**INVESTMENT OPPORTUNITY IN TWIN FALLS!** This income-producing 4-plex offers an excellent opportunity for investors seeking steady rental income and future flexibility. All four units are currently occupied by long-term tenants, providing immediate income and an established rental history. Each unit features washer/dryer hookups for added tenant convenience. The three main units share the same utility meters, while the rear unit has its own power meter and pays its own electricity. Looking for additional income potential? The property was previously operated as short-term rentals, offering the possibility to explore returning to that model, or be utilized for generational living. The option to have the three main units converted to one home is also a possibility. With four occupied units, desirable amenities, and multiple rental strategies to consider, this property is a great opportunity to build or expand your investment portfolio. **Steady income today with potential for tomorrow!**
Active
$594,900
1403 8th Ave E, Twin Falls, ID 83301
5beds
4baths
3,004sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$573,400 Zestimate®
$198/sqft
$-- HOA
What's special
- 41 days
- 229
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Veronica Xander Main:208-733-5336,
Berkshire Hathaway HomeServices Idaho Homes & Properties
Source: IMLS,MLS#: 98998602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric, Forced Air, Natural Gas, Fireplace(s)
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
- Laundry: In Unit
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
- Flooring: Laminate
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 3,004
- Total interior livable area: 3,004 sqft
Property
Parking
- Total spaces: 5
- Parking features: Two Car, Detached, RV Access/Parking, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Fencing: Partial
Lot
- Features: 10000SF - .49, Garden
Details
- Parcel number: RPT3581085001A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Twin Falls
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $338,743
- Annual tax amount: $3,636
- Date on market: 8/25/2026
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Fee Simple
- Total actual rent: 5150
Estimated market value
$573,400
$545,000 - $602,000
$1,329/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,637 0% | $338,743 |
| 2024 | $3,638 -6.9% | $338,743 -8.8% |
| 2023 | $3,906 -5.7% | $371,585 -40.7% |
| 2022 | $4,144 +1.1% | $626,703 +32.8% |
| 2021 | $4,099 +22.9% | $471,896 +24.1% |
| 2020 | $3,335 -3.5% | $380,127 +5.3% |
| 2019 | $3,457 +17.4% | $360,854 +15.4% |
| 2018 | $2,943 | $312,719 +16.4% |
| 2017 | $2,943 +1.6% | $268,573 +85.7% |
| 2016 | $2,898 | $144,593 |
| 2015 | $2,898 | $144,593 +5.3% |
| 2012 | $2,898 | $137,331 -8.7% |
| 2011 | -- | $150,385 -1% |
| 2010 | -- | $151,869 |
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: 83301
Nearby schools
Schools provided by the listing agent
- Elementary: Morningside
- Middle: OLeary
- High: Twin Falls
- District: Twin Falls School District #411
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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