Step into a smart addition to your investment portfolio with this well-maintained 4-plex located in the bustling heart of Downtown Twin Falls. This income-producing property is a turnkey opportunity for savvy investors seeking consistent returns and long-term growth potential. Gross Income $61,200 Key Features: Updated Systems: Newer gas furnace and central AC in the front home, reducing maintenance costs and ensuring tenant satisfaction. Desirable Location: Centrally located near downtown attractions, dining, and activities, with easy access to other key destinations across Twin Falls. Tenant Appeal: Mature trees, attractive landscaping, and a welcoming environment make this property highly rentable. Whether you're looking to diversify your portfolio or secure a high-demand rental asset, this property is poised to deliver strong ROI. Don’t miss your chance to capitalize on this exceptional opportunity!
Berkshire Hathaway HomeServices Idaho Homes & PropertiesBrokerage Phone: 208-733-5336Listed on: 12/27/2024
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,656
Year Built
Built in 1937
Lot Details
9,148 Sq Ft Lot
Parking
5 Parking Spaces
Home Design
Quadruplex
Composition Roof
Interior Spaces
3,135 Sq Ft Home
Crawl Space
Stove
Bedrooms and Bathrooms
5 Bedrooms
4 Bathrooms
Schools
Lincoln Elementary School
South Hills Middle School
Canyon Ridge High School
Utilities
Forced Air Heating and Cooling System
Heating System Uses Natural Gas
Separate Meters
Community Details
Operating Expense $3,600
Listing and Financial Details
Assessor Parcel Number RPT0001068006AA
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,656
Year Built
Built in 1937
Lot Details
0
Listing Details
Year Built: 1937
Property Sub Type: Quadruplex
Prop. Type: Residential Income
Lot Size Acres: 0.21
CapRate: 7.6
Ownership: Fee Simple
Subdivision Name: 0 Not Applic.
ResoPropertyType: ResidentialIncome
Attribution Contact: 208-733-5336
Special Features: None
Interior Features
Heating: Forced Air, Natural Gas
Appliances: Disposal (No Units), Stove/Range (All Units), Washer/Dryer (No Units)
Total Bedrooms: 5
Living Area: 3135
Exterior Features
Roof: Composition
Foundation Details: Crawl Space
Garage/Parking
Total Parking Spaces: 5
Utilities
Cooling: Central Air, Some Units
Electric: 1500, Unit 1 Separate Meter
Water Source: City Service
Gas: Unit 1 Separate Meter
Laundry Features: Washer/Dryer Hookups (No Units)
Cooling Y N: Yes
Heating Yn: Yes
Utilities: Sewer Connected
Schools
Elementary School: Lincoln
Junior High Dist: Twin Falls School District #411
High School: Canyon Ridge
Middle Or Junior School: South Hills
Lot Info
Lot Features: 10000SF - .49, Sidewalks
Parcel Number: RPT0001068006AA
Current Use: 5+ Units
Lot Size Sq Ft: 9147.6
Zoning Description: R-6 Residential Multi-Hou
ResoLotSizeUnits: Acres
Tax Info
Tax Year: 2023
Tax Annual Amount: 2656.04
Multi Family
Annual Operating Expense: 3600
Total Actual Rent: 5100
Above Grade Finished Area Units: Square Feet
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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This home is located at 413 & 415 3rd Ave N, Twin Falls, ID 83301 and is currently priced at $675,000, approximately $215 per square foot. This property was built in 1937. 413 & 415 3rd Ave N is a home located in Twin Falls County with nearby schools including Lincoln Elementary School, South Hills Middle School, and Canyon Ridge High School.
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