405 N 2nd E Mountain Home, ID 83647
Estimated payment $4,042/month
Highlights
- Cooling System Mounted To A Wall/Window
- Vinyl Flooring
- Heating System Uses Natural Gas
- Wood Siding
About This Home
Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. New boiler in December 2025. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed. Listing Agent is part-owner in property. Located across the street from the newly renovated Towne Center Apartments (formerly motel), a block from Albertson's, just east of the Railroad Park, the home of the Mountain Home Farmer's Market. Minutes from I-84 and Mountain Home Airforce Base.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,662
Year Built
- Built in 1895
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 119x81
Parking
- 6 Parking Spaces
Home Design
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 4,284 Sq Ft Home
- Vinyl Flooring
- Stove
Bedrooms and Bathrooms
- 7 Bedrooms
- 8 Bathrooms
Schools
- Mtn Home Elementary And Middle School
- Mountain Home High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number RPA009000A022A
Community Details
Overview
- Property has a Home Owners Association
- 8 Units
Building Details
- Operating Expense $22,196
- Gross Income $77,430
- Net Operating Income $55,234
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 | $1,710 | $103,656 | $38,400 | $65,256 |
| 2024 | $1,710 | $94,524 | $35,200 | $59,324 |
| 2023 | $1,613 | $94,524 | $35,200 | $59,324 |
| 2022 | $1,635 | $94,524 | $35,200 | $59,324 |
| 2021 | $1,775 | $83,371 | $29,440 | $53,931 |
| 2020 | $1,921 | $83,371 | $29,440 | $53,931 |
| 2019 | $2,135 | $83,371 | $29,440 | $53,931 |
| 2018 | $2,299 | $83,371 | $29,440 | $53,931 |
| 2017 | $2,349 | $83,371 | $29,440 | $53,931 |
| 2016 | $2,352 | $83,371 | $29,440 | $53,931 |
| 2015 | -- | $0 | $0 | $0 |
| 2012 | -- | $83,331 | $29,400 | $53,931 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2026 01/29/26 | For Sale | $760,000 | +253.5% | $177 / Sq Ft | |
| 06/16/2020 06/16/20 | Sold | -- | -- | -- | View Prior Sale |
| 04/20/2020 04/20/20 | Pending | -- | -- | -- | |
| 04/11/2020 04/11/20 | For Sale | $215,000 | 0.0% | $50 / Sq Ft | |
| 04/11/2020 04/11/20 | Price Changed | $215,000 | +5.9% | $50 / Sq Ft | |
| 03/11/2020 03/11/20 | Price Changed | $203,000 | -18.1% | $47 / Sq Ft | |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- | |
| 01/24/2020 01/24/20 | For Sale | $248,000 | 0.0% | $58 / Sq Ft | |
| 10/25/2019 10/25/19 | Pending | -- | -- | -- | |
| 10/22/2019 10/22/19 | Price Changed | $248,000 | -7.1% | $58 / Sq Ft | |
| 10/13/2019 10/13/19 | Price Changed | $267,000 | -4.3% | $62 / Sq Ft | |
| 10/01/2019 10/01/19 | Price Changed | $279,000 | -3.5% | $65 / Sq Ft | |
| 09/20/2019 09/20/19 | For Sale | $289,000 | 0.0% | $67 / Sq Ft | |
| 09/20/2019 09/20/19 | Price Changed | $289,000 | -6.5% | $67 / Sq Ft | |
| 09/13/2019 09/13/19 | Pending | -- | -- | -- | |
| 09/11/2019 09/11/19 | For Sale | $309,000 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Empire Title Llc | |
| Warranty Deed | -- | Pioneer Title Co | |
| Warranty Deed | -- | Pioneer Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Stand Alone Second | |
| Previous Owner | $114,400 | Construction | |
| Previous Owner | $80,000 | Commercial |
Source: Intermountain MLS
MLS Number: 98973083
APN: RPA009000A022AA
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Ask me questions while you tour the home.