Log In/Sign Up
Your email has been sent.
405 N 2nd E 8 Unit Apartment Building $760,000 ($95,000/Unit) 7.27% Cap Rate Mountain Home, ID 83647
Investment Highlights
- Renovated over the past 5 years (boiler, roof, windows, gutters, paint and unit interiors)
- Great location
- Excellent rental history
Executive Summary
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. Brand new boiler in Dec 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.
Property Facts
| Price | $760,000 | Building Class | C |
| Price Per Unit | $95,000 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,284 SF |
| Cap Rate | 7.27% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1895/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.4/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C-2 | ||
| Price | $760,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| Cap Rate | 7.27% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,284 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1895/2022 |
| Parking Ratio | 1.4/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 500 - 600 |
| Studios | 1 | - | 500 |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | RPA009000A022AA | Improvements Assessment | $65,256 |
| Land Assessment | $38,400 | Total Assessment | $103,656 |
Property Taxes
Parcel Number
RPA009000A022AA
Land Assessment
$38,400
Improvements Assessment
$65,256
Total Assessment
$103,656
1 of 35
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
405 N 2nd E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.