Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Farm & Home Realty Inc.
Property view
Listing view 2
Listing view 3

128 N 8th St St, 
Montpelier, ID 83254

$699,000


10

Beds


9

Baths


5,350

Sq Ft


Multi-Family

Active

Listed by

Dawson Bingham

ERA Brokers Consolidated (Ogden)

801-627-6500

Last updated:

May 18, 2025, 11:01 AM

MLS#

2057474

Source:

SL

About This Home

128 N 8th St St

For Sale: Unique 7-Plex Investment Property in Montpelier, Idaho Discover an incredible opportunity to own a well-maintained 7-plex in the charming mountain town of Montpelier, Idaho. Nestled in the heart of Bear Lake County, this property combines small-town charm with income-generating potential. Whether you're an investor or looking to diversify your portfolio, this property offers the perfect mix of long-term stability and short-term rental income. Property Features Layout: Upstairs Units 3, 4, and 5. Unit 3 is a 2 Bed 1 Bath. Unit 4 is 1 Bed 1 Bath. Unit 5 is 1 Bed 1 Bath. Main Floor Units 1 and 2. Both are 2 Bed 2 Bath Basement Units 6 and 7 Both 1 Bed 1 Bath for a total of 10 Beds 9 Baths 4 Long-Term Rentals Each unit is designed for tenant comfort and practicality, making it ideal for Montpelier's long-term residents. These units are consistently rented, providing steady and reliable income. 3 Fully Furnished Short-Term Rentals Perfect for travelers and adventurers exploring Montpelier and the surrounding attractions, these turnkey units are tastefully furnished to create a cozy and welcoming experience. Whether guests are visiting for skiing, hiking, or taking in the beauty of Bear Lake, these rentals cater to a variety of needs. On-Site Laundry Facility The property includes two coin-operated washers and two coin-operated dryers, bringing in an additional $100-$200 monthly. While this revenue is modest, it's a convenient amenity for both long-term tenants and short-term guests. Prime Location Located in Montpelier, a gateway to outdoor recreation and just a short drive from the iconic Bear Lake, this property is ideally situated to attract year-round visitors. Its location offers additional benefits: Less Than 2 Blocks from the New Temple: Located just down a quiet road, this property is perfectly positioned for visitors and residents looking for convenient access to the temple. Nearby Amenities: Adjacent to a market, pizza restaurant, and hardware store, with an ice cream shop within walking distance, this property makes daily living and guest stays effortless and enjoyable. Outdoor Adventures: Montpelier's proximity to Bear Lake, local ski areas, snowmobile trails, and hiking spots ensures appeal to nature enthusiasts. Historical Charm: The Oregon Trail Center draws families and history buffs eager to experience Montpelier's rich heritage. Additional Details Low Maintenance Property: Recent updates ensure the property is move-in ready for tenants and guests alike. Ample Parking: Dedicated parking for all units, with additional space for guest convenience. Income Potential: A proven track record of consistent occupancy, with room to grow revenue through marketing the short-term rentals. This property is more than just a smart investment-it's a gateway to Idaho's unparalleled outdoor lifestyle and small-town community. Don't miss your chance to own a piece of Montpelier and capitalize on its growing popularity as a tourist destination and a great place to call home.

Home Facts

Multi-Family

9 Baths

10 Bedrooms

Built in 1917

Price Summary

699,000

$130 per Sq. Ft.

MLS #:

2057474

Last Updated:

May 18, 2025, 11:01 AM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

9

Interior

Living Area:

5,350 Sq. Ft.


Structure

Structure

Building Area:

5,350 Sq. Ft.

Year Built:

1917


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$130 per Sq. Ft.

Source:SL
The information being provided by Wasatch Front 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. © 2025 Wasatch Front Regional MLS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.