Lease
405 N 2nd E
Mountain Home, ID 83647
$650,000
ActiveMLS® 98973083
Motivated Seller makes $50,000 price reduction! Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. New boiler in December 2025. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed. Listing Agent is part-owner in property. Located across the street from the newly renovated Towne Center Apartments (formerly motel), a block from Albertson's, just east of the Railroad Park, the home of the Mountain Home Farmer's Market. Minutes from I-84 and Mountain Home Airforce Base.
Interior
- Appliances Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Laundry Washer/Dryer Hookups (No Units)
- Flooring Vinyl
- A/C Wall/Window Unit(s), Some Units
- Heating Natural Gas, Other
Exterior and Construction
- Construction materials Frame, Wood Siding
- Roofing Composition
Utilities
- Utilities Sewer Connected
- Water City Service
Land and Lot
- Lot size 0.22 acres (9,583 sq ft)
- Current Use 5+ Units
- Lot description Standard Lot 6000-9999 SF, Sidewalks
Location and Zoning
- Zoning description C2
- County Elmore
- Subdivision Mtn Home Twnst
Schools
- High School Mountain Home
- School District Mountain Home School District #193
- Elementary School Mtn Home
- Junior High School Mtn Home
Tax and Legal
- Annual tax $1,710.06
- Tax year 2025
- Parcel number RPA009000A022A
- Legal description See exhibit A - long legal in docs
Parking and Garage
- Parking spaces 6
- Parking Parking spaces: 6
Listing Information
- Listing Agent
- Gregory Davis
- Listing Office
- KW Commercial
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