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Street View
$250,000
Monthly Est:$1,244
4 Beds
- 2 Baths
2 full baths
1,536sqft
269-271 S Water Ave, Idaho Falls, ID 83402
$250,000
$1,244/moEst:
Get Pre-Approved
Duplex
Built in 1920
$-- HOA
3,920.4 sqft lot
$163/sq.ft
Description
Investment opportunity near downtown Idaho Falls! This side-by-side duplex offers a total of 4 bedrooms and 2 bathrooms, with each unit featuring 2 bedrooms and 1 bathroom. Both units offer a functional two-story layout with a comfortable living room and eat-in kitchen on the main level, while two bedrooms and a full bathroom are located upstairs. Each unit also has its own laundry hookups for added convenience. One unit features brand-new carpet and fresh interior paint, while the other is currently occupied by a long-term tenant, providing established rental income from day one. Whether you're looking to expand your rental portfolio or take advantage of an owner-occupied investment opportunity, this property offers plenty of possibilities. Live in one side while renting out the other to help offset your monthly expenses, or utilize both units as income-producing rentals. Additional features include a durable metal roof, metal siding, a storage shed, and on-street parking. Conveniently located near downtown Idaho Falls with easy access to shopping, dining, and everyday amenities. A great opportunity to own a versatile multi-family property in a central Idaho Falls location!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 19, 2026 at 3:56 pm
- Listing Provided by: Amanda Mcfarland (208) 243-7334 | Coldwell Banker Tomlinson (208) 243-7334
- Source: Snake River MLS-ID | MLS#: 2189317

Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
1,536 sqft
Lot Size
3,920.4 sqft lot
Basement Area
- sqft
MLS Name
Snake River MLS
MLS Number
2189317
MLS Status
Pending
Days on Market
51

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Sewer
Public Sewer
Cooling
None
Appliances
Separate Water Heaters, Refrigerator, Oven, Dishwasher, Stove
Heating
Electric, Baseboard, Separate Heat
Interior Features
Newly Renovated, None
Construction
Year Built
Year Built: 1920
Home type
Duplex
Foundation Details
Other
Construction Materials
Metal Siding
Property Condition
Existing
Roof
Metal
Utilities & Energy
Electric
Separate Power Meters, Idaho Falls Power
Basement
Crawl Space, Exterior Entry, Partial, Unfinished
Laundry Features
Laundry Hookups
Water Source
Public
Other Features
Lot Features
Low Traffic, Near Green Belt, Near Schools
Subdivision Name
Original Townsite
Tenant Pays
Electricity
Price History
| Date | Event | Price |
|---|---|---|
10/19/2026 Source: | Pending | $250,000 $163/sqft |
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Based on information from the Snake River Regional MLS through Nov 08, 2026, 07:45AM. IDX information is provided exclusively for consumers(U+0027) personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. While the data is considered reliable, it is not guaranteed by the MLS and should be independently verified for accuracy. © 2026 Snake River Regional Multiple Listing Service (owned and operated by the Greater Idaho Falls Association of REALTORS®, the Greater Blackfoot Association of REALTORS®, and the Upper Valley Association of REALTORS® . All Rights Reserved.
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