Triplex
125 Shoup Ave W
Twin Falls, ID 83301
$500,000
ActiveMLS® 98992940
8% CAP Rate, FLEXIBLE Zoning, and TRIPLEX Income!! Located in Central Twin Falls, just 4 minutes from the College of Southern Idaho, this income-producing property features three separate dwellings on one large lot with COMMERCIAL ZONING and grandfathered RESIDENTIAL use. Recent improvements include a NEWER ROOF, NEW Furnace, NEW A/C, FULL Bathroom Remodels in the main home, plus a recent REMODEL of the middle unit. The spacious main residence offers flexibility for owner occupancy, student housing, or increased rental income, while two detached homes provide additional income streams. Flexible zoning and the generous lot create opportunities for future improvements or increased density. A rare combination of CASH FLOW, major capital improvements, and long-term upside.
Interior
- Appliances Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Laundry Washer/Dryer Hookups (Some Units)
- Flooring Laminate
- A/C Central Air, Wall/Window Unit(s)
- Heating Baseboard, Electric, Forced Air, Natural Gas, Fireplace(s)
- Fireplace Fireplace
Exterior and Construction
- Construction materials Frame, Vinyl Siding
- Roofing Composition
- Construction Frame, Vinyl Siding, Slab
Utilities
- Utilities Sewer Connected, Cable Connected
- Water City Service
Land and Lot
- Lot size 0.23 acres (10,018 sq ft)
- Fencing Partial, Wire, Wood
- Current Use 2-4 Units
- Lot description 10000SF - .49, Dog Run, Garden, R.V. Parking, Sidewalks
Location and Zoning
- Zoning description C-1 w/Residential Current
- County Twin Falls
- Subdivision 0 Not Applic.
Schools
- High School Canyon Ridge
- School District Twin Falls School District #411
- Elementary School Perrine
- Junior High School Robert Stuart
Tax and Legal
- Annual tax $2,836.84
- Tax year 2024
- Parcel number RPT5381000004B
- Legal description Twin Falls Traceys Subd Lot 4, Exc E Hwy & Exc N.021A (8-10-17 Se)
Parking and Garage
- Parking spaces 5
- Garage RV Access/Parking, Finished Driveway
Listing Information
- Listing Agent
- Aaron Miskin
- Listing Office
- Keller Williams Sun Valley Southern Idaho
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