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492 G Street Idaho Falls

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$499,900

492 G Street, Idaho Falls ID 83402

MLS# 2187808

Listing courtesy of The Perfect Home Team, Keller Williams Realty East Idaho

3

Beds

3

Baths

3,061

Sqft

0.17

Acres

Not your typical home! This unique property is designed for those who value space, flexibility, and lifestyle with three flexible spaces! Enjoy a beautifully renovated historic home plus a 2020-built heated 1,250 sq. ft. flex building with a full kitchen, full bath, loft, and garage—perfect as a workshop, home business, studio, hobby space, or the ultimate clubhouse. Need extra income or private space for family? The property also includes a separate one-bedroom apartment, ideal for rental income, guests, an aging parent, or an adult child. Located 2 blocks to downtown Idaho Falls, Farmers Market and the Greenbelt, this one-of-a-kind property offers possibilities you simply won't find in a traditional home. Rental incomes could be 1400 for the home and 1550 for the apartment/shop combo that equates to 5.93 cap rate!

Property Overview

Status

Active

Property Type

Residential

Year Built

1915

Construction & Exterior

Construction Materials

Frame, Stucco

Roof

Metal

Garage Spaces

3

Basement

Partial

Utilities & Systems

Heating

Natural Gas, Forced Air

Cooling

None

Water Source

Public

Sewer

Public Sewer

Financials & HOA

Taxes

$2,130.00 (2025 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: Original Townsite
County: Bonneville
Legal Description: LOT 1, W 4' LOT 2, BLOCK 59, ORIGINAL TOWN SW1/4, SEC 18, T 2N, R 38
Parcel Number: RPA1740059001A

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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 Keller Williams Realty East Idaho.