1. Idaho
2. Parma
3. 501 E Grove Ave

501 E Grove Ave, Parma, ID 83660

• 3 beds |
• 3 baths |
• 1,160 sqft

Property Description

Unlock Unrivaled Potential in Parma! This unique property presents a great opportunity for an investor or an owner-occupant ready to build equity and generate income. The main residence spans 1832 sq ft, featuring an unfinished basement (approximately 670 sq ft) that offers a solid foundation for your creative vision and future expansion. While updated about 10 years ago, there's ample room to customize and truly make it your own. Adding significant value is the separate, income-generating 800 sq ft ADU (Accessory Dwelling Unit), currently bringing in a reliable $1200/month in rental income! With two distinct living spaces, this property offers incredible flexibility: you have the powerful option to live in one and rent the other, or maximize your investment by renting both units for substantial cash flow. Don't miss this chance to own a versatile property with significant income potential and room for appreciation in the growing community of Parma. This isn't just a house; it's an investment in your future.

Listing Status:

Active

Date Added:

July 11, 2025 at 05:00AM

Listing Office:

Silvercreek Realty Group : 208-377-0422

Listing Agent:

Tj Eardley : 208-459-0586

MLS ID:

98954345

Interior

• General: Bath-MasterBed-Master Main LevelGranite CountersSolid Surface Counters
• Appliances: Electric Water HeaterDishwasherMicrowaveOven/Range FreestandingRefrigeratorWasherDryer
• Flooring: CarpetVinyl Sheet
• A/C: Central Air
• Heating: Forced AirNatural Gas

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Tj Eardley, Silvercreek Realty Group