About This Home

This 5-bedroom, 3-bathroom multi-family at 1221 Sage Avenue in Idaho Falls, ID is listed for $395,000 ($115 per sqft). Built in 1920, the home offers 3,424 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1920
  • 0.16 acre lot

Property Details

3 full
1920
Listing Description

Located in the heart of downtown Idaho Falls, this meticulously maintained triplex sits within pristine walking distance to the Snake River, the Idaho Falls Greenbelt, and downtown amenities. Whether you want a turnkey addition to your portfolio or the ultimate "house hack" to live nearly mortgage-free, this property delivers.

One unit is intentionally left vacant, allowing an owner-occupant to move right in at closing and let the two existing leases heavily subsidize their housing costs! The heavy lifting has been done: features include a long-lasting metal roof, fresh exterior paint, upgraded furnaces, and upgraded water heaters.

Overhead is kept incredibly low with separate electric meters and separate heating for every single unit-tenants pay their own utilities! The largest premium unit includes its own in-unit laundry, while the other two layouts maximize space. Ample street parking is paired with off-street parking on a dedicated concrete pad.

A separate main-level storage area is perfect for lawn equipment, while the basement houses the upgraded mechanicals. Offering strong rental income potential and a low-maintenance setup, this rare downtown cash-cow is an incredible opportunity. Schedule your showing today!

Monthly Cost Estimate

$2,113/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115

Estimates only. Actual payments may vary.

Location

1221 Sage Avenue

Idaho Falls, ID 83402

Riverside Subdivision-Bon

Property Details

Construction

Frame Hardboard/Composition

Parking

Off Street

Heating

Natural Gas

Appliances

Separate Water HeatersDishwasherDryerRefrigeratorOvenWasherStove

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 1221 Sage Avenue is listed at $395,000 ($115/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.16 acre lot.

This property is listed by Dustin Hawkins.

DH

Dustin Hawkins

Agent at Axen Realty

Listed by Axen Realty · Broker phone: 208-434-7122 · View on Broker Site

MLS# 2187466· Source: Snake River Regional MLS· 1 day on PropertySimple

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1221 Sage Avenue, Idaho Falls, ID 83402

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