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242 8th Ave E, 
Twin Falls, ID 83301

$365,000


4

Beds


2

Baths


2,604

Sq Ft


Multi-Family

Active

Listed by

Gary Shook

Mikahla Shook

208-622-3400

Last updated:

January 16, 2026, 04:42 AM

MLS#

98971820

Source:

ID IMLS

Company Logo

About This Home

242 8th Ave E

Located in the heart of downtown Twin Falls, this versatile property offers a rare opportunity for both owner-occupants and investors. Live comfortably in the main home while generating rental income from the basement unit, or add a strong performer to your investment portfolio. Major updates include a new roof (2021), electrical upgrades (2021), and new AC (2022), providing peace of mind for years to come. The main residence is filled with abundant natural light and features a main-floor primary bedroom, a lovely kitchen, and a formal dining area perfect for everyday living or entertaining. Downstairs, the fully equipped basement unit offers a private entrance, full kitchen, living room, bedroom, and bathroom, creating a truly independent living space. Whether you’re looking to offset your mortgage or invest in downtown living, this property delivers flexibility, function, and long-term potential.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1920

Price Summary

365,000

$140 per Sq. Ft.

MLS #:

98971820

Last Updated:

January 16, 2026, 04:42 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,604 Sq. Ft.


Structure

Structure

Building Area:

2,604 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$365,000

Price per Sq. Ft:

$140 per Sq. Ft.

242 8th Ave E
Source:ID IMLS
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties.

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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.