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280 1st Street Idaho Falls

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$1,200,000

280 1st Street, Idaho Falls ID 83401

MLS# 2189005

Listing courtesy of Eli Dahlin, Silvercreek Realty Group

12

Beds

12

Baths

8,752

Sqft

0.22

Acres

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idaho's most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract renters and new residents alike.

Property Overview

Status

Active

Property Type

Residential Income

Year Built

1920

Construction & Exterior

Construction Materials

Frame, Vinyl Siding

Roof

Membrane, Metal

Garage Spaces

0

Basement

Finished, Partial

Utilities & Systems

Heating

Electric, Baseboard, Separate Heat

Cooling

None

Water Source

Public

Sewer

Public Sewer

Financials & HOA

Taxes

$11,895.00 (2025 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: Crows Addition
County: Bonneville
Legal Description: LOTS 4-6, BLOCK 3, CROWS NE1/4, SEC 19, T 2N, R 38 UNITS 12
Parcel Number: RPA0540003004A

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© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Silvercreek Realty Group.