488 D Street
IDAHO FALLS, ID 83402
16
Bed
16
Bath
12,300Sqft
0.40Acre(Lot)
Chicane is a fully rebuilt 16-unit apartment building in downtown Idaho Falls. One block to the Snake River and Riverwalk Park. The seller took the property down to the shell and rebuilt it correctly—new roof, electrical, plumbing, systems, and finishes. The location is tops! Walkable, central, and surrounded by downtown energy that tenants actually want: restaurants, offices, retail, and nightlife. From an operational standpoint, Chicane is clean and straightforward. Modern systems mean lower maintenance, more predictable expenses, and fewer surprises. The 2025 numbers support a solid in-place return with upside through professional management, modest rent optimization, and continued downtown revitalization. This is a rare chance to own a rebuilt, mid-sized apartment asset in a supply-co
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Full Baths: 16Room Information
Has Basement: Yes Basement: Finished -
Roofing Information
Rubber -
Interior Features
Roof: Rubber Laundry Features: Common Area
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Building Information
Year Built: 1915 Building Area Total: 12300 Construction Materials: Brick Frontage Length: 125 Private Pool: No
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Lot Information
Lot Size Acres: 0.4 Lot Size Square Feet: 17424Property Information
Subdivision: RAILROAD ADDITION-BON Source Property Type: Residential Income Zoning Description: IDAHO FALLS-CC-CENTRAL COMMER Property SubType: Multi Family Property Age: 111
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Listing Price Information
Listing Price: $2650000 Original Price: $2800000
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Tax Information
Parcel Number: RPA1980011007A Tax Year: 2025 Annual Tax: $13560
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Parking Information
Parking Total: 22 Asphalt, 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 |
| 326 N Ridge Avenue, Idaho Falls, ID, 83402 | $349,000 | 3 | 3 | 2,455 | 2,455 SqFt |
| 350 E E Street, Idaho Falls, ID, 83402 | $4,250,000 | 27 | 27 | 22,578 | 22,578 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/14/2026 @ 03:27
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