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$468,000
5 Beds 3 Baths 3,320 SqFt. 0.14 Acres 98999744 MLS
Residential income opportunity in Downtown Twin Falls, near entertainment, shopping, and local eateries. Updated and remodeled vintage property blends timeless character with strong rental potential. Extensive updates include electrical, plumbing, HVAC, roof, stucco, and high-end interior finishes, offering peace of mind for years to come. Original stained-glass windows and exposed ceiling beams preserve the historic appeal that tenants and short-term guests love. The main level features two private suites plus a third bedroom or office, while the upper level includes two bedrooms, a full bath, and a kitchen, ideal for long-term rental or Airbnb income. The basement offers a separate entrance, stub ins for plumbing and new concrete, creating additional potential for future rental space or storage. Whether you're expanding your portfolio or seeking an owner-occupant income property, this downtown asset delivers flexibility, character, and strong earning potential.

661 2nd Ave N, Twin Falls

$594,900
5 Beds 4 Baths 3,004 SqFt. 98998602 MLS
**INVESTMENT OPPORTUNITY IN TWIN FALLS!** This income-producing 4-plex offers an excellent opportunity for investors seeking steady rental income and future flexibility. All four units are currently occupied by long-term tenants, providing immediate income and an established rental history. Each unit features washer/dryer hookups for added tenant convenience. The three main units share the same utility meters, while the rear unit has its own power meter and pays its own electricity. Looking for additional income potential? The property was previously operated as short-term rentals, offering the possibility to explore returning to that model, or be utilized for generational living. The option to have the three main units converted to one home is also a possibility. With four occupied units, desirable amenities, and multiple rental strategies to consider, this property is a great opportunity to build or expand your investment portfolio. **Steady income today with potential for tomorrow!**

1403 8th Ave E, Twin Falls

$769,500
8 Beds 4 Baths 3,960 SqFt. 98997509 MLS
Fantastic investment opportunity in the heart of Twin Falls! Tucked away in a quiet cul-de-sac, this well-maintained 4-plex offers a strong rental history and is currently fully occupied. Each single-level unit features 2 bedrooms, 1 bathroom and approximately 740 sq. ft., along with a covered front patio and private back patio and yard area. Mature landscaping adds to the property's appeal, while a full basement provides convenient access to each unit's individual furnace and water heater. Owner currently pays city water, sewer, trash and yard maintenance. Current rents produce an approximate 6.7% cap rate, with projected market rents bringing the potential cap rate to over 7.2%. A solid, income-producing property with room for future upside.

1334 Elmwood Circle, Twin Falls

$500,000
7 Beds 5 Baths 2,970 SqFt. 0.23 Acres 98992940 MLS
8% CAP Rate, FLEXIBLE Zoning, and TRIPLEX Income!! Located in Central Twin Falls, just 4 minutes from the College of Southern Idaho, this income-producing property features three separate dwellings on one large lot with COMMERCIAL ZONING and grandfathered RESIDENTIAL use. Recent improvements include a NEWER ROOF, NEW Furnace, NEW A/C, FULL Bathroom Remodels in the main home, plus a recent REMODEL of the middle unit. The spacious main residence offers flexibility for owner occupancy, student housing, or increased rental income, while two detached homes provide additional income streams. Flexible zoning and the generous lot create opportunities for future improvements or increased density. A rare combination of CASH FLOW, major capital improvements, and long-term upside.

125 Shoup Ave W, Twin Falls

$295,000
20 Acres 98985080 MLS
Hard-to-find 20-acre country property with no restrictive subdivision covenants, offering the perfect blend of rural freedom and convenience just minutes from town. Located in the county's Agricultural Zone, this level, usable acreage provides endless opportunities for horses, livestock, 4-H projects, or other agricultural pursuits, with ample room for a custom home, barns, shops, corrals, equipment storage, arenas, and additional improvements. Enjoy breathtaking South Hills Mountain views and stunning evening views of the Twin Falls city lights while creating the country lifestyle you've always envisioned. Whether you're starting a small ranchette, expanding an existing agricultural operation, or simply looking for wide-open space with plenty of elbow room, this versatile property offers the space, freedom, and flexibility to make it your own while enjoying peaceful country living with room to grow for generations. Bring your dreams, your animals, and your vision.

6 Miles South Blue Lakes, Twin Falls

$2,300,000
3.5 Acres 98937917 MLS
This gorgeous property sits just a few moments away from the Snake River Canyon rim with endless potential to create a commercial development to fit your needs! With a sprawling 3.5 acres, this land would be ideal for a restaurant and other commercial use, with plenty of room for buildings plus parking. With 215 ft of road frontage, and high visibility the property gets thousands of cars driving by daily, generating ample exposure for any business! There is power currently to the property and city services, such as sewer and water are nearby but not currently to the property. While not currently annexed into the city it appears to be annexable. Buyer would need to submit development plans to City Planning and Zoning, Engineering Department, Fire Department, etc. and receive approval to connect to city services. Come see the potential for yourself! Buyers to verify all information.

1907 & 1923 Pole Line Rd E, Twin Falls

$2,400,000
34.41 Acres 98937365 MLS
This exceptional R-4 development Opportunity has 34.41 Acres +- zoned R-4, This presents a unique opportunity for a developer wanting to hit the ground running. Situated in Twin Falls Idaho, the property encompasses 34.41 acres, with substantial frontage on Orchard Drive (1,280 feet), and is conveniently located near major transportation routes (2-8 miles). The accompanying 34 shares of Twin Falls Canal Company water stocks add significant value. While the subject property is Clearly within the path of progress for growthIt appears that there is electrical power and natural gas are readily available but for development the required city services such as sewer and water is not in adjacency to the property currenlty. The property is currently not annexed into the City but appears to be annexable. Subdividing the property will be dependent upon annexation. (The city's inclusion of the adjacent 154.9-acre property within the New 2025 Urban Renewal District underscores its commitment to the project's success.)

492 Orchard Dr. West, Twin Falls


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