350 E E Street, Idaho Falls ID 83402
Multi Family
$4,250,000
27
Bedrooms
27
Bathrooms
22,578
Sq Ft
1948
Year Built
0.41
Acres
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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Ask about this homeListing courtesy of Armstrong Flinders and Associates. Data courtesy of Snake River Regional MLS. Information deemed reliable but not guaranteed and should be independently verified. Equal Housing Opportunity.