$698,000
$97K PRICE DROP

149 Robbins Ave Twin Falls, ID 83301

Estimated payment $4,170/month

Total Views 5,369
8 Beds
4 Baths
3,216 Sq Ft
$217 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Washer and Dryer

About This Home

New updates in 2024, featuring a new roof, gutters with gutter guards, modern light fixtures, new doors, and more. Don’t miss this incredible chance to own a fully occupied 4-plex just minutes from the college campus with a projected 9.5% cap rate! Pro Forma, Rent Roll, & T12 available. This prime investment features four well-maintained units, each with established tenants in place, providing immediate cash flow from day one. Located in a high-demand rental area, this property offers excellent walkability to campus, shops, dining, and public transportation, making it a top choice for students and young professionals alike. With consistent rental history and minimal vacancy, this is a perfect addition to any investor’s portfolio. Opportunities like this don’t come around often—especially in a sought-after location with built-in tenant demand. Additional Multi-Family units available separately or combined at 145, 147, 149 Robbins Ave & 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

  • Multi-Family

Est. Annual Taxes

  • $4,189

Year Built

  • Built in 1978

Home Design

  • 3,216 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Schools

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

Utilities

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

Additional Features

  • Washer and Dryer
  • 0.38 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number RPT4021000031T

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $13,440
  • Gross Income $72,000
  • Net Operating Income $58,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,189

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • CapRate: 8.4
  • Ownership: Fee Simple
  • Subdivision Name: Orchalara
  • Carport Y N: Yes
  • Garage Yn: No
  • Attribution Contact: 208-734-1991
  • Special Features: None

Interior Features

  • Heating: Baseboard, Electric
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 8
  • Flooring: Vinyl Sheet
  • Living Area: 3216

Exterior Features

  • Roof: Composition
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 6

Utilities

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

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: 10000SF - .49
  • Parcel Number: RPT4021000031T
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 16552.8
  • Zoning Description: R4 Residential Med Dnsty

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4188.78

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 72000
  • Property Net Operating Income: 58560
  • Annual Operating Expense: 13440
  • Total Actual Rent: 6000
  • 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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,189 $390,073 $76,145 $313,928
2023 $4,577 $437,625 $76,145 $361,480
2022 $4,994 $436,133 $56,732 $379,401
2021 $4,974 $330,371 $44,552 $285,819
2020 $4,006 $262,564 $39,309 $223,255
2019 $4,498 $251,755 $34,082 $217,673
2018 $4,346 $230,055 $25,103 $204,952
2017 $3,794 $202,374 $25,103 $177,271
2016 $3,429 $171,088 $0 $0
2015 $3,337 $171,088 $25,103 $145,985
2012 -- $158,619 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $698,000 -5.7% $217 / Sq Ft
07/02/2025 07/02/25 Price Changed $739,950 -1.3% $230 / Sq Ft
05/20/2025 05/20/25 Price Changed $749,950 -4.5% $233 / Sq Ft
05/04/2025 05/04/25 Price Changed $785,000 -1.3% $244 / Sq Ft
04/10/2025 04/10/25 For Sale $795,000 -- $247 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Titlefact
Source: Public Records

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Source: Intermountain MLS

MLS Number: 98942410

Intermountain MLS

APN: RPT4021000031TA