Great Investment Opportunity! Fully leased and generating $3,700/month ($44,400 annually), this renovated property offers immediate cash flow with three income streams: the main level rents for $1,900/month (lease through March), the private basement ADU for $1,300/month (lease through March), and the detached shop for $500/month (month-to-month). Located at the end of a quiet dead-end street less than a block from the Chukars baseball stadium and minutes from the Snake River Greenbelt and Downtown Idaho Falls, this is an ideal addition to any investment portfolio. The main level features a bright living room, remodeled kitchen overlooking a spacious family room with fireplace, three bedrooms, two full baths, and access to a large deck and backyard. The separate-entry basement ADU includes a full kitchen, family room with freestanding fireplace, two bedrooms, full bath, and dedicated laundry. The detached shop provides additional income and future flexibility. Rare opportunity to own a fully occupied, income-producing property in a desirable Idaho Falls location.
Property Details
Price:
$425,000
MLS #:
2188034
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subdivision:
EDGEWATER HEIGHTS-BON
Listed Date:
Jul 25, 2026
Finished Sq Ft:
2,548
Lot Size:
7,274 sqft / 0.17 acres (approx)
Year Built:
1963
In Basement,main LevelEdgewater Heights-bonBush 91elTaylor View 91jhSkyline 91hs
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Schools
Elementary School:
BUSH 91EL
Middle School:
TAYLOR VIEW 91JH
High School:
SKYLINE 91HS
Interior
Air Conditioning
Central Air
Appliances Included
Dishwasher, Microwave, Electric Range, Refrigerator, Gas Water Heater
Basement
Exterior Entry, Finished, Full
Basement # Bedrooms
2
Basement # Full Baths
1
Basement # Kitchens
1
Basement # Laundry Rms
1
Basement # Living Rms
1
Basement Sq Ft
988
Blw Grade Sq Ft
988
Heat Source/Type
Natural Gas, Forced Air
Lower # Fireplaces
1
Main # Bedrooms
3
Main # Family Rms
1
Main # Fireplaces
1
Main # Formal Dining Rms
1
Main # Full Baths
2
Main # Kitchens
1
Main # Laundry Rms
1
Main # Living Rms
1
Main Sq Ft
1560
Other Rooms
2nd Kitchen, Apartment, Formal Dining Room, Main Floor Family Room, Main Floor Master Bedroom, Master Bath, Separate Storage
Total Full Baths
3
Exterior
Fence Type/Info
Chain Link, Wood, Partial
Foundation
Concrete Perimeter
Irrigation
None
Landscaping
Established Lawn, Established Trees
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public
Financial
Taxes
$3,828
Map
Community
- Address805 K Street IDAHO FALLS ID
- SubdivisionEDGEWATER HEIGHTS-BON
- CityIDAHO FALLS
- CountyBonneville
- Zip Code83402
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805 K Street
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