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145, 147, 149 Robbins St

Twin Falls, ID 83301
  • $2,248,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 98942414
Price Reduced
UPDATED: 21 min ago
$2,248,000
  • 16
    BEDS
  • 0.94
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 10,096
    SQFT
  • $223
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Information

Elementary School:
Middle School:
High School:
Intermountain MLS logoCourtesy of Keller Williams Sun Valley Southern Idaho.

Description

New updates in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 8.7% cap rate you'll want to seize this unique opportunity to acquire a 12-unit portfolio across four well-located multifamily properties! Pro Forma, Rent Roll, & T12 available. This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside, all in one solid package. Just minutes from the college campus there's strong demand from students and young professionals. This property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. An 8plex is also available, 442 Locust St in Twin Falls

Directions: N on Washington St, W on Robbins Ave

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Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-07-18T19:10:33.323.
www.idaholife.com/homes/162469084
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145, 147, 149 Robbins St Twin Falls, ID 83301

  • Price: $2,248,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 21 min ago
  • MLS #: 98942414
16
Beds
16
Baths
0
½ Baths
0.94
Acres
10,096
SQFT
$223
$/SQFT
1978
Built
Neighborhood:
0 Not Applic.
County:
Twin Falls
Area:
Twin Falls - 2015
Elementary School:
Perrine
Middle School:
Robert Stuart
High School:
Canyon Ridge
School District:
Twin Falls School District #411
Property Description
New updates in 2024, featuring a new roof, gutters with gutter guards, brand-new flooring, updated tile bathrooms, modern light fixtures, new doors, and much more. With a projected 8.7% cap rate you'll want to seize this unique opportunity to acquire a 12-unit portfolio across four well-located multifamily properties! Pro Forma, Rent Roll, & T12 available. This is a rare chance to secure immediate cash flow, stable tenants, and long-term upside, all in one solid package. Just minutes from the college campus there's strong demand from students and young professionals. This property has a proven rental history, is well-maintained, and offers room for value-add improvements or rent increases in line with market trends. You'll get diversified income streams, low vacancy, and strong growth potential. Whether you're looking to expand your investment footprint or start strong with multiple income-generating assets, this rare opportunity is not to be missed. An 8plex is also available, 442 Locust St in Twin Falls

Directions: N on Washington St, W on Robbins Ave
Exterior Features

Carport YN Yes Construction Materials FrameStuccoStoneHardiPlank TypeVinyl Siding Foundation Details Crawl Space Lot Features 1/2 - .99 Acre Parking Features CarportDetached Parking Total 18 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (Some Units) Below Grade Finished Area Units Square Feet Building Area Total 10096 Cooling Central AirWall/Window Unit(s)Some Units Cooling YN Yes Fireplace YN Yes Flooring Vinyl Sheet Garage YN Yes Heating BaseboardElectricForced AirFireplace(s) Heating YN Yes Laundry Features Washer/Dryer Hookups (Some Units)

Property Features

Association Fee 0 Association Fee Frequency Annually Association YN Yes Current Use 5+ Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate MeterUnit 5 Separate MeterUnit 6 Separate MeterUnit 7 Separate MeterUnit 8 Separate Meter Gross Income 207600 Listing Terms CashConventional1031 Exchange Lot Size Dimensions 0x0 Net Operating Income 165730 Operating Expense 41870 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 13817 Tax Legal Description See attached Exhibit A Tax Year 2024 Total Actual Rent 11000 Utilities Sewer ConnectedCable Connected Water Source City Service Zoning Description R4 Residential Med Dnsty

Intermountain MLS logoCourtesy of Keller Williams Sun Valley Southern Idaho: 208-734-1991.


Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Idaho Life Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-07-18T19:10:33.323.
 
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Idaho Life Real Estate
1861 S. Wells Ave. Suite 110
Meridian ID, 83642
Intermountain MLS logoCourtesy of Keller Williams Sun Valley Southern Idaho.