Homes for sale · Idaho Falls
350 E E Street
Idaho Falls, ID 83402
$4,250,000
Was $4,449,000
1 / 13- Beds
- 27
- Baths
- 27
- Sqft
- 22,578
- On market
- 205 days
- Year
- 1948
- Lot
- 0.41 ac
- Type
- Residential Income
Listed by Matthew Flinders · Armstrong Flinders and Associates
Schools
- Elementary
- Hawthorne 91EL
- Middle
- Eagle Rock 91JH
- High
- Idaho Falls 91HS
Assigned schools from the MLS listing. Confirm boundaries with the district before you write.
About this home
The Wellington is a fully renovated 27-unit apartment building in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters. Renovated in 2022 with 9' ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Great opportunity for investors seeking a solid 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby a
Estimated payment
$25,594/mo
20% down · 6.75% · 30 yr · taxes & insurance included
- Principal & interest
- $22,052
- Est. property tax
- $2,550
- Est. insurance
- $992
Local estimate (~0.72% of price per year, not a lender quote). Bonneville County levy rates vary by tax code area — we'll run exact numbers on tour.
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