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Montpelier, ID Multifamily Homes & Duplexes for Sale

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  • /56

    $699,000

    • 10 Beds
    • 9 Baths
    • 5,350 Sq Ft

    128 N 8th St, Montpelier, ID 83254

    For Sale: Unique 7-Plex Investment Property in Montpelier, Idaho Discover an incredible opportunity to own a well-maintained 7-plex in the charming mountain town of Montpelier, Idaho. Nestled in the heart of Bear Lake County, this property combines small-town charm with income-generating potential. Whether you're an investor or looking to diversify your portfolio, this property offers the

    Dawson Bingham ERA Brokers Consolidated (Ogden)

    128 N 8th St, Montpelier, ID 83254
  • /18

    $699,000

    • 8 Beds
    • 4 Baths
    • 9,990 Sq Ft

    555 N 9th St, Montpelier, ID 83254

    Located on a quiet street is where this 4 plex is located. Each unit has 2 bedrooms, 1 bathroom upstairs and a living room, kitchen and laundry on the main level. Each unit is approximately 2400 square feet. Unit 4 is the only unit a garage. Great investment property for long term rentals or short term rentals. Buyer to verify square footage.

    Deidra Quintero Remax Real Estate and Associates LLC

    555 N 9th St, Montpelier, ID 83254

Why Live in Montpelier

Montpelier, located in the southeastern corner of Idaho, is a historic small town known for its natural beauty and outdoor recreation opportunities. Less than 20 miles from both the Wyoming and Utah state borders, Montpelier serves as the administrative and service center for Bear Lake County. The town's economy is supported by agriculture, small-scale retail, healthcare, and government services. Home styles range from century-old bungalows, Tudors, and farmhouses to midcentury ranch-style homes and modern builds, often with views of the Bear River Mountains or the Caribou Range. Montpelier offers a variety of attractions, including Stock Park with its tennis courts and playground, the National Oregon/California Trail Center, and the Montpelier Golf Course. Outdoor enthusiasts can enjoy hiking in Montpelier Canyon, fishing and boating at Bear Lake, and snowmobiling in the winter. The town's retail and dining options are concentrated along Washington and 4th Streets, featuring local favorites like Ohana Island Grill and Dan’s Drive In. Montpelier's small, walkable downtown includes the Butch Cassidy Museum and the Centre Theatre. The Bear Lake County School District oversees local schools, with A.J. Winters Elementary and Bear Lake Middle School both receiving high ratings. Montpelier hosts annual events such as the Fourth of July parade and the Butch Cassidy Museum's bank robbery reenactment. U.S. Routes 30 and 89 provide connectivity, though residents typically rely on cars due to the lack of public transportation. The nearest commercial airport is Logan-Cache Airport, about 70 miles away.

Home Trends in Montpelier, ID

Housing Trends

Median Sale Price
$231,250
Median Single Family Sale Price
$299,000
Average Price Per Sq Ft
$156
Number of Homes for Sale
19
Last 12 months Home Sales
26
Months of Supply
8.80
Median List Price
$324,500
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-14%
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