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195 Washington St N

Twin Falls, ID 83301
  • $500,000
  • STATUS: Active
  • ON SITE: 187 Days
  • MLS #: 98957060
$500,000
  • 7
    BEDS
  • 0.23
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,970
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:
Intermountain MLS logoCourtesy of Keller Williams Sun Valley Southern Idaho at 208-734-1991.

Description

Triplex Investment Opportunity Near the College of Southern Idaho! Recent upgrades include a NEW Roof, Furnace, A/C, and ALL Bathrooms Remodeled in the main home. PLUS!! The middle unit had a Full Remodel. Located in Central Twin Falls, ZONED COMMERCIAL, and grandfathered in for Residential. This property is well-positioned for consistent tenant demand and long-term growth. This versatile triplex offers strong income potential with three separate dwellings on one generous lot. The main unit has 4 bedrooms and 2.5 bathrooms and could easily be configured as a student hostel to maximize shared room rents, and is just a 4-minute drive to CSI. Two detached rental units provide steady cash flow with private layouts ideal for long-term or short-term tenants. The layout and lot size allow for privacy between units while offering potential for additional improvements or increased rental density.

Directions: Use GPS

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Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Southey Real Estate | EXP Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2026-02-09T00:10:17.73.
www.southeyrealestate.com/homes/166610151
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195 Washington St N Twin Falls, ID 83301

  • Price: $500,000
  • Status: Active
  • On Site: 187 Days
  • MLS #: 98957060
7
Beds
5
Baths
0
½ Baths
0.23
Acres
2,970
SQFT
$168
$/SQFT
1940
Built
Neighborhood:
0 Not Applic.
County:
Twin Falls
Area:
Twin Falls - 2015
Elementary School:
Perrine
Middle School:
Robert Stuart
High School:
Canyon Ridge
School District:
Twin Falls School District #411
Property Description
Triplex Investment Opportunity Near the College of Southern Idaho! Recent upgrades include a NEW Roof, Furnace, A/C, and ALL Bathrooms Remodeled in the main home. PLUS!! The middle unit had a Full Remodel. Located in Central Twin Falls, ZONED COMMERCIAL, and grandfathered in for Residential. This property is well-positioned for consistent tenant demand and long-term growth. This versatile triplex offers strong income potential with three separate dwellings on one generous lot. The main unit has 4 bedrooms and 2.5 bathrooms and could easily be configured as a student hostel to maximize shared room rents, and is just a 4-minute drive to CSI. Two detached rental units provide steady cash flow with private layouts ideal for long-term or short-term tenants. The layout and lot size allow for privacy between units while offering potential for additional improvements or increased rental density.

Directions: Use GPS
Exterior Features

Construction Materials FrameVinyl Siding Fencing PartialWireWood Foundation Details Crawl Space Lot Features 10000SF - .49Dog RunGardenR.V. ParkingSidewalks Open Parking YN Yes Parking Features RV Access/ParkingFinished Driveway Parking Total 3 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (No Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (All Units) Below Grade Finished Area Units Square Feet Building Area Total 2970 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace YN Yes Flooring Laminate Heating BaseboardElectricForced AirNatural GasFireplace(s) Heating YN Yes Laundry Features Washer/Dryer Hookups (Some Units)

Property Features

Association Fee 0 Current Use 2-4 Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate Meter Gross Income 49200 Listing Terms CashConventional1031 ExchangeFHAVA Loan Lot Size Dimensions 176x67.5 Net Operating Income 39915 Operating Expense 9285 Ownership Fee Simple Property Sub Type Triplex Tax Annual Amount 2836.84 Tax Legal Description Twin Falls Traceys Subd Lot 4Exc E Hwy & Exc N .021A (8-10-17 Se) Tax Year 2024 Total Actual Rent 4100 Utilities Sewer ConnectedCable Connected Water Source City Service Zoning Description C-1 Commercial

Intermountain MLS logoCourtesy of Keller Williams Sun Valley Southern Idaho: 208-734-1991.


Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Southey Real Estate | EXP Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2026-02-09T00:10:17.73.
 
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Southey Real Estate | EXP Realty
Boise ID, 83702
Intermountain MLS logoCourtesy of Keller Williams Sun Valley Southern Idaho at 208-734-1991.