805 K Street, IDAHO FALLS, ID 83402 (MLS # 2188034)
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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.
| DAYS ON MARKET | 0 | LAST UPDATED | 7/25/2026 |
|---|---|---|---|
| TRACT | EDGEWATER HEIGHTS-BON | YEAR BUILT | 1963 |
| COUNTY | Bonneville | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | BUSH 91EL |
|---|---|
| Jr. High School | TAYLOR VIEW 91JH |
| High School | SKYLINE 91HS |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Frame, Metal Siding |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 7275 sq ft |
| PARKING | Concrete, Detached |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | EDGEWATER HEIGHTS-BON |
| TAXES | 3828 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | IDAHO FALLS-TN-TRADITIONAL NBH |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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