Iconic 8 Unit Apartment Building in Mountain Home, ID — Sale in Mountain Home, ID

  • Price: $699K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Mountain Home, ID 83647
  • Size: 4,284 SF
  • Year built: 1895

Investment Figures

Cap rate
7.40%
Price per square foot
$163
Price per unit
$349,500 across 2 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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 December 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. Building SF: 4284 | Land Size: 0.22 Ac | Year Built: 1895 | Listing Type: FOR SALE

Market Context

This multifamily in Mountain Home, ID is listed for sale at $699,000 across 4,284 SF. It is offered at an approximate 7.4% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1895. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Mountain Home, ID — view the full market.

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