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Street View
$2,650,000
Monthly Est:$13,190
16 Beds
16 Baths16 full baths
12,300sqft
488 D St, Idaho Falls, ID 83402
$2,650,000
$13,190/moEst:
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Multi Family
Built in 1915
$-- HOA
17,424 sqft lot
$215/sq.ft
Description
Chicane is a fully rebuilt 16-unit apartment building in downtown Idaho Falls. One block to the Snake River and Riverwalk Park. The seller took the property down to the shell and rebuilt it correctly—new roof, electrical, plumbing, systems, and finishes. The location is tops! Walkable, central, and surrounded by downtown energy that tenants actually want: restaurants, offices, retail, and nightlife. From an operational standpoint, Chicane is clean and straightforward. Modern systems mean lower maintenance, more predictable expenses, and fewer surprises. The 2025 numbers support a solid in-place return with upside through professional management, modest rent optimization, and continued downtown revitalization. This is a rare chance to own a rebuilt, mid-sized apartment asset in a supply-constrained downtown core—without taking on construction risk. Call for offering packet, 3-D tour & Dropbox links!
- Houzeo last checked: 12 hours ago
- Listing updated: September 18, 2026 at 6:26 pm
- Listing Provided by: Matthew Flinders (208) 521-1406 | Armstrong Flinders and Associates (801) 375-1075
- Source: Snake River MLS-ID | MLS#: 2185284
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
12,300 sqft
Lot Size
17,424 sqft lot
Basement Area
- sqft
MLS Name
Snake River MLS
MLS Number
2185284
MLS Status
Active
Days on Market
201
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 16
Interior
Heating
Mini Split, Separate Heat
Exterior Features
Lighting
Sewer
Public Sewer
Cooling
Ductless, Mini Split
Interior Features
Ceiling Fan(s), Newly Renovated, Storage, Separate Storage
Appliances
Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Stove
Construction
Year Built
Year Built: 1915
Home type
Multi Family
Foundation Details
Concrete Perimeter
Property Condition
Updated/remodeled
Roof
Membrane
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Basement
Finished
Electric
Separate Power Meters, Idaho Falls Power
Laundry Features
Common Area, Laundry Included
Security Features
Security System
Parking Features
Off Street
Other Features
Community Features
Additional Storage, Sidewalks
Subdivision Name
Railroad Addition Bon
Lot Features
Interstate Exit/access, Near Mall/shop, Near Park, Near Public Transit, Near Stream/river, Near University/college, Established Lawn, Flower Beds, Sprinkler Auto, Sprinkler System Full, Level
Tenant Pays
Cable Tv, Electricity, Sewer, Trash Collection, Water
Price History
| Date | Event | Price |
|---|---|---|
04/28/2026 Source: | Listed for Sale | $2,650,000 -5.36% $215/sqft |
01/02/2026 Source: | Off Market | $2,800,000 $228/sqft |
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Based on information from the Snake River Regional MLS through Oct 23, 2026, 08:45PM. 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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