Property

Idaho Falls, ID 83402 218 S Water Avenue

$775,000

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Presented By: Assist 2 Sell The Realty Team
  • MLS# 2177122
  • 06/06/2025
  • Request Tour
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  • Beds • 7
  • Baths • 7
  • SQFT • 3,670

Home Details

OPPORTUNITY IS KNOCKING! This excellent 7 UNIT money maker is ready for a new owner! Most units are currently rented & generating just under $7,000. Vacancy rates are very minimal. Most units have updated kitchens & bathrooms! Most furnishings will be included for a smooth move in ready transition for your new tenants. Mostly used as a short term rental, but would make excellent affordable long-term housing as well! Call agent for more info! 7th Unit has 1000 sq ft!
Presented By: Assist 2 Sell The Realty Team

Interior Features for 218 S Water Avenue

Bedrooms

Total Bedrooms7

Bathrooms

Half Baths0
Total Baths7

Other Interior Features

Above Grade Finished Area3288
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NNo
BasementNone
Below Grade Finished Area381
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NNo

General for 218 S Water Avenue

AppliancesMicrowave, Refrigerator, Oven, Stove
Association AmenitiesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityIdaho Falls
Community FeaturesSidewalks
ConcessionsNo
Construction MaterialsVinyl
CoolingNone
CountyBonneville
DirectionsFrom Yellowstone head East on Maple to property on Water Ave
ElectricSeparate Power Meters, Idaho Falls Power
Electric On Property Y/NNo
Elementary SchoolHawthorne 91EL
ExclusionsPersonal Property
Full Baths7
Garage Spaces
Garage Y/NNo
HOANo
HeatingElectric
High SchoolIdaho Falls 91HS
Land Lease Y/NNo
Lease Amount FrequencyMonthly
Legal DescriptionSee Exhibit A
Living Area UnitsSquare Feet
Lot Size Square Feet5662.8
Lot Size UnitsSquare Feet
Middle/Junior High SchoolTaylor View 91JH
New ConstructionNo
Number Of Units Total7
OwnerPaysCable TV, Insurance, Electricity, Sewer, Trash Collection, Water
PossessionClose Of Escrow
Property ConditionExisting-Partly Updated, Fixer
Property SubtypeMulti Family
Property TypeResidential Income
RoofMembrane
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameOriginal Townsite
Tax Annual Amount4453
Tax Year2024
Tenant PaysNone
ViewNone
Year Built1910
Zoning DescriptionGeneral Zoning: Tn-Trad Neigh, Specific Zoning: Idaho Falls-Tn-Traditional Nbh

Exterior for 218 S Water Avenue

Building Area Total3670
Covered Spaces
Foundation DetailsRock
Horse Y/NNo
Inclusions7 Refrigerators, 7 Stoves, Sellers Furnishings, Which Include Sofas, Chairs, Tables, Beds, Tv's, Dishes And Linens
Irrigation Water Rights Y/NNo
Lot FeaturesNear Mall/Shop, Near Park, Established Lawn, Many Trees, Sprinkler-Auto, Corner Lot
Lot Size Acres0.13
Lot Size Area5662.8
Open Parking Y/NNo
OwnerPhoneAnn M Jernigan
SpaNo
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Taylor View 91Jh Middle School
High School Idaho Falls 91Hs High School
Elementary School Hawthorne 91El Elementary School

Black Oak Agency

Price $775,000
MLS#2177122
List Date 06/06/2025
Property Type Multi-Family
Phone 208.954.2162
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