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Listed price in listed location currency (USD).
$399,000

750

MLS® 2186425

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3028 sqft
Garage 
Taxes $4,193
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $131
MLS® Number 2186425

Property Address: 400 N Eastern Ave, Idaho Falls, ID, 83402-3724

Average square foot calculated using Size range provided by listing agent.

Description

400 N Eastern Ave presents a unique investment opportunity with five income-producing spaces currently configured within a historic multifamily property, offering flexibility for investors seeking cash flow and future upside. The property includes a mix of studio, one- and two-bedroom style units, with one upper-level configuration with two private living spaces (bedrooms/kitchen) that share a common bathroom, creating an opportunity for buyers to evaluate the property as a 4-plex layout for certain financing scenarios while benefiting from existing rental income (buyer to verify with lender). The property has been professionally managed and features low operating expenses, established tenancy, shared laundry access, and commercial zoning that allows for a variety of permitted uses. Several units have been updated over time, while others provide value-add potential through cosmetic improvements and rent optimization. Located near downtown Idaho Falls amenities, this property offers investors the chance to improve performance through vacancy stabilization, strategic updates, and lease adjustments. Whether expanding a portfolio or seeking a multifamily asset with upside potential, this property offers flexibility that is increasingly difficult to find at this price point!
MLS® Number2186425
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementEgress Windows, Exterior Entry, Partially Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$399,000List Price
  • Commute

Commute

Starting Address
Destination Address
400 N Eastern Ave, Idaho Falls, ID

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