350 E E Street, Idaho Falls, ID 83402
350 E E Street, Idaho Falls, ID 83402
350 E E Street, Idaho Falls, ID 83402
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Denise Abmont

Denise Abmont

Abmont Realty Group

+1(208) 789-4320
$4,250,000
Est. payment /mo
27 Beds
27 Baths
22,578 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 22,578 sqft

Price per Sqft $188

Subdivision Railroad Addition-Bon

MLS Listing ID 2185323

Bedrooms 27

Full Baths 27

Year Built 1948

Annual Tax Amount $24,599

Tax Year 2025

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Multi Family

Property Description

The Wellington is a fully renovated 27-unit apartment building 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. Great opportunity for investors seeking a solid 1031 exchange or portfolio addition. Rent roll and cap rate available. Sister property nearby also available. Parcels RPA1980007009A & RPA1980007008B - Buyer to verify all info.

Location

State ID

County Bonneville

Area 22578

Zoning General Zoning: If Central Commerc,Specific Zoning: Idaho Falls-Cc-Central Commer

Rooms

Basement Full, Partially Finished

Interior

Interior Features Ceiling Fan(s), Newly Renovated, Storage

Heating Heat Pump, Mini Split, Separate Heat

Cooling Ductless, Mini Split

Inclusions 4 Commercial Washers; 4 Commercial Dryers; 4 150 Gal Water Heaters; Replacement Parts And Fixtures ~$10, 000; Maintenance Tools ~$2000; Supplies And Materials ~$3000

Appliance Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven

Laundry Common Area, Laundry Included

Exterior

Exterior Feature Lighting

Parking Features Off Street

Garage Spaces 28.0

Garage Description Off Street

Community Features Additional Storage

View Y/N No

Roof Type Membrane

Garage No

Private Pool No

Building

Lot Description Interstate Exit/Access, Near Green Belt, Near Mall/Shop, Near Park, Near Public Transit, Near Stream/River, Concrete Curbing, Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Hawthorne 91El

Middle Schools Eagle Rock 91Jh

High Schools Idaho Falls 91Hs

Others

Senior Community false

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Armstrong Flinders and Associates

NEARBY SCHOOL & BUSINESS

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+1(208) 789-4320

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