242 8th Ave E Twin Falls, ID 83301
Estimated payment $2,142/month
Highlights
- 1 Car Detached Garage
- Partially Fenced Property
- Vinyl Flooring
- Forced Air Heating and Cooling System
- Wood Siding
About This Home
Located in the heart of downtown Twin Falls, this versatile property offers a rare opportunity for both owner-occupants and investors. Live comfortably in the main home while generating rental income from the basement unit, or add a strong performer to your investment portfolio. Major updates include a new roof (2021), electrical upgrades (2021), and new AC (2022), providing peace of mind for years to come. The main residence is filled with abundant natural light and features a main-floor primary bedroom, a lovely kitchen, and a formal dining area perfect for everyday living or entertaining. Downstairs, the fully equipped basement unit offers a private entrance, full kitchen, living room, bedroom, and bathroom, creating a truly independent living space. Whether you’re looking to offset your mortgage or invest in downtown living, this property delivers flexibility, function, and long-term potential.
Listing Agent
Coldwell Banker Distinctive Properties Brokerage Phone: 208-622-3400 Listed on: 01/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,927
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Partially Fenced Property
Parking
- 1 Car Detached Garage
Home Design
- 2,604 Sq Ft Home
- Duplex
- Slab Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Kitchen
- Stove
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Lincoln Elementary School
- South Hills Middle School
- Canyon Ridge High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number RPT00010180060
Map
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 | $2,927 | $272,613 | $57,778 | $214,835 |
| 2024 | $2,927 | $272,613 | $57,778 | $214,835 |
| 2023 | $1,427 | $297,628 | $57,778 | $239,850 |
| 2022 | $1,697 | $302,419 | $46,854 | $255,565 |
| 2021 | $3,143 | $208,748 | $36,374 | $172,374 |
| 2020 | $2,595 | $170,081 | $31,183 | $138,898 |
| 2019 | $2,937 | $164,411 | $28,053 | $136,358 |
| 2018 | $1,122 | $119,784 | $21,892 | $97,892 |
| 2017 | $1,009 | $107,644 | $21,892 | $85,752 |
| 2016 | $1,034 | $103,126 | $0 | $0 |
| 2015 | $1,006 | $103,126 | $21,892 | $81,234 |
| 2012 | -- | $95,238 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/26/2026 02/26/26 | Price Changed | $358,000 | -1.9% | $137 / Sq Ft | |
| 01/15/2026 01/15/26 | For Sale | $365,000 | +26.3% | $140 / Sq Ft | |
| 09/24/2021 09/24/21 | Sold | -- | -- | -- | View Prior Sale |
| 08/21/2021 08/21/21 | Pending | -- | -- | -- | |
| 08/10/2021 08/10/21 | For Sale | $289,000 | 0.0% | $111 / Sq Ft | |
| 08/09/2021 08/09/21 | Off Market | -- | -- | -- | |
| 07/30/2021 07/30/21 | Price Changed | $289,000 | -2.2% | $111 / Sq Ft | |
| 07/15/2021 07/15/21 | For Sale | $295,500 | -- | $113 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Titleone Jerome | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,109 | FHA | |
| Previous Owner | $115,900 | New Conventional | |
| Previous Owner | $115,000 | New Conventional |
Source: Intermountain MLS
MLS Number: 98971820
APN: RPT00010180060A
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Ask me questions while you tour the home.