1221 Sage Avenue, Idaho Falls, ID 83402
1221 Sage Avenue, Idaho Falls, ID 83402
1221 Sage Avenue, Idaho Falls, ID 83402
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$395,000
Est. payment /mo
5 Beds
3 Baths
3,424 SqFt

UPDATED:

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

Property Description

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!

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

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

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

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


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Listed by Axen Realty

Nearby Locations

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Dustin Hawkins

Dustin Hawkins

+1(208) 821-2832

Broker | License ID: DB46635

Broker License ID: DB46635

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