48
  • Property Type
  • Single Family Residence, Residential
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2.0
  • Garages
  • 1150 sqft
  • Area Size

250 N 200 W , Downey, ID 83234

  • $319,000

Description

TURNKEY INCOME PROPERTY – 3 RENTAL UNITS WITH TENANTS IN PLACE! Investors, take a look at this income-producing opportunity at 798 Garfield St in Idaho Falls. All three units are currently rented at $850, $800 & $1,100 per month, generating $2,750/month or $33,000 in annual gross rental income from day one. Existing tenants provide immediate income without the expense and downtime of filling vacant units. Situated on a large 0.41-acre lot, this property offers something increasingly difficult to find in an established Idaho Falls location: rental income plus substantial outdoor space for tenants. The property is turnkey and already producing, making it an attractive addition to an investor’s rental portfolio. Whether you’re looking to expand an existing portfolio, purchase your first multi-unit investment, or secure a property with established rental history, this one deserves a closer look. Three income streams. Tenants already in place. $33,000 annual gross rent. Large lot. Turnkey investment.

  • Address: 250 N 200 W
  • City: Downey
  • State/county: ID
  • Zip/Postal Code: 83234
  • Country: US

Details

Updated on October 28, 2026 at 12:41 am
  • Property ID 2177619
  • Price $319,000
  • Property Size 1150 sqft
  • Land Area 0.29 sqft
  • Bedrooms 3
  • Rooms 5
  • Bathrooms 2
  • Garages 2.0
  • Garage Size x x
  • Year Built 2023
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional, FHA
  • Roof Asphalt
  • Cooling Central Air
  • Heating Forced Air,Propane
  • County Bannock
  • Property Type Residential
  • Elementary School Downey
  • Middle School Marsh Valley
  • High School Marsh Valley
  • Architectural Style Rambler/Ranch

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