Opportunity meets flexibility with this unique property situated on .75 acres and zoned M-2, offering a variety of potential uses. Currently configured as an income-producing rental, the upper level features a 1-bedroom, 1-bath layout, while the walk-out basement includes an additional 1-bedroom, 1-bath living space with its own entrance, living room, and kitchenette. The units can function independently or be connected to create a spacious 2-bedroom, 2-bath residence. Beyond its residential potential, the M-2 zoning opens the door to a wide range of commercial uses. The existing layout lends itself well to office space, contractor headquarters, or a live/work setup. Outside, the expansive .75-acre lot provides ample room for truck parking, equipment storage, future shop construction, or additional business operations. Whether you're looking for an investment property, owner-occupied rental, business location, or future development opportunity, this versatile property offers options that are hard to find.
Sold
Price Unknown
645 5th Ave W, Twin Falls, ID 83301
2beds
2baths
1,202sqft
Single Family Residence
Built in 1933
0.75 Acres Lot
$236,000 Zestimate®
$--/sqft
$1,482 Estimated rent
Home value
$236,000
$224,000 - $248,000
$1,482/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listed by:
Mandi Riddle Main:208-733-5336,
Berkshire Hathaway HomeServices Idaho Homes & Properties
Bought with:
Willis Stone
208 Real Estate, LLC - Twin Falls
Source: IMLS,MLS#: 98989576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Lower
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Features
- Split Bedroom, Two Kitchens, Kitchen Island, Number of Baths Main Level: 1, Number of Baths Below Grade: 1
- Flooring: Carpet
- Basement: Daylight,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,202
- Total interior livable area: 1,202 sqft
- Finished area above ground: 764
- Finished area below ground: 438
Property
Parking
- Parking features: RV Access/Parking
Features
- Levels: Single with Below Grade
- Fencing: Partial,Metal
Lot
- Size: 0.75 Acres
- Features: 1/2 - .99 AC, Canyon Rim, Chickens, Rolling Slope, Full Sprinkler System
Details
- Additional structures: Separate Living Quarters
- Parcel number: RPT00107171911A
- Zoning: M-2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone, Stucco, Vinyl Siding
- Roof: Metal
Condition
- Year built: 1933
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Twin Falls
Financial & listing details
- Tax assessed value: $168,430
- Annual tax amount: $1,808
- Date on market: 6/9/2026
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Road surface type: Paved
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,808 0% | $168,430 |
| 2024 | $1,809 -7.7% | $168,430 -9.1% |
| 2023 | $1,960 -4% | $185,349 +4% |
| 2022 | $2,041 +19.9% | $178,235 +57.6% |
| 2021 | $1,703 +9.4% | $113,091 +10.5% |
| 2020 | $1,557 -16.7% | $102,377 +1.8% |
| 2019 | $1,869 +26.8% | $100,531 +1.6% |
| 2018 | $1,473 | $98,928 +25.9% |
| 2017 | $1,473 -0.2% | $78,605 +6.7% |
| 2016 | $1,476 | $73,654 |
| 2015 | $1,476 | $73,654 +50.3% |
| 2012 | $1,476 | $48,998 +8.2% |
| 2011 | -- | $45,282 +7.7% |
| 2010 | -- | $42,054 |
Find assessor info on the county website
Neighborhood: 83301
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Nearby schools
GreatSchools rating
- 2/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10South Hills Middle SchoolGrades: 6-8Distance: 2.5 mi
- 2/10Canyon Ridge High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: South Hills
- 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.
Sell for more on Zillow
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$236,000
2% more
+$4,720
With Zillow Showcase(estimated)
$240,720
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$236,000
2% more
+$4,720
With Zillow Showcase(estimated)
$240,720
- Idaho
- Twin Falls County
- Twin Falls
- 83301
- 645 5th Ave W
