Investment opportunity near downtown Idaho Falls! This side-by-side duplex offers a total of 4 bedrooms and 2 bathrooms, with each unit featuring 2 bedrooms and 1 bathroom. Both units offer a functional two-story layout with a comfortable living room and eat-in kitchen on the main level, while two bedrooms and a full bathroom are located upstairs. Each unit also has its own laundry hookups for added convenience. One unit features brand-new carpet and fresh interior paint, while the other is currently occupied by a long-term tenant, providing established rental income from day one. Whether you’re looking to expand your rental portfolio or take advantage of an owner-occupied investment opportunity, this property offers plenty of possibilities. Live in one side while renting out the other to help offset your monthly expenses, or utilize both units as income-producing rentals. Additional features include a durable metal roof, metal siding, a storage shed, and on-street parking. Conveniently located near downtown Idaho Falls with easy access to shopping, dining, and everyday amenities. A great opportunity to own a versatile multi-family property in a central Idaho Falls location!
Property Details
Price:
$250,000
MLS #:
2189317
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subdivision:
ORIGINAL TOWNSITE
Listed Date:
Sep 17, 2026
Finished Sq Ft:
1,536
Lot Size:
4,000 sqft / 0.09 acres (approx)
Year Built:
1920
Original TownsiteHawthorne 91elEagle Rock 91jhSkyline 91hs
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Schools
Elementary School:
HAWTHORNE 91EL
Middle School:
EAGLE ROCK 91JH
High School:
SKYLINE 91HS
Interior
Total Full Baths
2
Exterior
Financial
Taxes
$2,436
Map
Community
- Address269-271 Water Avenue IDAHO FALLS ID
- SubdivisionORIGINAL TOWNSITE
- CityIDAHO FALLS
- CountyBonneville
- Zip Code83402
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