350 E St Idaho Falls, ID 83402
Idaho Falls AreaEstimated payment $25,387/month
Highlights
- River Nearby
- Adjacent to Greenbelt
- Storage
- Property is near park and public transit
- No HOA
- 4-minute walk to Civitan Plaza
About This Home
The Wellington is a fully renovated 27-unit apartment building in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9' ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Great opportunity for investors seeking a solid 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B - Buyer to verify all info.
Listing Agent
Armstrong Flinders and Associates License #57598 Listed on: 04/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,599
Year Built
- Built in 1948 | Remodeled
Lot Details
- 17,860 Sq Ft Lot
- Lot Dimensions are 140 x 127
- Adjacent to Greenbelt
- Level Lot
Home Design
- Membrane Roofing
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- Ceiling Fan
- Storage
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 27 Bedrooms
- 27 Full Bathrooms
Parking
- 28 Parking Spaces
- Open Parking
- Off-Street Parking
Outdoor Features
- River Nearby
- Exterior Lighting
Location
- Property is near park and public transit
Schools
- Hawthorne 91El Elementary School
- Eagle Rock 91Jh Middle School
- Idaho Falls 91HS High School
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Mini Split Heat Pump
- Water Heater
Listing and Financial Details
- The owner pays for common area maintenance, insurance, grounds care, snow removal
Community Details
Overview
- No Home Owners Association
- 27 Units
- Railroad Addition Bon Subdivision
Amenities
- Community Storage Space
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,578 | $1,800,287 | $95,844 | $1,704,443 |
| 2024 | $18,731 | $1,800,287 | $95,844 | $1,704,443 |
| 2023 | $3,023 | $350,811 | $95,844 | $254,967 |
| 2022 | $4,057 | $1,638,292 | $95,844 | $1,542,448 |
| 2021 | $7,361 | $541,349 | $95,844 | $445,505 |
| 2019 | $8,735 | $448,091 | $95,844 | $352,247 |
| 2018 | $9,115 | $448,091 | $95,844 | $352,247 |
| 2017 | $9,021 | $448,091 | $95,844 | $352,247 |
| 2016 | $9,071 | $448,091 | $95,844 | $352,247 |
| 2015 | $3,984 | $389,374 | $95,844 | $293,530 |
| 2014 | $176,663 | $389,374 | $95,844 | $293,530 |
| 2013 | $7,744 | $389,374 | $95,844 | $293,530 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | Price Changed | $4,250,000 | -4.5% | $188 / Sq Ft |
| 04/07/2026 04/07/26 | For Sale | $4,449,000 | 0.0% | $197 / Sq Ft |
| 06/22/2023 06/22/23 | For Rent | $895 | 0.0% | -- |
| 06/19/2023 06/19/23 | For Rent | $895 | 0.0% | -- |
| 04/11/2023 04/11/23 | Price Changed | $895 | 0.0% | $2 / Sq Ft |
| 04/05/2023 04/05/23 | For Rent | -- | -- | -- |
| 03/22/2023 03/22/23 | For Rent | $895 | -- | -- |
Source: Snake River Regional MLS
MLS Number: 2185323
APN: RPA1980007009A
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.
Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.
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