413 & 415 3rd Ave N Twin Falls, ID $ 620,000
413 & 415 3rd Ave N
$ 620,000
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413 & 415 3rd Ave N

Twin Falls, ID, 83301
$ 620,000
Bedrooms5 Baths1.0 Sq 3,135

Monthly Estimate*

$ 3,868

413 & 415 3rd Ave N, Twin Falls, ID 83301 - Image 1
413 & 415 3rd Ave N, Twin Falls, ID 83301 - Image 2
413 & 415 3rd Ave N, Twin Falls, ID 83301 - Image 3
413 & 415 3rd Ave N, Twin Falls, ID 83301 - Image 4

Multi-Family Home for sale in Twin Falls, ID

for $620,000 with 5 bedrooms and 1 full bath. This 3,135 square foot home was built in 1937 on a lot size of 0.21.

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 maintenance costs and ensuring tenant satisfaction. Desirable Location: Centrally located near downtown attractions, dining, and activities, with easy access to other key destinations across Twin Falls. Tenant Appeal: Mature trees, attractive landscaping, and a welcoming environment make this property highly rentable. Whether you're looking to diversify your portfolio or secure a high-demand rental asset, this property is poised to deliver strong ROI. Don’t miss your chance to capitalize on this exceptional opportunity!

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Multi-Family Active

Price

$ 620,000

Bedrooms

5

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,656

Style

Lot Size

0.21

Year Built

1937

Town/City

Twin Falls

County/Region

Twin Falls

MLS | Web ID

98931852

Features
General
Heating Forced Air
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Appliances Disposal (No Units)
HOA Fee 0
Gas Y/N Unit 1 Separate Meter
Year Built 1937
Electric 1500
Property Subtype Quadruplex
Tax Year 2023
Current Use 5+ Units
Ownership Fee Simple
County Twin Falls
Operating Expense 3600
Property Type Residential Income
Subdivision Name 0 Not Applic.
Status Active
Directions Addison to Derkies St N south to 3rd east to house.
High School Canyon Ridge
City Twin Falls
High School District Twin Falls School District #411
Zoning Description R-6 Residential Multi-Hou
Number Of Units Total 0
MLS Area Twin Falls - 2015
Lot Size Units Acres
Lot Size Square Feet 9147.6
Listing Terms Cash
Elementary School Lincoln
Tax Annual Amount 2656.04
Middle/Junior High School South Hills
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Twin Falls School District #411
Elementary School District Twin Falls School District #411
Total Actual Rent 5100
Cap Rate 8.9
Legal Description Twin Falls Townsite Final & Amd All Lot 6; Nw 1/2 Lot 7 Block 68 (16-10-17)
LeasableAreaUnits Square Feet
Freehold IDX
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Interior
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer/Dryer Hookups (No Units)
Total Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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Exterior
Lot Features 10000SF - .49
Water Source City Service
Total Parking 5
Lot Size Area 0.21
Foundation Details Crawl Space
Building Area Total 3135
Lot Size Acres 0.21
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* Excluded Features
List By
Ben Ramirez

Listing Agent

Berkshire Hathaway Homeservices Idaho Homes & Properties

Broker

ben@ownidahorealty.com

Email

Affordability Calculator

$4,089
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,868
Monthly Property Taxes
$221
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
397788 Elementary School
1941349 Middle School
Canyon Ridge High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$620,000 -8.15% Price Down
9/17/2025$675,000 Listed Price

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413 & 415 3rd Ave N, Twin Falls, ID, 83301 is a Multi-Family Home for sale at $620,000 with 3,135 sqft and a lot size of 0.21. 413 & 415 3rd Ave N has 5 bedrooms, 1.0 baths, and was built in 1937. The property's zip code is 83301 which is in Twin Falls, ID