About This Home

This 12-bedroom, 12-bathroom residential multi family at 280 1st Street in Idaho Falls, ID is listed for $1,200,000 ($137 per sqft). Built in 1920, the home offers 8,752 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1920
  • 0.22 acre lot

Property Details

12 full
1920
Listing Description

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.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

280 1st Street

Idaho Falls, ID 83401

Crows Addition-Bon

Property Details

Construction

Frame Vinyl Siding

Heating

BaseboardElectric (Heating)

Questions & Answers

This 12-bedroom, 12-bathroom residential multi family at 280 1st Street is listed at $1,200,000 ($137/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.22 acre lot.

This property is listed by Eli Dahlin.

ED

Eli Dahlin

Agent at Silvercreek Realty Group

Listed by Silvercreek Realty Group · Broker phone: (208) 377-0422 · View on Broker Site · Broker website

MLS# 2189005· Source: Snake River Regional MLS· 5 days 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.

280 1st Street, Idaho Falls, ID 83401

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