$565,000

195 Washington St N Twin Falls, ID 83301

Estimated payment $3,330/month

Total Views 318
7 Beds
5 Baths
2,970 Sq Ft
$190 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Fireplace
  • Garden
  • Baseboard Heating

About This Home

Triplex Investment Opportunity Near the College of Southern Idaho! This versatile triplex offers strong income potential with three separate dwellings on one generous lot. The main unit features 4 bedrooms and 2.5 bathrooms and could easily be configured as a student hostel to maximize shared room rents, and is just a 4-minute drive to CSI. Two detached rental units provide steady cash flow with private layouts ideal for long-term or short-term tenants. Recent upgrades include a new furnace and AC in the main home, the bathroom remodeled, and a full remodel to the middle unit. The layout and lot size allow for privacy between units while offering potential for additional improvements or increased rental density. Located in central Twin Falls and zoned commercial, this property is well-positioned for consistent tenant demand and long-term growth. Seller is willing to carry the note/loan on the Buyer's down payment!

Listing Agent

Aaron Miskin

Keller Williams Sun Valley Southern Idaho Brokerage Phone: 208-734-1991 Listed on: 08/05/2025

Keller Williams Sun Valley Southern Idaho

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 176x67.5
  • Dog Run
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence
  • Garden

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,970 Sq Ft Home
  • Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Stove
  • Washer and Dryer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Open Parking
  • RV Access or Parking

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
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number RPT5381000004B

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $3,913
  • Gross Income $49,200
  • Net Operating Income $45,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,837

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 176x67.5
  • CapRate: 8.02
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Attribution Contact: 208-734-1991
  • Special Features: None

Interior Features

  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Fireplace(s)
  • Appliances: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Area: 2970

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wire, Wood
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Open Parking: Yes
  • Parking Features: RV Access/Parking, Finished Driveway
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 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

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, Dog Run, Garden, R.V. Parking, Sidewalks
  • Parcel Number: RPT5381000004B
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 10018.8
  • Zoning Description: C-1 Commercial

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2836.84

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 49200
  • Property Net Operating Income: 45287
  • Annual Operating Expense: 3913
  • Total Actual Rent: 4100
  • 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 $2,837 $264,175 $66,256 $197,919
2023 $3,252 $310,965 $66,256 $244,709
2022 $3,593 $298,561 $43,435 $255,126
2021 $3,763 $249,972 $43,435 $206,537
2020 $3,341 $218,989 $48,036 $170,953
2019 $3,941 $220,585 $43,435 $177,150
2018 $3,571 $190,706 $29,769 $160,937
2017 $3,098 $165,269 $29,769 $135,500
2016 $2,953 $147,343 $0 $0
2015 $2,694 $138,121 $0 $0
2012 -- $125,875 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $565,000 -- $190 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Twin
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,000 New Conventional
Source: Public Records

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See All Homes in Twin Falls

Source: Intermountain MLS

MLS Number: 98957060

Intermountain MLS

APN: RPT5381000004BA

Idaho Twin Falls County Twin Falls 83301

195 Washington St N, Twin Falls, ID

This home is located at 195 Washington St N, Twin Falls, ID 83301 and is currently priced at $565,000, approximately $190 per square foot. This property was built in 1940. 195 Washington St N is a home located in Twin Falls County with nearby schools including I.B. Perrine Elementary School, Robert Stuart Junior High School, and Canyon Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Intermountain MLS IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.

Information provided by IMLS is deemed reliable but not guaranteed.

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Aaron Miskin
Listing Agent
Aaron Miskin
Section Image
Keller Williams Sun Valley Southern Idaho
(208) 494-8582