Multi-Family $ 395,000

1221 Sage Avenue

Idaho Falls, ID 83402

  • 5 Beds
  • 3 Baths
    Full Baths: 3
  • 3,424 SqFt
  • 6,969 Lot Size
  • 1920 Year Built
Located in the heart of downtown Idaho Falls, this meticulously maintained triplex sits within pristine walking distance to the Snake River, the Idaho Falls Greenbelt, and downtown amenities. Whether you want a turnkey addition to your portfolio or the ultimate "house hack" to live nearly mortgage-free, this property delivers. One unit is intentionally left vacant, allowing an owner-occupant to move right in at closing and let the two existing leases heavily subsidize their housing costs! The heavy lifting has been done: features include a long-lasting metal roof, fresh exterior paint, upgraded furnaces, and upgraded water heaters. Overhead is kept incredibly low with separate electric meters and separate heating for every single unit—tenants pay their own utilities! The largest premium unit includes its own in-unit laundry, while the other two layouts maximize space. Ample street parking is paired with off-street parking on a dedicated concrete pad. A separate main-level storage area is perfect for lawn equipment, while the basement houses the upgraded mechanicals. Offering strong rental income potential and a low-maintenance setup, this rare downtown cash-cow is an incredible opportunity. Schedule your showing today!
Listed by Axen Realty

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 424 sqft

    Price per Sqft $115

    Subdivision Riverside Subdivision-Bon

    MLS Listing ID 2187466

    Bedrooms 5

    Full Baths 3

    Year Built 1920

    Annual Tax Amount $2,856

    Tax Year 2025

    Lot Size 6,969 Sqft

    Acres 0.16

    Property Sub-Type Triplex

  • Location

    State ID

    County Bonneville

    Area 3424

    Zoning General Zoning: If Low Density Res,Specific Zoning: Idaho Falls-Tn-Traditional Nbh

  • Rooms

    Basement Partial, Unfinished

  • Building

    Lot Description Interstate Exit/Access, Near Green Belt, Near Stream/River, Established Lawn, Many Trees, Corner Lot, Level

    Foundation Concrete Perimeter

    Sewer Public Sewer

    Water Public

  • Interior

    Heating Natural Gas, Separate Heat

    Cooling None

    Inclusions 3 Fridges, 3 Oven/Range, 1 Washer And Dryer

    Appliance Separate Water Heaters, Dishwasher, Dryer, Refrigerator, Oven, Washer, Stove

    Laundry Laundry Hookups

  • Exterior

    Parking Features Off Street

    Garage Description Off Street

    View Y/N No

    Roof Type Metal

    Garage No

    Private Pool No

  • Schools

    Elementary Schools Bush 91El

    Middle Schools Eagle Rock 91Jh

    High Schools Skyline 91Hs

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

    Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

    Special Listing Condition Standard

    Virtual Tour https://idahoagents.com/1221-sage-avenue

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $395,000 in Idaho Falls,ID

CONTACT

Dustin Hawkins
Dustin Hawkins

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message