Multi Family Home
Victor, ID 83455
$725,000
PendingMLS® 26-826
Strategic Investment & Downtown Lifestyle: Dual-Unit Gem with NX Zoning. A rare opportunity to own a versatile income-producing property in the heart of downtown Victor. Situated on a roomy 0.34-acre corner lot just one block off Main Street, this split-level home/duplex offers immediate cash flow with significant future redevelopment potential thanks to its favorable NX (Neighborhood Mixed Use) zoning. The Property; Two Units. Each unit is 1,120 square feet, with 2 Bedrooms and 1 Full Bathroom, complemented by a 2-car garage. Upper Level Unit: Features direct access to an upper-level deck that spans the entire north side of the building. Lower unit has large egress windows, floor plan with ample space. Unlock the full potential of this property! Primed for a variety of high-density uses under the versatile NX (Neighborhood Mixed Use) zoning. The Power of NX Zoning: The Neighborhood Mixed Use designation is Victor's most flexible zoning. It allows for a transition from residential to small-scale commercial, making it ideal for: Multi-family townhomes or high-density residential infill. Live/Work units with ground-floor retail or professional offices. Pedestrian-oriented development that capitalizes on its "90+ Walk Score" location. Location: The center of the Teton Lifestyle Investors and future residents alike will value the unbeatable proximity to everything that makes Victor a premier destination: Walkability: One block from the breweries, shops, and restaurants of Main Street. Recreation: Central access to Grand Targhee and Jackson Hole Mountain Resort. Connectivity: A preferred location for commuters, sitting just 25 minutes from Jackson, Wyoming via Teton Pass. Market Positioning: As Teton Valley continues to absorb the workforce and lifestyle demand from Jackson Hole, walkable downtown lots like this are seeing the highest rate of appreciation. You are buying today's duplex to build tomorrow's landmark downtown project. Whether you choose to renovate the existing structure to capture market rents or leverage the corner lot for a new mixed-use project, this property represents a foundational investment in the future of Victor. The Strategic Advantage: Buy, Hold, and Develop This is more than a duplex--it is a secure entry point into Idaho's fastest-growing market and immediate holding income.
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