371 3rd Street, IDAHO FALLS, ID 83401 (MLS # 2185704)
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Turnkey multi-family property generating $2,500 per month in rental income with both units currently occupied. This is a strong addition to any investment portfolio with cash flow and upside potential. The main floor unit features 3 bedrooms and 1 bathroom, offering a spacious layout ideal for families. The basement unit includes 1 bedroom and 1 bathroom, providing a comfortable and private living space for tenants. This property is priced to move, with value-add potential as pricing may be adjusted following upcoming renovations, making this an excellent opportunity to secure equity early. Units will be vacant on May 1, 2026, allowing for owner occupancy or the flexibility to set new rental rates. Showings will be available after May 1, 2026. Don't miss this chance to own a high-performing rental property with built-in income and future appreciation potential.
| DAYS ON MARKET | 5 | LAST UPDATED | 4/20/2026 |
|---|---|---|---|
| TRACT | CROWS ADDITION-BON | YEAR BUILT | 1921 |
| GARAGE SPACES | 1.0 | COUNTY | Bonneville |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | EMERSON 91EL |
|---|---|
| Jr. High School | EAGLE ROCK 91JH |
| High School | IDAHO FALLS 91HS |
| ADDITIONAL DETAILS | |
| BASEMENT | Finished, Full, Yes |
|---|---|
| CONSTRUCTION | Frame, Wood Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 6098 sq ft |
| PARKING | Concrete |
| SEWER | Public Sewer |
| SUBDIVISION | CROWS ADDITION-BON |
| TAXES | 3422.1 |
| WATER | Public |
| ZONING | NOT VERIFIED |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams Realty East Idaho
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