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12 Beds
12 Baths
8,752 sqft

$1,200,000

280 1st Street, Idaho Falls ID, 83401

Price per sqft$137.11
Built in1920
Property size8,752 sqft
Property typeMulti-family

Overview

Active

Listed Sep 3, 2026

Updated Sep 3

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idaho's most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract renters and new residents alike.

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2189005

Interior Features

Bedrooms
12
Bathrooms
12
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$11,895
Tax Frequency
Annually
MLS provider logo

Courtesy of Silvercreek Realty Group, Eli Dahlin,
Listing Contact: 208-523-6111 

Based on information from Snake River Regional Multiple Listing Service as of 9/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 9/3/2026 at 11:50 PM UTC

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