Versatile Opportunity: Ideal Starter Home or Strategic Investment. Nestled on over a third of an acre on a desirable corner lot, this 2-bedroom, 1-bathroom property offers immense potential. While a little TLC will unlock its full potential, it already boasts recent upgrades including new windows and beautiful hardwood floors throughout. This is a fantastic opportunity for a first-time homebuyer to gain equity by adding their personal touches, or for an investor to capitalize on its prime location close to amenities and the college. With its generous lot size and strong market position, this property offers significant immediate equity potential, robust rental income possibilities, and strong prospects for long-term wealth building. A smart chance to expand your real estate portfolio or lay a strong foundation for future growth. Call your favorite Realtor and ask about programs to help renovate the property, and programs for first time home buyers.
Sold
Price Unknown
359 Falls Ave W, Twin Falls, ID 83301
2beds
1baths
1,492sqft
Single Family Residence
Built in 1947
0.33 Acres Lot
$271,500 Zestimate®
$--/sqft
$1,295 Estimated rent
Home value
$271,500
$239,000 - $310,000
$1,295/mo
Zestimate® history
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List your homeWhat's special
Generous lot sizeCorner lot
Zillow last checked:
Listing updated:
Listed by:
Moises Garcia 208-308-9668,
Westerra Real Estate Group
Bought with:
Rachael Gause
Equity Northwest Real Estate - Southern Idaho
Source: IMLS,MLS#: 98948338
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Oil
Appliances
- Included: Electric Water Heater, Dishwasher, Oven/Range Freestanding, Refrigerator
Features
- Number of Baths Main Level: 1
- Flooring: Hardwood, Carpet, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,492
- Total interior livable area: 1,492 sqft
- Finished area above ground: 1,036
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Single with Below Grade
- Fencing: Partial
Lot
- Size: 0.33 Acres
- Features: 10000 SF - .49 AC, Corner Lot
Details
- Parcel number: RPT1081001001A
- Zoning: R-4
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Composition
Condition
- Year built: 1947
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Cornelison
Location
- Region: Twin Falls
Financial & listing details
- Tax assessed value: $219,803
- Annual tax amount: $2,385
- Date on market: 5/23/2025
- Listing terms: 203K,Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,360 -1.1% | $219,803 -1% |
| 2024 | $2,385 -7.8% | $222,133 -9.2% |
| 2023 | $2,586 +100.6% | $244,603 +8.6% |
| 2022 | $1,289 -2.3% | $225,201 +28.5% |
| 2021 | $1,320 +25.5% | $175,310 +27.1% |
| 2020 | $1,052 -53.3% | $137,897 +1.2% |
| 2019 | $2,252 +123.6% | $136,275 +14.3% |
| 2018 | $1,007 | $119,223 +10.9% |
| 2017 | $1,007 +0.8% | $107,457 +7.8% |
| 2016 | $999 | $99,717 |
| 2015 | $999 | $99,717 +9.3% |
| 2012 | $999 | $91,273 -11.7% |
| 2011 | -- | $103,392 -0.8% |
| 2010 | -- | $104,189 |
Find assessor info on the county website
Neighborhood: 83301
Nearby homes
- $--4 bd1 ba2k sqft341 Falls Ave W, Twin Falls, ID 83301Sold
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Nearby schools
GreatSchools rating
- 2/10I B Perrine Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Robert Stuart Jr High SchoolGrades: 6-8Distance: 0.3 mi
- 2/10Canyon Ridge High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Perrine
- 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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$271,500
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+$5,430
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$276,930
- Idaho
- Twin Falls County
- Twin Falls
- 83301
- 359 Falls Ave W
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