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350 E Street, 
Idaho Falls, ID 83402

$4,250,000

27

Beds

27

Baths

22,578

Sq Ft

Multi-Family

Active

Listed by

Matthew Flinders

Armstrong Flinders And Associates

801-375-1075

Last updated:

May 1, 2026, 02:52 PM

MLS#

2185323

Source:

ID SRMLS

About This Home

350 E Street

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, traveling nurses, and remote workers. 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 also available. Parcels RPA1980007009A & RPA1980007008B - Buyer to verify all info.

Home Facts

Multi-Family

27 Baths

27 Bedrooms

Built in 1948

Price Summary

4,250,000

$188 per Sq. Ft.

MLS #:

2185323

Last Updated:

May 1, 2026, 02:52 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

27

Bathrooms

Total Bathrooms:

27

Full Bathrooms:

27

Interior

Living Area:

22,578 Sq. Ft.

Structure

Structure

Building Area:

22,578 Sq. Ft.

Year Built:

1948

Lot

Lot Size (Sq. Ft):

17,859

Finances & Disclosures

Finances

Price:

$4,250,000

Price per Sq. Ft:

$188 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.