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  • Price cut: $15.1K (6/3)
    $339,900

    242 8th Ave E, Twin Falls, ID 83301

    4beds
    2baths
    2,604sqft
    : 
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    Single Family Residence
    Built in 1920
    6,229 Square Feet Lot
    $332,500 Zestimate®
    $131/sqft
    $-- HOA

    What's special

    Fully equipped basement unitMain-floor primary bedroomLovely kitchen
    2 UNIT DWELLING!! Located in the heart of downtown Twin Falls, this versatile property offers a rare opportunity for both owner-occupants and investors. Live comfortably in the main home while generating rental income from the basement unit, or add a strong performer to your investment portfolio. Major updates include a new roof (2021), electrical upgrades (2021), and new AC (2022), providing peace of mind for years to come. The main residence is filled with abundant natural light and features a main-floor primary bedroom, a lovely kitchen, and a formal dining area perfect for everyday living or entertaining. Downstairs, the fully equipped basement unit offers a private entrance, full kitchen, living room, bedroom, and bathroom, creating a separate living space. Whether you’re looking to offset your mortgage or invest in downtown living, this property delivers flexibility, function, and long-term potential!
    38 days
    |
    1,850
    |
    129
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mikahla Shook Main:208-734-6500,

    Coldwell Banker Distinctive Properties,

    Gary Shook 208-539-7027,

    Coldwell Banker Distinctive Properties

    Source: IMLS,MLS#: 98989242MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Lower
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater, Tank Water Heater, Dishwasher, Oven/Range Freestanding, Refrigerator, Washer, Dryer
      Features
      • Bed-Master Main Level, Formal Dining, Two Kitchens, Pantry, Granite Counters, Laminate Counters, Number of Baths Main Level: 1, Number of Baths Below Grade: 1
      • Flooring: Hardwood, Tile, Carpet, Laminate, Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,604
      • Total interior livable area: 2,604 sqft
      • Finished area above ground: 1,551
      • Finished area below ground: 1,053

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, RV Access/Parking, Alley Access, Driveway
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Two Story w/ Below Grade
      • Fencing: Partial,Metal,Wood
      Lot
      • Size: 6,229 Square Feet
      • Features: Standard Lot 6000-9999 SF, Garden, Sidewalks, Auto Sprinkler System
      Details
      • Additional structures: Separate Living Quarters
      • Parcel number: RPT00010180060

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1920

      Utilities & green energy

      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Location
      • Region: Twin Falls

      Financial & listing details

      • Price per square foot: $131/sqft
      • Tax assessed value: $272,613
      • Annual tax amount: $2,927
      • Date on market: 6/5/2026
      • Listing terms: Cash,Conventional,FHA
      • Ownership: Fee Simple
      • Road surface type: Paved

        Estimated market value

        $332,500

        $316,000 - $349,000

        $2,104/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$2,927 0%$272,613
        2024$2,927 +60.4%$272,613 -8.4%
        2023$1,825 +7.5%$297,628 -1.6%
        2022$1,697 -46%$302,419 +44.9%
        2021$3,143 +21.1%$208,748 +22.7%
        2020$2,595 +129.3%$170,081 +3.4%
        2019$1,131 +12.1%$164,411 +37.3%
        2018$1,009 $119,784 +11.3%
        2017$1,009 -2.4%$107,644 +4.4%
        2016$1,034 $103,126
        2015$1,034 $103,126 +8.3%
        2012$1,034 $95,238 -18.3%
        2011-- $116,636 -1.7%
        2010-- $118,709
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 83301

        Getting around

        75 / 100
        Very Walkable
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln
        • Middle: Robert Stuart
        • High: Canyon Ridge
        • 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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