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Twin Falls, ID Multifamily Homes & Duplexes for Sale

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  • /46

    $519,900

    • 3 Beds
    • 4 Baths
    • 2,452 Sq Ft

    286 River Vista Place, Twin Falls, ID 83301

    One-of-a-kind luxury townhome nestled along the breathtaking Snake River Canyon. Enjoy panoramic canyon views or step outside for a scenic walk along the Canyon Rim Trail just moments from your door. This thoughtfully designed property offers exceptional versatility and comfort. The light-filled primary suite features vaulted ceilings with expansive windows, creating a serene retreat. Unwind in

    Jesse Sutherland TOK Boise, LLC

    286 River Vista Place, Twin Falls, ID 83301
  • /3

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,708 Sq Ft

    1013 Lemhi Cir, Twin Falls, ID 83301

    Donna Hall 208 Real Estate, LLC - Twin Falls

    1013 Lemhi Cir, Twin Falls, ID 83301
  • /39

    $355,000

    • 4 Beds
    • 2 Baths
    • 2,604 Sq Ft

    242 8th Ave E, Twin Falls, ID 83301

    Located in the heart of downtown Twin Falls, this versatile property offers a rare opportunity for both owner-occupants and investors. Live comfortably in the main home while generating rental income from the basement unit, or add a strong performer to your investment portfolio. Major updates include a new roof (2021), electrical upgrades (2021), and new AC (2022), providing peace of mind for

    Mikahla Shook Coldwell Banker Distinctive Properties

    242 8th Ave E, Twin Falls, ID 83301
  • /35

    $209,000

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    319 Jackson St, Twin Falls, ID 83301

    NEW CARPET!! Cute starter home or investment. Move in ready. Recently painted both interior and exterior. Garage exterior has also been recently painted. New roof on garage in 2024. Unfinished basement provides lots of storage. 1 car garage with extra room for shop projects. Potential for alley access and additional parking. Has been a rental property for over 20 years. Great rental history.

    Matthew Smith Gem State Realty Inc

    319 Jackson St, Twin Falls, ID 83301
  • /27

    $500,000

    • 7 Beds
    • 5 Baths
    • 2,970 Sq Ft

    195 Washington St N, Twin Falls, ID 83301

    Triplex Investment Opportunity Near the College of Southern Idaho! Recent upgrades include a NEW Roof, Furnace, A/C, and ALL Bathrooms Remodeled in the main home. PLUS!! The middle unit had a Full Remodel. Located in Central Twin Falls, ZONED COMMERCIAL, and grandfathered in for Residential. This property is well-positioned for consistent tenant demand and long-term growth. This versatile triplex

    Aaron Miskin Keller Williams Sun Valley Southern Idaho

    195 Washington St N, Twin Falls, ID 83301
  • /22

    $620,000

    • 5 Beds
    • 4 Baths
    • 3,135 Sq Ft

    413 & 415 3rd Ave N, Twin Falls, ID 83301

    Step into a smart addition to your investment portfolio with this well-maintained 4-plex located in the bustling heart of Downtown Twin Falls. This income-producing property is a turnkey opportunity for savvy investors seeking consistent returns and long-term growth potential. Gross Income $61,200 Key Features: Updated Systems: Newer gas furnace and central AC in the front home, reducing

    Ben Ramirez Berkshire Hathaway HomeServices Idaho Homes & Properties

    413 & 415 3rd Ave N, Twin Falls, ID 83301
  • /29

    $500,000

    • 6 Beds
    • 5 Baths
    • 3,288 Sq Ft

    330 2nd Ave N, Twin Falls, ID 83301

    Great Investment opportunity in Downtown Twin Falls. 5 unit complex with good rental history. All 5 units have baseboard heat. Unit 5 has the driveway, other tenants on alley parking or street parking. Units 1, 2, and 3 are vacant and can be shown anytime until they are leased out. Units 4 and 5 can be viewed after offer acceptance. All 5 units have a video online you can search for. #4 currently

    Victor Sutherland Idaho Falls Real Estate Investment Brokerage Corporation

    330 2nd Ave N, Twin Falls, ID 83301
  • /50

    $750,000

    • 6 Beds
    • 6 Baths
    • 2,924 Sq Ft

    893 Shadowleaf Ave, Twin Falls, ID 83301

    Turn-key duplex investment opportunity in desirable Broadmoor subdivision! This fully furnished residential income property is an established short-term rental currently operating as a successful Airbnb. With approximately $82,000 in gross income in 2025, this property offers immediate cash flow and a proven rental history for investors. Each side of the duplex is thoughtfully furnished and

    Ryleigh Martin Super Realty of Idaho

    893 Shadowleaf Ave, Twin Falls, ID 83301
  • /49

    $498,000

    • 5 Beds
    • 3 Baths
    • 3,320 Sq Ft

    661 2nd Ave N, Twin Falls, ID 83301

    Exceptional residential income opportunity in the heart of Downtown Twin Falls, just blocks from events, shopping, and local eateries. This fully revitalized vintage property blends timeless character with strong rental potential. Extensive updates include electrical, plumbing, HVAC, roof, stucco, and high-end interior finishes, offering peace of mind for years to come. Original stained-glass

