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371 3rd Street, Idaho Falls, ID 83401

$330,000

$142 per ft²

4 Bed

2 Bath

2,330 Sq Ft

0.14 Acres

Listing Office: Keller Williams Realty East Idaho

Image 1 of property listing at 371 3rd Street, Idaho Falls, ID 83401

Image 2 of property listing at 371 3rd Street, Idaho Falls, ID 83401

Turnkey multi-family property generating $2,500 per month in rental income with both units currently occupied. This is a strong addition to any investment portfolio with cash flow and upside potential. The main floor unit features 3 bedrooms and 1 bathroom, offering a spacious layout ideal for families. The basement unit includes 1 bedroom and 1 bathroom, providing a comfortable and private living space for tenants. This property is priced to move, with value-add potential as pricing may be adjusted following upcoming renovations, making this an excellent opportunity to secure equity early. Units will be vacant on May 1, 2026, allowing for owner occupancy or the flexibility to set new rental rates. Showings will be available after May 1, 2026. Don't miss this chance to own a high-performing rental property with built-in income and future appreciation potential.

Listing Agent:

License Number:

Offered by: Keller Williams Realty East Idaho

Office Phone: 208-529-8888

MLS: #2185704

Snake River Regional MLS

Date Added: 04/20/2026 08:37:51 pm

Last Update: 04/20/2026 09:21:41 pm

Days on Market: 5

Interior

Appliances: Dishwasher, Refrigerator, Oven, Stove
Laundry: Common Area, Laundry Hookups
Basement: Finished, Full
Flooring: Hardwood
A/C: true, Mini Split
Heating: Natural Gas, Forced Air

Exterior

Parking: Garage, Parking spaces: 1

Construction

Roofing: Metal
General: Frame, Wood Siding, Concrete Perimeter

Location

Originating MLS: Snake River
County: Bonneville

Lot

Zoning: LOTS 41-42, BLOCK 7, RPA0540007041A

Utilities

Utilities: Common Power Meters, Idaho Falls Power
Water: Public
Sewer: Public Sewer

Financial

Source: Snake River
Exclusions: Seller's Personal Property

Property

Year Built: 1921
Type: Duplex
Parcel #: RPA0540007041A

Schools

Elementary: Emerson 91EL
Middle: Eagle Rock 91JH
High: Idaho Falls 91HS

01/21/2024Off Market

11/20/2023$315,000@ 135 per ft²↓5.9701492537313%

11/02/2023$335,000@ 144 per ft²↓1.4705882352941%

10/12/2023$340,000@ 146 per ft²↓2.8571428571429%

10/06/2023Active

10/06/2023$350,000@ 150 per ft²Listed

Listing Broker

Melissa Ward

1 @

Email: melissa@archibaldbagley.com

Location: AL

MLS: #2185704

Source: Snake River Regional MLS

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371 3rd Street, Idaho Falls, ID 83401 is a 4 Bed, 2 Bath, 2,330 Sq Ft, 0.14 Acres, Duplex built in 1921.

This property is currently available and was listed by Snake River Regional MLS on 04/20/2026 08:37:51 pm. The MLS # for the property is MLS #2185704.