Newly remodeled in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 7.23% cap rate you'll want to seize this unique opportunity to acquire a 14-unit portfolio across four well-located multifamily properties! This is a rare chance to secure immediate cash flow, stable tenants, and long-term upsideall in one solid package. All units are just minutes from the college campus - strong demand from students and young professionals. Each property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. The owner also has 442 Locust St 8plex available in Twin Falls.
MLS# | 98942414 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1978 |
Days On Site | 15 |
Listing Provided By | Keller Williams Sun Valley Southern Idaho | Aaron Miskin |
Bed(s) | 16 |
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Bath(s) | 14 |
SQ Feet | 12,336 |
Car Port | Yes |
Units | 14 |
Acreage | 0.39 |
State | ID |
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County | Twin Falls |
City | Twin Falls |
Zip Code | 83301 |
Area | Twin Falls |
School District | Twin Falls School District #411 |
Elementary School | Twin Falls School District #411 |
Middle School | Twin Falls School District #411 |
High School | Twin Falls School District #411 |
Listing VS Median (in 83301) | |
Price: $2,780,000 low | high Med: $415,000 SqFt: 12,336 low | high Med: 1,357 $ / SqFt: $225 low | high Med: $306 On site: 15 low | high Med: 3.000000 |