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405 N 2nd E Mountain Home, ID $ 760,000
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405 N 2nd E
$ 760,000
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405 N 2nd E

Mountain Home, ID, 83647
$ 760,000
Bedrooms7 Baths1.0 Sq 4,284

Monthly Estimate*

$ 4,679

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Multi-Family Home for sale in Mountain Home, ID

for $760,000 with 7 bedrooms and 1 full bath. This 4,284 square foot home was built in 1895 on a lot size of 0.22.

Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. New boiler in December 2025. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed. Listing Agent is part-owner in property. Located across the street from the newly renovated Towne Center Apartments (formerly motel), a block from Albertson's, just east of the Railroad Park, the home of the Mountain Home Farmer's Market. Minutes from I-84 and Mountain Home Airforce Base.

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Multi-Family Active

Price

$ 760,000

Bedrooms

7

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,662

Style

Lot Size

0.22

Year Built

1895

Town/City

Mountain Home

County/Region

Elmore

MLS | Web ID

98973083
Features
General
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Sewer Connected
Roof Composition
Appliances Disposal (No Units)
HOA Fee 0
Construction Materials Frame
Year Built 1895
Property Subtype Apartment
Tax Year 2024
Current Use 5+ Units
Ownership Less Than Fee Simple
Gross Income 77430
County Elmore
Net Operating Income 55234
Operating Expense 22196
Property Type Residential Income
HOA true
Subdivision Name Mtn Home Twnst
Status New
Directions From I-84 to I-84BL E/old U.S. 30 in Elmore County and take exit 90 from I-84E. Follow I-84BL E to N 2nd E St/Old U.S. 30 W and turn left. Property on your left.
High School Mountain Home
City Mountain Home
High School District Mountain Home School District #193
Zoning Description C2
Number Of Units Total 8
MLS Area Mtn Home-Elmore - 1500
Lot Size Units Acres
Lot Size Square Feet 9583.2
Listing Terms Cash
Elementary School Mtn Home
Tax Annual Amount 1662
Middle/Junior High School Mtn Home
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Mountain Home School District #193
Elementary School District Mountain Home School District #193
Total Actual Rent 5783
Cap Rate 7.27
Legal Description See exhibit A - long legal in docs
LeasableAreaUnits Square Feet
Freehold IDX
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer/Dryer Hookups (No Units)
Total Bedrooms 7
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 8
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Exterior
Lot Features Standard Lot 6000-9999 SF
Water Source City Service
Total Parking 6
Lot Size Area 0.22
Building Area Total 4284
Lot Dimensions 119x81
Lot Size Acres 0.22
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* Excluded Features
List By
Gregory Davis

Listing Agent

Kw Commercial

Broker

gdaviscre@gmail.com

Email

Affordability Calculator

$4,818
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,679
Monthly Property Taxes
$139
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4021609 Elementary School
4020800 Middle School
Mountain Home High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/29/2026$760,000 Listed Price

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405 N 2nd E, Mountain Home, ID, 83647 is a Multi-Family Home for sale at $760,000 with 4,284 sqft and a lot size of 0.22. 405 N 2nd E has 7 bedrooms, 1.0 baths, and was built in 1895. The property's zip code is 83647 which is in Mountain Home, ID

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