$350,000

626 N Water Ave Idaho Falls, ID 83402

Estimated payment $2,057/month

Total Views 229
3 Beds
3 Baths
1,830 Sq Ft
$191 Price per Sq Ft

Highlights

  • Very Popular Property
  • Property is near a park
  • No HOA
  • River Nearby
  • Adjacent to Greenbelt
  • Many Trees

About This Home

Discover this incredible investment opportunity just minutes from downtown Idaho Falls shopping, the Snake River Greenbelt and local parks. This tri-plex offers reliable rental income and an unbeatable location. 3 Separate Units – Each with private entrances and unique layouts. Strong Rental History – Steady occupancy and income potential. Outdoor Space – Shared yard with mature trees & lawn. Whether you're a seasoned investor expanding your portfolio or looking for a property where you can live in one unit and rent the others, this tri-plex offers flexibility and long-term value. Schedule your private showing today!!

Listing Agent

Corey Cook

NextHome Advantage Realty License #SP51522 Listed on: 09/08/2025

NextHome Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Adjacent to Greenbelt
  • Level Lot
  • Many Trees

Home Design

  • 1,830 Sq Ft Home
  • Triplex
  • Frame Construction
  • Shake Roof
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Nearby

Location

  • Property is near a park
  • Property is near schools

Schools

  • Hawthorne 91El Elementary School
  • Rocky Mountain 93Jh Middle School
  • Idaho Falls 91HS High School

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 3 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Exclusions: Owner/Tenants Personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,303

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Has Basement: Unfinished
  • Inclusions: 3 Refrigerators, 3 Stoves/Ranges
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.16
  • Subdivision Name: Original Townsite
  • Directions: Hwy 20 to Northgate Mile, turn on Right on Boulevard Avenue. Turn Right on N. Water Avenue. Home is on the left.
  • Above Grade Finished Sq Ft: 1830
  • New Construction: No
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Appliances: Common Water Heaters, Refrigerator, Oven, Stove
  • Owner Pays: Common Area Maintenance, Insurance, Grounds Care, Electricity, Sewer, Snow Removal, Trash Collection, Water
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1830

Exterior Features

  • Exclusions: Owner/Tenants Personal Property
  • Roof: 3 Tab, Shake
  • View: None
  • Lot Features: Low Traffic, Near Green Belt, Near Mall/Shop, Near Park, Near Schools, Near Stream/River, Established Lawn, Many Trees, Level
  • View: No
  • Construction Type: Frame, Stucco, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Separate Heat
  • Electric: Common Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Rocky Mountain 93JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Zoning Description: General Zoning: Tn-Trad Neigh,Specific Zoning: Idaho Falls-Tn-Traditional Nbh

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2303

Multi Family

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

MLS Schools

  • Elementary School: Hawthorne 91EL
  • HighSchool: Idaho Falls 91HS

Map

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
09/08/2025 09/08/25 For Sale $350,000 -- $191 / Sq Ft
Source: Snake River Regional MLS

Source: Snake River Regional MLS

MLS Number: 2179424

Snake River Regional MLS

APN: RPA1740031005OA

Idaho Bonneville County Idaho Falls 83402

626 N Water Ave, Idaho Falls, ID

This home is located at 626 N Water Ave, Idaho Falls, ID 83402 and is currently priced at $350,000, approximately $191 per square foot. This property was built in 1915. 626 N Water Ave is a home located in Bonneville County with nearby schools including A.H. Bush Elementary School, Taylorview Middle School, and Idaho Falls Senior 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.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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Listing Agent
Corey Cook
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NextHome Advantage Realty
(208) 471-9405