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5-Unit Investment Property, Long-Term Tenants, Ground-Level Units, 4.84% Cap Rate. Steady income and solid fundamentals in this classic 5-unit apartment building, built in 1920. All units are ground-level, with simple, functional layouts that have kept long-term tenants in place. The property includes four garage spaces and additional off-street parking. It's been well-maintained and delivers consistent returns. Currently operating at a 4.84% cap rate, this is a straightforward opportunity for investors seeking stable cash flow with room for future value-add improvements. Driveway, curb and gutter have been recently replaced. Lots of extras doors & supplies
| DAYS ON MARKET | 85 | LAST UPDATED | 10/23/2025 |
|---|---|---|---|
| TRACT | ORIGINAL TOWNSITE | YEAR BUILT | 1920 |
| COUNTY | Bonneville | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Oct 23, '25 | $685,000 |
|---|---|
| Oct 23, '25 - Today | $649,900 |
| ADDITIONAL DETAILS | |
| BASEMENT | Unfinished, Yes |
|---|---|
| CONSTRUCTION | Block, Brick, Stucco |
| HEAT | Electric |
| LOT | 8503 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Off Street, On Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | ORIGINAL TOWNSITE |
| TAXES | 3224 |
| WATER | Public |
| ZONING | IDAHO FALLS-TN-TRADITIONAL NBH |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty LLC
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This IDX solution is (c) Diverse Solutions 2025.
