Multi Family Home

1403 8th Ave E

Twin Falls, ID 83301

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ActiveMLS® 98998602
$594,900
1403 8th Ave E, Twin Falls, ID 83301
5 Bds 4 Ba 3,004 Sq.Ft. Ac
Description

**INVESTMENT OPPORTUNITY IN TWIN FALLS!** This income-producing 4-plex offers an excellent opportunity for investors seeking steady rental income and future flexibility. All four units are currently occupied by long-term tenants, providing immediate income and an established rental history. Each unit features washer/dryer hookups for added tenant convenience. The three main units share the same utility meters, while the rear unit has its own power meter and pays its own electricity. Looking for additional income potential? The property was previously operated as short-term rentals, offering the possibility to explore returning to that model, or be utilized for generational living. The option to have the three main units converted to one home is also a possibility. With four occupied units, desirable amenities, and multiple rental strategies to consider, this property is a great opportunity to build or expand your investment portfolio. **Steady income today with potential for tomorrow!**

Interior
  • Appliances Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Laundry Washer/Dryer Hookups (All Units)
  • Flooring Laminate
  • A/C Wall/Window Unit(s)
  • Heating Electric, Forced Air, Natural Gas, Fireplace(s)
  • Fireplace Fireplace
Exterior and Construction
  • Construction materials Frame, Vinyl Siding
  • Roofing Composition
Utilities
  • Utilities Sewer Connected, Unit 4 Separate Meter
  • Water City Service
Land and Lot
  • Fencing Partial
  • Current Use 2-4 Units
  • Lot description 10000SF - .49, Garden, R.V. Parking
Location and Zoning
  • County Twin Falls
  • Subdivision 0 Not Applic.
  • Zoning Twin Falls Murtaugh Orchard Addn. Lot1;lotH Block 8 1/2, RPT3581085001A
Schools
  • High School Twin Falls
  • School District Twin Falls School District #411
  • Elementary School Morningside
  • Junior High School OLeary
Tax and Legal
  • Annual tax $3,636
  • Tax year 2025
  • Parcel number RPT3581085001A
  • Legal description Twin Falls Murtaugh Orchard Addn. Lot1;lotH Block 8 1/2
Parking and Garage
  • Parking spaces 5
  • Garage Two Car, Detached, RV Access/Parking, Finished Driveway
  • Garage spaces 2

Listing Information

Listing Agent
Veronica Xander
Listing Office
Berkshire Hathaway HomeServices Idaho Homes & Properties
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