350 E Street, Idaho Falls, ID 83402
Local realty services provided by:CENTURY 21 High Desert
350 E Street,Idaho Falls, ID 83402
$4,449,000
- 27 Beds
- 27 Baths
- 22,578 sq. ft.
- Multi-family
- Active
Listed by: matthew flinders
Office: armstrong flinders and associates
MLS#:2185323
Source:ID_SRMLS
Price summary
- Price:$4,449,000
- Price per sq. ft.:$197.05
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.
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Home facts
- Year built:1948
- Listing ID #:2185323
- Added:16 day(s) ago
- Updated:April 15, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:27
- Total bathrooms:27
- Full bathrooms:27
- Basement Description:Full, Partially Finished
- Living area:22,578 sq. ft.
Heating and cooling
- Cooling:Mini Split
- Heating:Heat Pump, Mini Split
Structure and exterior
- Roof:Membrane
- Year built:1948
- Building area:22,578 sq. ft.
- Lot area:0.41 Acres
- Construction Materials:Stucco
- Foundation Description:Concrete Perimeter
Schools
- High school:IDAHO FALLS 91HS
- Middle school:EAGLE ROCK 91JH
- Elementary school:HAWTHORNE 91EL
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,449,000
- Price per sq. ft.:$197.05
- Tax amount:$24,599 (2025)
Parking
- Parking description:Asphalt, Concrete
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