Multi Family Home
1334 Elmwood Circle
Twin Falls, ID 83301
$769,500
ActiveMLS® 98997509
Fantastic investment opportunity in the heart of Twin Falls! Tucked away in a quiet cul-de-sac, this well-maintained 4-plex offers a strong rental history and is currently fully occupied. Each single-level unit features 2 bedrooms, 1 bathroom and approximately 740 sq. ft., along with a covered front patio and private back patio and yard area. Mature landscaping adds to the property's appeal, while a full basement provides convenient access to each unit's individual furnace and water heater. Owner currently pays city water, sewer, trash and yard maintenance. Current rents produce an approximate 6.7% cap rate, with projected market rents bringing the potential cap rate to over 7.2%. A solid, income-producing property with room for future upside.
Interior
- Appliances Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
- Laundry Washer/Dryer Hookups (All Units)
- Flooring Laminate
- Heating Forced Air, Natural Gas
Exterior and Construction
- Construction materials Brick, Frame, Vinyl Siding
- Roofing Composition
Utilities
- Utilities Sewer Connected, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water City Service
Land and Lot
- Fencing Partial
- Current Use 2-4 Units
- Lot description 10000SF - .49
Location and Zoning
- County Twin Falls
- Subdivision 0 Not Applic.
- Zoning TWIN FALLS ELMWOOD SUBD LOT 11; W 50' LOT 12 (10-10-17 SW), RPT168100011AA
Schools
- High School Twin Falls
- School District Twin Falls School District #411
- Elementary School Sawtooth
- Junior High School OLeary
Tax and Legal
- Annual tax $4,175.82
- Tax year 2025
- Parcel number RPT168100011AA
- Legal description TWIN FALLS ELMWOOD SUBD LOT 11; W 50' LOT 12 (10-10-17 SW)
Parking and Garage
- Parking spaces 1
- Parking Parking spaces: 1
Listing Information
- Listing Agent
- Mandi Riddle
- Listing Office
- Berkshire Hathaway HomeServices Idaho Homes & Properties
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