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280 1st Street, 
Idaho Falls, ID 83401

$1,200,000

12

Beds

12

Baths

8,752

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Eli Dahlin

Silvercreek Realty Group

208-523-6111

Last updated:

September 4, 2026, 01:53 AM

MLS#

2189005

Source:

ID SRMLS

About This Home

280 1st Street

280 1st Street is a well maintained 12 unit multifamily property in Idaho Falls, Idaho, offering investors a strong cap rate and dependable cash flow in a growing market. Idaho Falls continues to see steady population growth, low vacancy, and rising rental demand, making it one of the more attractive multifamily markets in the region for long term investors. The property comes with professional management already in place, making it an easy, turnkey addition to a portfolio for an investor looking for reliable, low-hassle performance and strong returns. With solid in-place income and a location in one of Idaho's most stable rental markets, 280 1st Street is a compelling opportunity for an investor seeking dependable cash flow and long-term growth in a market that continues to attract renters and new residents alike.

Home Facts

Multi-Family

12 Baths

12 Bedrooms

Built in 1920

Subdivision & Development:

CROWS ADDITION-BON

Price Summary

1,200,000

$137 per Sq. Ft.

MLS #:

2189005

Last Updated:

September 4, 2026, 01:53 AM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

12

Full Bathrooms:

12

Interior

Living Area:

8,752 Sq. Ft.

Structure

Structure

Building Area:

8,752 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

9,374

Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$137 per Sq. Ft.

Source:ID SRMLS
The information being provided by Snake River Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Snake River Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.