195 Washington St N Twin Falls, ID 83301
Estimated payment $2,858/month
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! Recent upgrades include a NEW Roof, Furnace, A/C, and ALL Bathrooms Remodeled in the main home. PLUS!! The middle unit had a Full Remodel. Located in Central Twin Falls, ZONED COMMERCIAL, and grandfathered in for Residential. This property is well-positioned for consistent tenant demand and long-term growth. This versatile triplex offers strong income potential with three separate dwellings on one generous lot. The main unit has 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. The layout and lot size allow for privacy between units while offering potential for additional improvements or increased rental density.
Listing Agent
Keller Williams Sun Valley Southern Idaho Brokerage Phone: 208-734-1991 Listed on: 08/05/2025
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
- Laminate 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 $9,285
- Gross Income $49,200
- Net Operating Income $39,915
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,836 | $264,175 | $66,256 | $197,919 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Price Changed | $500,000 | -11.5% | $168 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $565,000 | -- | $190 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Twin | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $141,000 | New Conventional |
Source: Intermountain MLS
MLS Number: 98957060
APN: RPT5381000004BA
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