$4,250,000

Multi Family In Idaho Falls

  • 27 Beds
  • 27 Baths
  • 22,578 Sqft
  • 17,859 Sqft lot
  • Updated: June 15
  • 2
    Views for last 30 days
  • Source:
    Snake River Regional MLS  MLS#2185323

About the Property

The Wellington is a fully renovated 27-unit apartment building in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9’ ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enj
The Wellington is a fully renovated 27-unit apartment building in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9’ ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Great opportunity for investors seeking a solid 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B - Buyer to verify all info.
  • Property type

    Other

  • Year built

    1948

  • Price/sqft

    $188

Features

  • Library
  • Renovated
  • Parking
  • High Ceiling
  • Laundry Room
  • Bar

Explore the Area

350 E Street, Idaho Falls, Idaho, United States View on Google Maps
Price per sqft
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Armstrong Flinders and Associates - Pleasant Grove

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Armstrong Flinders and Associates - Pleasant Grove
Utah, United States
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2
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2026
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Armstrong Flinders and Associates - Pleasant Grove
Pleasant Grove, Utah, United States
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Last updated
June 15
First listed
Apr 29
Listing reference
2185323
Listing status
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