Iconic 8-unit rental property in the center of Mountain Home! The location is prime and the property has excellent rental history. Vacant units rent within days. The property includes the large house in front and also the cottage rental unit in the back. New boiler in December 2025. New roof and exterior paint in 2020, new electrical meter and main service panel in 2020. Most windows were replaced in 2020. Units 1, 3, 6, 7, & 8 are updated. Units 4 and 5 are long-term tenants. Professionally managed. Listing Agent is part-owner in property. Located across the street from the newly renovated Towne Center Apartments (formerly motel), a block from Albertson's, just east of the Railroad Park, the home of the Mountain Home Farmer's Market. Minutes from I-84 and Mountain Home Airforce Base.
Active
Price cut: $16K (8/21)
$699,000
405 N 2 E, Mountain Home, ID 83647
7beds
8baths
4,284sqft
Apartment, Multi Family
Built in 1895
-- sqft lot
$686,700 Zestimate®
$163/sqft
$-- HOA
What's special
Exterior paintNew roofLarge house in frontMost windows were replaced
- 233 days
- 181
- 16
Zillow last checked:
Listing updated:
Listed by:
Gregory Davis Main:208-475-1313,
KW Commercial
Source: IMLS,MLS#: 98973083
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
Heating
- Natural Gas, Other
Cooling
- Wall/Window Unit(s), Varies by Unit
Appliances
- Included: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Laundry: Washer/Dryer Hookups (No Units)
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1, Unit 6 Baths: 1, Unit 7 Baths: 1, Unit 8 Baths: 1
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 4,284
- Total interior livable area: 4,284 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 9,583 Square Feet
- Dimensions: 119 x 81
- Features: Standard Lot 6000-9999 SF, Sidewalks
Details
- Parcel number: RPA009000A022A
- Zoning: C2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1895
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Mtn Home Twnst
HOA
- Has HOA: Yes
Location
- Region: Mountain Home
Financial & listing details
- Price per square foot: $163/sqft
- Annual tax amount: $1,710
- Date on market: 1/29/2026
- Listing terms: Cash,Conventional
- Ownership: Less Than Fee Simple
- Total actual rent: 5783
Estimated market value
$686,700
$652,000 - $721,000
$1,797/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83647
Nearby schools
Schools provided by the listing agent
- Elementary: Mtn Home
- Middle: Mtn Home
- High: Mountain Home
- District: Mountain Home School District #193
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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