805 K Street
Multi-Family $ 425,000

805 K Street

Idaho Falls, ID 83402

  • 5 Beds
  • 3 Baths
    Full Baths: 3
  • 2,548 SqFt
  • 7,274 Lot Size
  • 1963 Year Built
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.
Listed by Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 548 sqft

    Price per Sqft $166

    Subdivision Edgewater Heights-Bon

    MLS Listing ID 2188033

    Bedrooms 5

    Full Baths 3

    Year Built 1963

    Annual Tax Amount $3,828

    Tax Year 2025

    Lot Size 7,274 Sqft

    Acres 0.167

    Property Sub-Type Duplex

  • Location

    State ID

    County Bonneville

    Area 2548

    Zoning General Zoning: Tn-Trad Neigh,Specific Zoning: Idaho Falls-Tn-Traditional Nbh

  • Rooms

    Basement Exterior Entry, Finished, Full

  • Building

    Lot Description Interstate Exit/Access, Low Traffic, Near Green Belt, Near Park, Established Lawn, Many Trees, Level

    Foundation Concrete Perimeter

    Sewer Public Sewer

    Water Public

  • Interior

    Interior Features Ceiling Fan(s), Newly Renovated

    Heating Natural Gas, Forced Air, Common Heat, Central H/A, Fireplace(s), Fireplace

    Cooling Central Air

    Inclusions Upstairs Unit: Refrigerator, Dishwasher, Microwave, Oven/Range. Downstairs Unit: Refrigerator, Oven/Range, Dishwasher.

    Fireplace Yes

    Appliance Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Stove

    Laundry Laundry Hookups

  • Exterior

    View Y/N No

    Roof Type 3 Tab

    Porch Deck

    Garage No

    Private Pool No

  • Schools

    Elementary Schools Bush 91El

    Middle Schools Taylor View 91Jh

    High Schools Skyline 91Hs

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional, 1031 Exchange

    Listing Terms Cash, Conventional, 1031 Exchange

    Special Listing Condition Standard

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CONTACT

Josh Mitchell
Josh Mitchell

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