805 K Street, Idaho Falls, ID 83402
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805 K Street, Idaho Falls, ID 83402
805 K Street, Idaho Falls, ID 83402
805 K Street, Idaho Falls, ID 83402
805 K Street, Idaho Falls, ID 83402
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Josh Mitchell

Josh Mitchell

+1(208) 206-3869
$ 425,000
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805 K Street Idaho Falls, ID 83402

5 Beds

3 Baths

2,548 SqFt

UPDATED:

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

Property Description

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.

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

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

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

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

Listed by Real Broker LLC

NEARBY SCHOOLS & PROPERTIES

Josh Mitchell

Josh Mitchell

Broker Associate | License ID: AB44658

+1(208) 206-3869

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805 K Street