$330,000

520 Main St Challis, ID 83226

Estimated payment $1,915/month

Total Views 2,231
6 Beds
3 Baths
1,604 Sq Ft
$206 Price per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

What a wonderful opportunity to purchase multi-family living within the city limits of Challis! This property has endless possibilities! With 3 units, you can have the perfect investment property, or live in one unit and rent out the others to pay your own mortgage! The spot is also zoned commercial so you could live in one home and run your business out of another and rent the last unit as well! There is a common laundry area, so all three units have access to that as well as common area parking. Easy access to the mountains and walking the shops of main street in this cute town! Call today to schedule your showing!

Listing Agent

Lisa Parker

Silvercreek Realty Group License #SP43416 Listed on: 05/27/2025

Silvercreek Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1970

Lot Details

  • 10,324 Sq Ft Lot

Home Design

  • Triplex
  • Shake Roof
  • Wood Siding
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,604 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Challis 181El Elementary School
  • Challis 181Jh Middle School
  • Challis 181Hs High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units
  • Challis Townsite Cust Subdivision

Listing and Financial Details

  • Exclusions: Seller & Tenant Personal Property
  • The owner pays for insurance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,106

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Has Basement: Crawl Space
  • Inclusions: Washer & Dryer In Laundry Unit
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.237
  • Subdivision Name: Challis Townsite-Cust
  • Directions: from Highway 93 head east on Main Street until you pass the Post Office. The property is on your right.
  • Above Grade Finished Sq Ft: 1604
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Owner Pays: Insurance
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 1604

Exterior Features

  • Exclusions: Seller & Tenant Personal Property
  • Roof: Shake
  • View: No
  • Construction Type: Log, Log (Whole), Wood Siding
  • Foundation Details: Concrete Perimeter

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Natural Gas, Separate Heat
  • Electric: Separate Power Meters, Salmon River Electric
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Challis 181JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10323.72
  • Zoning Description: General Zoning: Commercial,Specific Zoning: Custer-Commercial
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable TV, Gas

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1105.9

Multi Family

  • Number Of Units Total: 3
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Challis 181EL
  • HighSchool: Challis 181HS

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,124 $176,100 $28,620 $147,480
2023 $1,124 $174,010 $28,620 $145,390
2022 $1,106 $139,740 $26,000 $113,740
2021 $1,055 $115,410 $21,580 $93,830
2020 $957 $112,380 $21,580 $90,800
2018 $919 $96,210 $21,580 $74,630
2017 $887 $96,210 $21,580 $74,630
2016 $888 $98,200 $21,580 $76,620
2015 $815 $98,200 $21,580 $76,620
2011 $663 $97,300 $21,580 $75,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $330,000 -- $206 / Sq Ft
Source: Snake River Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $112,500 Custer Cnty Title
Grant Deed $114,380 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Construction
Previous Owner $86,000 New Conventional
Closed $86,000 No Value Available
Source: Public Records

Source: Snake River Regional MLS

MLS Number: 2176850

Snake River Regional MLS

APN: RPA0001016005AA