Income-producing investment in Idaho Falls! This unique property features two dwellings on one lot with a total of 4 rental units, each with its own private entrance, and all currently fully occupied. Producing approximately $5,050 per month with a long history of consistent occupancy, this is an excellent turnkey investment. No seller financing. The front home features an upper 2-bedroom unit with an additional finished bonus/flex room currently used as a primary bedroom, along with a recently remodeled basement 2-beds, 2 bathrooms. The second dwelling offers 1-bedroom upper and lower units, with the lower unit recently remodeled and including an additional finished flex room that provides extra usable living space. Recent improvements include a new community laundry room equipped with two washers and two dryers, providing added convenience for tenants. The back dwelling also includes its own washer and dryer. The property features two separate fenced yards, separate driveways for each dwelling, and private entrances for every unit, offering privacy and convenience for residents. The current owner has successfully owned and operated the property for approximately 20 years. The property is serviced by Idaho Falls Power. Tenants pay their own utilities and maintenance.
For sale
Price cut: $3K (6/11)
$517,000
133 E 21st St, Idaho Falls, ID 83404
6beds
3,800sqft
Quadruplex
Built in 1975
-- sqft lot
$512,700 Zestimate®
$136/sqft
$-- HOA
What's special
Two separate fenced yards
- 101 days |
- 370 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Steven Phaysounlaphong 801-726-4736,
Silvercreek Realty Group
Source: SRMLS,MLS#: 2186082
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric, Natural Gas, Forced Air, Ductless, Mini Split, Central H/A, Fireplace(s), Separate Heat
Cooling
- Central Air, Ductless, Mini Split
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
- Laundry: Common Area, Laundry Included, Laundry Hookups
Features
- Newly Renovated, Storage
- Basement: Daylight,Finished
- Has fireplace: Yes
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
- Finished area above ground: 2,238
- Finished area below ground: 1,102
Property
Parking
- Total spaces: 2
- Parking features: Garage, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: RPA03200
- Zoning description: General Zoning: Commercial Rg-Com,Specific Zoning: Idaho Falls-R1 Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block, Frame, Primary Exterior Material: Brick, Primary Exterior Material: Metal Siding, Primary Exterior Material: Stone, Primary Exterior Material: Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Idaho Falls Power, Separate Power Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Additional Storage, Gated, Sidewalks
- Subdivision: Brodbecks-Bon
HOA
- Has HOA: No
Location
- Region: Idaho Falls
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $386,301
- Annual tax amount: $3,712
- Date on market: 5/5/2026
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Inclusions: Fixtures And Improvements Owned By Seller, If Any.
- Exclusions: All Tenants' Personal Property. Any Items Not Owned By Seller Are Excluded.
- Total actual rent: 52800
- Tenant pays: Cable TV, Common Area Maintenance, Gas, Insurance, Grounds Care, Electricity, Sewer, Snow Removal, Trash Collection, Water, None, Other
Estimated market value
Zestimate®
$512,700
Estimated sales range
$487,000 - $538,000
Rent Zestimate®
$1,528/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for rent | $1,200+20% |
Source: Zillow Rentals Report a problem | ||
| 6/11/2026 | Price change | $517,000-0.6%$136/sqft |
Source: | ||
| 5/29/2026 | Listed for sale | $520,000$137/sqft |
Source: | ||
| 5/8/2026 | Pending sale | $520,000$137/sqft |
Source: | ||
| 5/5/2026 | Listed for sale | $520,000$137/sqft |
Source: | ||
| 3/5/2026 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 10/26/2025 | Price change | $1,000-16.7% |
Source: Zillow Rentals Report a problem | ||
| 9/10/2025 | Price change | $1,200-17.2% |
Source: Zillow Rentals Report a problem | ||
| 5/10/2025 | Price change | $1,450+11.5% |
Source: Zillow Rentals Report a problem | ||
| 2/13/2025 | Listed for rent | $1,300+30% |
Source: Zillow Rentals Report a problem | ||
| 12/24/2024 | Listing removed | $1,000-16.7% |
Source: Zillow Rentals Report a problem | ||
| 12/12/2024 | Listed for rent | $1,200-20% |
Source: Zillow Rentals Report a problem | ||
| 10/9/2024 | Listing removed | $1,500-6.3% |
Source: Zillow Rentals Report a problem | ||
| 10/7/2024 | Listed for rent | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 1/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/14/2023 | Price change | $1,600-11.1% |
Source: Zillow Rentals Report a problem | ||
| 11/18/2023 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 10/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/2/2023 | Listed for rent | $1,800+132.3% |
Source: Zillow Rentals Report a problem | ||
| 12/6/2011 | Listing removed | $775 |
Source: RentalHunt.com #214157 Report a problem | ||
| 11/24/2011 | Listed for rent | $775 |
Source: RentalHunt.com #214157 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,713 -7.1% | $386,301 +2.9% |
| 2024 | $3,997 -25.2% | $375,553 -13.9% |
| 2023 | $5,344 +53.4% | $435,960 -6% |
| 2022 | $3,484 +28.9% | $463,862 +103.3% |
| 2021 | $2,702 -14% | $228,112 +20% |
| 2020 | $3,142 +16.3% | $190,149 +4.1% |
| 2019 | $2,702 -14% | $182,699 +4.9% |
| 2018 | $3,142 +16.3% | $174,211 +17.2% |
| 2017 | $2,701 +8% | $148,663 +3.7% |
| 2016 | $2,501 | $143,313 +9.2% |
| 2015 | $2,501 +0.6% | $131,203 |
| 2014 | $2,486 | $131,203 -9.6% |
| 2013 | -- | $145,082 +1.9% |
| 2012 | -- | $142,432 +5.6% |
| 2011 | $2,634 -4.3% | $134,862 -8.9% |
| 2010 | $2,752 +13.4% | $148,079 +5.4% |
| 2009 | $2,428 | $140,479 |
| 2007 | -- | -- |
| 2005 | $2,726 +43.9% | -- |
| 2004 | $1,894 -1.3% | -- |
| 2003 | $1,919 -1.4% | -- |
| 2002 | $1,947 -0.3% | -- |
| 2000 | $1,952 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83404
Nearby schools
GreatSchools rating
- 4/10Hawthorne Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 5/10Taylorview Junior High SchoolGrades: 7-8Distance: 1.4 mi
- 6/10Idaho Falls Senior High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: LONGFELLOW 91EL
- Middle: TAYLOR VIEW 91JH
- High: IDAHO FALLS 91HS
Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $517,0006 bd5 ba3.8k sqft133 E 21st St #4, Idaho Falls, ID 83404For Sale
Save 
- $--4 bd2 ba2k sqft115 E 21st St, Idaho Falls, ID 83404Sold
Save 
- $349,4004 bd1 ba2.1k sqft141 E 21st St, Idaho Falls, ID 83404Off Market
Save - $356,8003 bd2 ba2.5k sqft2095 South Blvd, Idaho Falls, ID 83401Off Market
Save - $292,4003 bd2 ba1.6k sqft145 E 21st St, Idaho Falls, ID 83404Off Market
Save - $289,8003 bd1 ba1.8k sqft2065 South Blvd, Idaho Falls, ID 83401Off Market
Save - $299,4002 bd2 ba1.1k sqft134 E 20th St, Idaho Falls, ID 83404Off Market
Save - $358,1004 bd1 ba2.7k sqft130 E 21st St, Idaho Falls, ID 83404Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.


