350 E E Street, Idaho Falls ID 83402

Multi Family

$4,250,000

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Bedrooms

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. 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.

Want to see this one in person?

I’ll set up a showing and walk it with a builder’s eye.

Showing Request350 E E Street, Idaho Falls ID 83402

Prefer to call? (208) 206-2830

Listing 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.