405 N 2nd E - Apartments FOR SALE


Mountain Home, ID 83647
$760,000 USD
208-344-6275
405 N 2nd E, Mountain Home, ID for Sale
$760,000 USD
Apartments - FOR SALE
1/34
null | 7.27% Cap Rate

405 N 2nd E
Mountain Home, ID 83647


HIGHLIGHTS

  • Renovated over the past 5 years (boiler, roof, windows, gutters, paint and unit interiors)
  • Excellent rental history
  • Great location

OVERVIEW

Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. Brand new boiler in Dec 2025. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed.

FOR SALE DETAILS

PRICE

$760,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

8

PRICE/UNIT

$95,000

CAP RATE

7.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,650 SF

ZONING

C-2

APN/PARCEL ID

RPA009000A022AA

ASK ABOUT THIS PROPERTY

Gregg DavisKW CommercialMore Info
208-344-6275

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Gregg DavisKW CommercialMore Info
208-344-6275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.