NOT LISTED FOR SALE

321 2nd Ave N Twin Falls, ID 83301

Estimated Value: $354,000 - $490,000

4 Beds
5 Baths
3,784 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 31, 2023

Current estimated payment $2,479/month

91 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • Heating System Uses Natural Gas

About This Home

As of August 2023

This commercially zoned building with 5 apartments with a total of 3784 sq. ft. is up for sale. This complex is located within a few blocks from Twin Fall's downtown area. All five units are fully rented. The vacancy rate is minimal in this building given its location. The rental amount includes all utilities, and there is a potential to raise the rent amount. information, feel free to reach out to your agent or reach out to me.

Last Agent to Sell the Property

Chandra Upreti

Silvercreek Realty Group Listed on: 04/25/2023

Silvercreek Realty Group

Last Buyer's Agent

Corey Robinson

Berkshire Hathaway HomeServices Idaho Homes & Properties

Berkshire Hathaway HomeServices Idaho Homes & Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1906

Lot Details

  • 9,583 Sq Ft Lot
  • Property is Fully Fenced
  • Wire Fence

Home Design

  • 3,784 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • RV Access or Parking

Schools

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

Additional Features

  • Stove
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $3,325
  • Assessor Parcel Number RPT0001084010A

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $11,541
  • Net Operating Income $28,359

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,011

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • CapRate: 8.1
  • Ownership: Fee Simple
  • Subdivision Name: Twin Falls Golden Rule Addition
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Natural Gas
  • Appliances: Stove/Range (All Units), Refrigerator (All Units)
  • Total Bedrooms: 4
  • Living Area: 3784

Exterior Features

  • Roof: Composition
  • Fencing: Full, Wire
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 6

Utilities

  • Electric: 2150
  • Water Source: City Service
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

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

Lot Info

  • Lot Features: 10000SF - .49, R.V. Parking
  • Parcel Number: RPT0001084010A
  • Current Use: 5+ Units
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2011.2

Multi Family

  • Number Of Units Total: 5
  • Property Net Operating Income: 28359
  • Annual Operating Expense: 11541
  • Total Actual Rent: 3325
  • Above Grade Finished Area Units: Square Feet

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
08/31/2023 08/31/23 Sold -- -- --
07/25/2023 07/25/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $349,900 -18.6% $92 / Sq Ft
06/29/2023 06/29/23 For Sale $429,900 0.0% $114 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $429,900 -6.5% $114 / Sq Ft
04/25/2023 04/25/23 For Sale $459,900 -- $122 / Sq Ft
Source: Intermountain MLS

Tax History Compared to Growth

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 $3,569 $332,348 $52,959 $279,389
2023 $3,749 $358,477 $52,959 $305,518
2022 $4,105 $358,477 $52,959 $305,518
2021 $2,026 $270,395 $39,844 $230,551
2020 $2,011 $131,833 $39,844 $91,989
2019 $2,355 $131,798 $39,844 $91,954
2018 $2,344 $124,057 $40,429 $83,628
2017 $2,199 $117,331 $40,429 $76,902
2016 $2,049 $102,207 $0 $0
2015 $1,993 $102,207 $35,156 $67,051
2012 -- $128,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chandra Upreti

    Seller's Agent in 2023

    Chandra Upreti

    Silvercreek Realty Group

    (208) 410-3864

    128 Total Sales

    Chandra Upreti
    Section Image
  • Corey Robinson

    Buyer's Agent in 2023

    Corey Robinson

    Berkshire Hathaway HomeServices Idaho Homes & Properties

    (208) 201-6320

    87 Total Sales

    Corey Robinson
    Section Image
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Map

Source: Intermountain MLS

MLS Number: 98875202

Intermountain MLS

APN: RPT0001084010AA

Idaho Twin Falls County Twin Falls 83301

321 2nd Ave N, Twin Falls, ID

This home is located at 321 2nd Ave N, Twin Falls, ID 83301 since 25 April 2023 and is currently estimated at $411,550, approximately $108 per square foot. This property was built in 1906. 321 2nd Ave N is a home located in Twin Falls County with nearby schools including Lincoln Elementary School, South Hills Middle 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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