$775,000/mo

442 Locust St, Twin Falls, ID 83301

  • 9 beds |
  • 8 baths |
  • 4,576 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $169/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Updates in 2024 featuring a new roof & gutters with gutter guards. Projected cap rate of 8% with room for updates & blue sky to push the cap to 10% or more!! Discover a rare opportunity to own a well-maintained 8-unit multifamily property in a high-demand neighborhood. 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 145, 147, 149 Robbins Ave. Interior photos available upon request.

Listing Status:
Active
Date Added:
April 10, 2025 at 05:00AM
Listing Office:
Keller Williams Sun Valley Southern Idaho : 208-734-1991
Listing Agent:
Aaron Miskin : 208-572-8500
MLS ID:
98942412
  • Appliances: Stove/Range (All Units)Refrigerator (All Units)
  • Flooring: Vinyl Sheet
  • A/C: Wall/Window Unit(s)All Units
  • Heating: Forced AirNatural GasWall Furnace

This listing courtesy of Aaron Miskin, Keller Williams Sun Valley Southern Idaho

Location

Schools Nearby

M

Morningside Elementary School

701 Morningside Dr, Twin Falls, ID, 83301

Grades KG-5

0.44 miles away

B

Bridge Academy

616 Eastland Dr, Twin Falls, ID, 83301

Grades 7-8

0.78 miles away

T

Twin Falls High School

1615 Filer Ave E, Twin Falls, ID, 83301

Grades 9-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.