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Listed price in listed location currency (USD).
$2,650,000

161622

MLS® 2185284

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12300 sqft
Garage 
Taxes $13,560
Days Active 23
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $215
MLS® Number 2185284

Property Address: 488 D St, Idaho Falls, ID, 83402-3560

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

Description

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-constrained downtown core—without taking on construction risk. Call for offering packet, 3-D tour & Dropbox links!
MLS® Number2185284
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementFinished
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$2,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
488 D St, Idaho Falls, ID

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