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269-271 S Water Avenue

Idaho Falls, ID 83402
  • $250,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 2189317
UPDATED: 64 min ago
$250,000
  • 4
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,536
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Townsend Realty Team are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-10-13T08:23:14.297.
www.townsendrealtyteam.com/homes/181319690
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269-271 S Water Avenue Idaho Falls, ID 83402

  • Price: $250,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 64 min ago
  • MLS #: 2189317
4
Beds
2
Baths
0
½ Baths
0.09
Acres
1,536
SQFT
$163
$/SQFT
1920
Built
Neighborhood:
Original Townsite
County:
Bonneville
Area:
Idaho Falls
Elementary School:
Hawthorne 91El
Middle School:
Eagle Rock 91Jh
High School:
Skyline 91Hs
Property 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!
Exterior Features

Construction And Status Existing Driveway None Exterior Primary Metal Siding Foundation Other Garage Stalls 0.00 Location Low TrafficNear Green BeltNear Schools Lot Size 4000 Roof Metal Style All Units in One Building

Interior Features

Air Conditioning None Basement Crawl SpaceExterior EntryPartialUnfinished Heat Source And Type ElectricBaseboard Sq Ft Above Grade 1536 Sq Ft Below Grade 0 Style1 Baths 1 Style1 Bedrooms 2 Style1 Features Laundry HookupsRefrigeratorStove Style1 Sq Ft 768 Style2 Baths 1 Style2 Bedrooms 2 Style2 Features DishwasherLaundry HookupsNewly RenovatedRefrigeratorStove Style2 Sq Ft 768 Style3 Baths 0 Style3 Bedrooms 0 Style3 Features None Style3 Sq Ft 0 Style4 Baths 0 Style4 Bedrooms 0 Style4 Features None Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Features None Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Features None Style6 Sq Ft 0 Total Baths 2

Property Features

Covenants No Distressed Property Not Applicable Exclusions Seller's Personal Property Fixer Upper No Flood Plain N Gross Monthly Rent 500.00 Handicap Access No Ho Exempt Not Exempt HOA No Inclusions Refrigerator x2Electric Range x2Dishwasher in Unit 271Shed Owner Pays Insurance Property Type Duplex Provider Other Info Idaho Falls Power Sewer Public Sewer Short Term Rental YN Allowed Style1 Rent 500 Style1 Units 1 Style2 Rent 0 Style2 Units 1 Style3 Rent 0 Style3 Units 0 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Tax Year 2025 Taxes 2436.00 Tenant Pays Electricity Terms CashConventionalFHAVA Loan Utilities Separate Power MetersSeparate HeatSeparate Water Heaters Water Public Winter Access YN Yes Zoning General IF RESIDENCE 2 Zoning Specific IDAHO FALLS-R2-MIXED RES

Snake River Regional MLS logo Listing provided courtesy of Coldwell Banker Tomlinson: 2082437334.
© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Townsend Realty Team are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-10-13T08:23:14.297.
 
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