805 K Street, IDAHO FALLS, ID 83402 (MLS # 2188033)

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PRICE $425,000 BEDS 5 BATHS 3 HOME SIZE 2,548 sqft LOT SIZE 7,275 sqft Request More Info Schedule a Showing

Great Investment Opportunity! Fully leased and generating $3,700/month ($44,400 annually), this renovated property offers immediate cash flow with three income streams: the main level rents for $1,900/month (lease through March), the private basement ADU for $1,300/month (lease through March), and the detached shop for $500/month (month-to-month). Located at the end of a quiet dead-end street less than a block from the Chukars baseball stadium and minutes from the Snake River Greenbelt and Downtown Idaho Falls, this is an ideal addition to any investment portfolio. The main level features a bright living room, remodeled kitchen overlooking a spacious family room with fireplace, three bedrooms, two full baths, and access to a large deck and backyard. The separate-entry basement ADU includes a full kitchen, family room with freestanding fireplace, two bedrooms, full bath, and dedicated laundry. The detached shop provides additional income and future flexibility. Rare opportunity to own a fully occupied, income-producing property in a desirable Idaho Falls location.