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.
New
$769,500
1334 Elmwood Cir, Twin Falls, ID 83301
8beds
4baths
3,960sqft
:
Get pre-qualified$4,788/mo
Quadruplex, Multi Family
Built in 1963
-- sqft lot
$727,900 Zestimate®
$194/sqft
$-- HOA
What's special
- 18 hours |
- 62 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Mandi Riddle Main:208-733-5336,
Berkshire Hathaway HomeServices Idaho Homes & Properties
Source: IMLS,MLS#: 98997509
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
- Laundry: In Unit
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 3,960
- Total interior livable area: 3,960 sqft
Property
Parking
- Total spaces: 1
Features
- Fencing: Partial
Lot
- Features: 10000SF - .49
Details
- Parcel number: RPT168100011AA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Frame, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Twin Falls
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $388,958
- Annual tax amount: $4,175
- Date on market: 8/14/2026
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 5095
Estimated market value
Zestimate®
$727,900
Estimated sales range
$692,000 - $764,000
Rent Zestimate®
$1,306/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,176 0% | $388,958 |
| 2024 | $4,177 -6.4% | $388,958 -7.8% |
| 2023 | $4,460 -10.8% | $421,819 -3.4% |
| 2022 | $4,998 +0% | $436,473 +31.5% |
| 2021 | $4,995 +27.8% | $331,799 +26.2% |
| 2020 | $3,908 -4.9% | $262,817 +4.1% |
| 2019 | $4,108 +13.8% | $252,555 +16.1% |
| 2018 | $3,609 | $217,472 +13% |
| 2017 | $3,609 +6.8% | $192,532 +14.2% |
| 2016 | $3,380 | $168,625 |
| 2015 | $3,380 | $168,625 +8.9% |
| 2012 | $3,380 | $154,807 -14.5% |
| 2011 | -- | $181,147 -1.1% |
| 2010 | -- | $183,116 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83301
Nearby schools
GreatSchools rating
- 6/10Sawtooth Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Vera C O'Leary Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Twin Falls Senior High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Sawtooth
- Middle: OLeary
- High: Twin Falls
- District: Twin Falls School District #411
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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