OPPORTUNITY IS KNOCKING! This excellent 7 UNIT money maker is ready for a new owner! Most units are currently rented & generating just under $7,000. Vacancy rates are very minimal. Most units have updated kitchens & bathrooms! Most furnishings will be included for a smooth move in ready transition for your new tenants. Mostly used as a short term rental, but would make excellent affordable long-term housing as well! Call agent for more info! 7th Unit has 1000 sq ft!
For sale
$775,000
218 S Water Ave, Idaho Falls, ID 83402
--beds
0baths
3,670sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$759,700 Zestimate®
$211/sqft
$-- HOA
What's special
Updated kitchens
- 64 days
- on Zillow |
- 332 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 01:52pm
Listed by:
Tina Miller 208-709-7796,
Assist 2 Sell The Realty Team
Source: TBOR,MLS#: 25-1343

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric Baseboard
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,670
- Total interior livable area: 3,670 sqft
Property
Parking
- Parking features: None
Lot
- Size: 5,662.8 Square Feet
Details
- Parcel number: RPA1740020012B
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Other
- Roof: Other
Condition
- Year built: 1910
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Original Townsite
HOA
- Has HOA: No
Location
- Region: Idaho Falls
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $387,484
- Annual tax amount: $3,781
- Date on market: 6/6/2025
- Exclusions: Tenant's personal property
- Electric utility on property: Yes
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