442 Locust St - Apartments FOR SALE


Twin Falls, ID 83301
$785,000 USD
208-572-8500
442 Locust St, Twin Falls, ID for Sale
$785,000 USD
Apartments - FOR SALE
1/19
null | 6.91% Cap Rate

442 Locust St
Twin Falls, ID 83301


HIGHLIGHTS

  • Solid cash-flowing 8 plex with minimal vacancy history. Separate meters, and strong rental demand.

OVERVIEW

New updates in 2024, featuring a new roof & gutters with gutter guards. Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood and a projected 7.82% cap rate! Ideally located next to a beautiful community park and just minutes from local schools, this income-generating property is perfectly positioned to attract long-term tenants seeking convenience, comfort, and quality of life. This 8-plex is an excellent choice for investors seeking steady cash flow, low turnover, and long-term growth potential. Whether you're looking to expand your portfolio or secure a turnkey investment in a family-friendly area, this property is a must-see. Additional Multi-Family units available separately or combined at 143, 145, 147, 149 Robbins Ave. Interior photos available upon request -- Pro Forma, Rent Roll, and P&L are available.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$172 USD /SF

# OF UNITS

8

PRICE/UNIT

$98,125

CAP RATE

6.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8-Unit Multi Family Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,023 SF

ZONING

R-4

APN/PARCEL ID

RPT05210000010A

ASK ABOUT THIS PROPERTY

Aaron MiskinKeller Williams- Sun Valley Southern IdahoMore Info
208-572-8500

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Aaron MiskinKeller Williams- Sun Valley Southern IdahoMore Info
208-572-8500

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