Log In/Sign Up
Your email has been sent.
Wellington Manor 350 E St 27 Unit Apartment Building $4,449,000 ($164,778/Unit) Idaho Falls, ID 83402
Investment Highlights
- Strong rental demand and scarce downtown inventory dining, famers markets, and more
- Renovated in 2022 with 9' Ceilings
- Walkable to the Museum of Idaho,
Executive Summary
Wellington Manor is a fully renovated 27-unit asset in downtown Idaho Falls, one block from the Riverwalk, with stylish studios and 1-bedrooms designed for long-term renters, traveling nurses, and remote workers. Renovated in 2022 with 9’ ceilings, sound-dampened walls, LED lighting, secured access, and efficient systems, this property offers low-maintenance operations. Every tenant enjoys high-speed fiber internet, free laundry, assigned parking, and individual storage. Strong rental demand and scarce downtown inventory support steady performance, with high-credit tenants in place. Walkable to the Museum of Idaho, dining, farmers market, bars, shops, and the public library. Rare opportunity for investors seeking a stable 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B
Property Facts
| Price | $4,449,000 | Apartment Style | Low-Rise |
| Price Per Unit | $164,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| No. Units | 27 | Building Size | 27,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1948/2022 |
| Zoning | R2 | ||
| Price | $4,449,000 |
| Price Per Unit | $164,778 |
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 27,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1948/2022 |
| Zoning | R2 |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Security System
- Ceiling Fans
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
1 1
Moderately walkable
60/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | RPA1980007009A | Improvements Assessment | $1,704,443 |
| Land Assessment | $95,844 | Total Assessment | $1,800,287 |
Property Taxes
Parcel Number
RPA1980007009A
Land Assessment
$95,844
Improvements Assessment
$1,704,443
Total Assessment
$1,800,287
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Wellington Manor | 350 E St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.