    Gary Shook Coldwell Banker Distinctive Properties

    661 2nd Ave N, Twin Falls, ID 83301
  • /21

    $669,000

    • 4 Beds
    • 5 Baths
    • 3,116 Sq Ft

    412 Main Ave N, Twin Falls, ID 83301

    This one feels historic but urban and modern. It's charming. AND it's unlike any others of its kind. Every unit has been remodeled with a flare and its own vibe. Major improvements include but are not limited to new seals on metal roof and fresh, brand new vinyl windows in every unit, new oversized electrical panel with 3 meters, new main sewer line, fresh exterior paint, brand new soffit facia

    Stephanie Claar Westerra Real Estate Group

    412 Main Ave N, Twin Falls, ID 83301
  • /19

    $399,900

    • 5 Beds
    • 3 Baths
    • 2,560 Sq Ft

    1644 Addison Ave E, Twin Falls, ID 83301

    Prime opportunity in the heart of Twin Falls! Located at 1644 Addison Ave E, this versatile property is currently configured and operating as a duplex, offering immediate income potential for investors. Each unit provides separate living space, making it an excellent option for rental income or multi-unit living. What truly sets this property apart is its commercial zoning and exceptional

    Corey Robinson Berkshire Hathaway HomeServices Idaho Homes & Properties

    1644 Addison Ave E, Twin Falls, ID 83301
  • /45

    $1,620,000

    • 16 Beds
    • 8 Baths
    • 9,092 Sq Ft

    259 Pheasant Rd W, Twin Falls, ID 83301

    Nine individual units being offered in bulk sale. There are (3) 2 bedroom 1 level units, (5) 2 bedroom 2 level units, (1) 3 bedroom 1.5 bath 2 level unit. See addendum for breakdown on rents and lease status. These units each have there own parcel number which could be ideal as an exit strategy in the future. We have included interior pictures of 3 units. NEW ROOFS on all units. Some of these

    Walt Hess Gem State Realty Inc

    259 Pheasant Rd W, Twin Falls, ID 83301
  • /14

    $694,900

    • 6 Beds
    • 4 Baths
    • 2,600 Sq Ft

    720 Shadowleaf Ave, Twin Falls, ID 83301

    Discover unparalleled investment opportunity with this spacious duplex offering 6 bedrooms and 4 bathrooms across 2,600 square feet of thoughtfully designed living space. Each unit comes fully equipped with stove, dishwasher, microwave, refrigerator, washer, dryer, and window treatments for move-in ready convenience. Ideally situated near St. Lukes Hospital and just a short distance from Canyon

    Jackie Metzger Silvercreek Realty Group

    720 Shadowleaf Ave, Twin Falls, ID 83301
  • /18

    $729,000

    • 8 Beds
    • 8 Baths
    • 3,840 Sq Ft

    2140 Elizabeth Blvd, Twin Falls, ID 83301

    Wonderful turnkey investment opportunity located in SE sector of Twin Falls! This secluded, tree-lined subdivision is very close to schools, shopping, parks, churches, and city amenities, making it ideal for low tenant turnover. All 4 units are currently occupied. 2 units are on one-year leases; 2 are on month-to-month. Great income-producing property with immediate, stable cash flow and solid

    Jordon Sorensen Equity Northwest Real Estate - Southern Idaho

    2140 Elizabeth Blvd, Twin Falls, ID 83301

Why Live in Twin Falls

Twin Falls captivates residents with Shoshone Falls, known as the "Niagara of the West," which reaches peak flows during spring months. The iconic Perrine Bridge draws spectators who watch BASE jumpers leap into the Snake River Canyon, while the paved Canyon Rim Trail system provides scenic views for walking and biking. Outdoor recreation extends to Dierkes Lake Park for swimming and hiking, plus Centennial Waterfront Park for river activities. The culinary scene features upscale dining at Elevation 486 with canyon views, local craft beer at Koto Brewing Company, and diverse options at 2nd South Market food hall.

The Twin Falls housing market currently has approximately 300 homes available for sale, ranging from $210,000 to $1,173,000. The median sale price sits at $364,300, with median townhome prices at $360,000 and single family homes at $379,000. Two bedroom condos have a median price of $209,700. Property taxes in Twin Falls County maintain a 0.67% effective rate, while Idaho applies a 6% state sales tax plus 0.03% local tax.

The overall cost of living runs 5.2% above the national average. A family with school age children should earn $115,000 annually to live comfortably, budgeting $25,000 yearly for housing and $19,000 for groceries. Renters need approximately $63,000 annual income, with $26,000 allocated to housing and $8,000 to groceries. Gasoline costs $3.692 per gallon, 14% above the national average of $3.243. The semi arid climate brings hot, dry summers reaching the 90s Fahrenheit and cold winters averaging 20 to 40 degrees, with around 200 sunny days annually.

Home Trends in Twin Falls, ID

Housing Trends

Median Sale Price
$77,500
Median Single Family Sale Price
$77,500
Average Price Per Sq Ft
$72
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$92,500
Median Change From 1st List Price
20%
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