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413 & 415 3rd Ave N

Twin Falls, ID 83301
  • $720,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 98931852
UPDATED: 28 min ago
$720,000
  • 5
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,135
    SQFT
  • $230
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Information

Elementary School:
Middle School:
High School:
Intermountain MLS logoCourtesy of Berkshire Hathaway HomeServices Idaho Homes & Properties.

Description

Step into a smart addition to your investment portfolio with this well-maintained 4-plex located in the bustling heart of Downtown Twin Falls. This income-producing property is a turnkey opportunity for savvy investors seeking consistent returns and long-term growth potential. Gross Income $61,200 Key Features: Updated Systems: Newer gas furnace and central AC in the front home, reducing maintenance costs and ensuring tenant satisfaction. Desirable Location: Centrally located near downtown attractions, dining, and activities, with easy access to other key destinations across Twin Falls. Tenant Appeal: Mature trees, attractive landscaping, and a welcoming environment make this property highly rentable. Whether you're looking to diversify your portfolio or secure a high-demand rental asset, this property is poised to deliver strong ROI. Don't miss your chance to capitalize on this exceptional opportunity!

Directions: Addison to Derkies St N, south to 3rd, east to house.

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Intermountain MLS logo© 2025 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 2025-01-18T12:10:13.643.
www.southeyrealestate.com/homes/159044921
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413 & 415 3rd Ave N Twin Falls, ID 83301

  • Price: $720,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 28 min ago
  • MLS #: 98931852
5
Beds
4
Baths
0
½ Baths
0.21
Acres
3,135
SQFT
$230
$/SQFT
1937
Built
Neighborhood:
0 Not Applic.
County:
Twin Falls
Area:
Twin Falls - 2015
Elementary School:
Lincoln
Middle School:
South Hills
High School:
Canyon Ridge
School District:
Twin Falls School District #411
Property Description
Step into a smart addition to your investment portfolio with this well-maintained 4-plex located in the bustling heart of Downtown Twin Falls. This income-producing property is a turnkey opportunity for savvy investors seeking consistent returns and long-term growth potential. Gross Income $61,200 Key Features: Updated Systems: Newer gas furnace and central AC in the front home, reducing maintenance costs and ensuring tenant satisfaction. Desirable Location: Centrally located near downtown attractions, dining, and activities, with easy access to other key destinations across Twin Falls. Tenant Appeal: Mature trees, attractive landscaping, and a welcoming environment make this property highly rentable. Whether you're looking to diversify your portfolio or secure a high-demand rental asset, this property is poised to deliver strong ROI. Don't miss your chance to capitalize on this exceptional opportunity!

Directions: Addison to Derkies St N, south to 3rd, east to house.
Exterior Features

Foundation Details Crawl Space Lot Features 10000SF - .49Sidewalks Parking Total 5 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (No Units)Stove/Range (All Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 3135 Cooling Central AirSome Units Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Electric 1500Unit 1 Separate Meter Gas Unit 1 Separate Meter Listing Terms CashConventional1031 ExchangeFHAVA Loan Operating Expense 3600 Ownership Fee Simple Property Sub Type Quadruplex Tax Annual Amount 2656.04 Tax Exemptions Home Owner Exempt Tax Legal Description Twin Falls Townsite Final & Amd All Lot 6; Nw 1/2 Lot 7 Block 68 (16-10-17) Tax Year 2023 Total Actual Rent 5100 Utilities Sewer Connected Water Source City Service Zoning Description R-6 Residential Multi-Hou

Intermountain MLS logoCourtesy of Berkshire Hathaway HomeServices Idaho Homes & Properties: 208-733-5336.


Intermountain MLS logo© 2025 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 2025-01-18T12:10:13.643.
 
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Southey Real Estate | EXP Realty
Boise ID, 83702
Intermountain MLS logoCourtesy of Berkshire Hathaway HomeServices Idaho Homes & Properties.