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269-271 S Water Avenue, Idaho Falls, ID 83402

$250,000
  • 269-271 S Water Avenue, Idaho Falls, ID 83402 Main Photo

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Featured Listing Active
BEDS4 BATHS2 full SQUARE FEET1,536 MLS#2189317
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONORIGINAL TOWNSITE

Property Description

THIS PROPERTY IS CURRENTLY UNDER CONTRACT; THE SELLER IS SEEKING ADDITIONAL OFFERS. Investment opportunity near downtown Idaho Falls! This side-by-side duplex offers a total of 4 bedrooms and 2 bathrooms, with each unit featuring 2 bedrooms and 1 bathroom. Both units offer a functional two-story layout with a comfortable living room and eat-in kitchen on the main level, while two bedrooms and a full bathroom are located upstairs. Each unit also has its own laundry hookups for added convenience. One unit features brand-new carpet and fresh interior paint, while the other is currently occupied by a long-term tenant, providing established rental income from day one. Whether youre looking to expand your rental portfolio or take advantage of an owner-occupied investment opportunity, this property offers plenty of possibilities. Live in one side while renting out the other to help offset your monthly expenses, or utilize both units as income-producing rentals. Additional features include a durable metal roof, metal siding, a storage shed, and on-street parking. Conveniently located near downtown Idaho Falls with easy access to shopping, dining, and everyday amenities. A great opportunity to own a versatile multi-family property in a central Idaho Falls location!

269-271 S Water Avenue | MLS# 2189317

This multi-family property located at 269-271 S Water Avenue, Idaho Falls, ID 83402 is currently listed for sale by Coldwell Banker Tomlinson, with an asking price of $250,000. Search Idaho Falls real estate on clong.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Crawl Space, Exterior Entry, Partial, Unfinished
Cooling: None
Heating: Electric, Baseboard
Lot Size: 0.09 Acres
Roof Type: Metal
Taxes: $2,436
Year Built: 1920

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1
Rent: $500.00
Square Footage: 768
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1
Square Footage: 768

Feature Descriptions

Days on Site: 15
Exterior: Metal Siding
Flood Plain: No
Foundation: Other
Handicap Access: 0
HOA Y/N: No
Location: Low Traffic, Near Green Belt, Near Schools
Owner Pays: Insurance
Parcel #: RPA1740038005c
Sewer: Public Sewer
SQFT Above Grade: 1536
Tenant Pays: Electricity
Units: 2
Water: Public

Local Schools

High School: SKYLINE 91HS
Middle School: EAGLE ROCK 91JH
Elementary School: HAWTHORNE 91EL

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Tomlinson

agent picture

Shown By

Agent Name: Cody Long
Agent Phone: (208) 351-8855

Estimate Your Payment

Estimated Payment

$ 832.31 per month $556.39 Principal & Interest $203.00 Property Tax $72.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/02/2026. The listing information on this page last changed on 10/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/02/2026 12:00:03 AM EST) or INTERMOUNTAIN MLS (last updated Thu 10/01/2026 11:32:17 PM EST) or Snake River MLS (last updated Thu 10/01/2026 11:32:24 PM EST) or GPAR MLS (last updated Thu 10/01/2026 8:37:02 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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