$2,248,000
$532K PRICE DROP

145, 147, 149 Robbins St Twin Falls, ID 83301

Estimated payment $13,459/month

Total Views 5,367
16 Beds
16 Baths
10,096 Sq Ft
$223 Price per Sq Ft

Highlights

  • 18 Car Detached Garage
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

New updates in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 8.7% cap rate you'll want to seize this unique opportunity to acquire a 12-unit portfolio across four well-located multifamily properties! Pro Forma, Rent Roll, & T12 available. This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside, all in one solid package. Just minutes from the college campus there's strong demand from students and young professionals. This property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. An 8plex is also available, 442 Locust St in Twin Falls

Listing Agent

Aaron Miskin

Keller Williams Sun Valley Southern Idaho Brokerage Phone: 208-734-1991 Listed on: 04/10/2025

Keller Williams Sun Valley Southern Idaho

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,817

Year Built

  • Built in 1978

Lot Details

  • 0.94 Acre Lot

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • HardiePlank Type
  • Stucco
  • Stone

Interior Spaces

  • 10,096 Sq Ft Home
  • Fireplace
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 18 Car Detached Garage
  • Carport

Schools

  • Perrine Elementary School
  • Robert Stuart Middle School
  • Canyon Ridge High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number RPT4021000031SA, RPT4021000031CA, RPT4021000031TA

Community Details

Overview

  • Property has a Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $41,870
  • Gross Income $207,600
  • Net Operating Income $165,730

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,817

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.94
  • CapRate: 7.4
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Attribution Contact: 208-734-1991
  • Special Features: None

Interior Features

  • Heating: Baseboard, Electric, Forced Air, Fireplace(s)
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
  • Total Bedrooms: 16
  • Fireplace: Yes
  • Flooring: Vinyl Sheet
  • Living Area: 10096

Exterior Features

  • Roof: Composition
  • Construction Type: Frame, Stucco, Stone, HardiPlank Type, Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: Carport, Detached
  • Total Parking Spaces: 18

Utilities

  • Cooling: Central Air, Wall/Window Unit(s), Some Units
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (Some Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Cable Connected

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Perrine
  • Junior High Dist: Twin Falls School District #411
  • High School: Canyon Ridge
  • Middle Or Junior School: Robert Stuart

Lot Info

  • Lot Features: 1/2 - .99 Acre
  • Parcel Number: RPT4021000031SA, RPT4021000031CA, RPT4021000031TA
  • Current Use: 5+ Units
  • Lot Size Sq Ft: 40946.4
  • Zoning Description: R4 Residential Med Dnsty

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13817

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 207600
  • Property Net Operating Income: 165730
  • Annual Operating Expense: 41870
  • Total Actual Rent: 11000
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $2,248,000 -1.8% $223 / Sq Ft
07/02/2025 07/02/25 Price Changed $2,289,950 -1.3% $227 / Sq Ft
05/20/2025 05/20/25 Price Changed $2,319,950 -1.5% $230 / Sq Ft
05/05/2025 05/05/25 Price Changed $2,355,000 -15.3% $233 / Sq Ft
04/10/2025 04/10/25 For Sale $2,780,000 -- $275 / Sq Ft
Source: Intermountain MLS

Source: Intermountain MLS

MLS Number: 98942414

Intermountain MLS