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!
Property Details
Price:
$395,000
MLS #:
2187466
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Subdivision:
RIVERSIDE SUBDIVISION-BON
Listed Date:
Jul 1, 2026
Finished Sq Ft:
3,424
Lot Size:
6,969 sqft / 0.16 acres (approx)
Year Built:
1920
Riverside Subdivision-bonBush 91elEagle Rock 91jhSkyline 91hs
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Schools
Elementary School:
BUSH 91EL
Middle School:
EAGLE ROCK 91JH
High School:
SKYLINE 91HS
Interior
Blw Grade Sq Ft
1094
Total Full Baths
3
Exterior
Financial
Taxes
$2,856
Map
Community
- Address1221 Sage Avenue IDAHO FALLS ID
- SubdivisionRIVERSIDE SUBDIVISION-BON
- CityIDAHO FALLS
- CountyBonneville
- Zip Code83402
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