Residential Income Zoning Description: IDAHO FALLS-CC-CENTRAL COMMER Property SubType: Multi Family Property Age: 78
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Listing Price Information
Listing Price: $4250000 Original Price: $4449000
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Tax Information
Parcel Number: RPA1980007008B Tax Year: 2025 Annual Tax: $24599
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Parking Information
Parking Total: 28 Asphalt, Concrete, Off Street
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School Information
Elementary School: HAWTHORNE 91ELJunior High School: EAGLE ROCK 91JHSenior High School: IDAHO FALLS 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 | 2,020 SqFt |
| 1305 Canal Ave, Idaho Falls, ID, 83402 | $329,000 | 4 | 2 | 2,460 | 2,460 SqFt |
| 1220 S Boulevard Blvd, Idaho Falls, ID, 83402 | $639,900 | 8 | 5.5 | 3,959 | 3,959 SqFt |
| 488 D Street, Idaho Falls, ID, 83402 | $2,650,000 | 16 | 16 | 12,300 | 12,300 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 13:22
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