Map of Property

157 North 4th East St.

For Sale

157 North 4th East St., Mountain Home, ID 83647

This Mountain Home property for sale is located at 157 North 4th East St.. The current listed sale price for 157 North 4th East St. is $425,000. 157 North 4th East St. is situated on a lot that is 0.16 acre in size.

Contacts

broker
Alec Dhaenens

Lee & Associates Idaho

Property Details

  • Property Type Multi-Family
  • Property Size 2,508 SF
  • Units 5
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Feb 14, 2025
.Lee and Associates is pleased to present this recently renovated 5-unit multifamily investment opportunity in the center of Mountain Home. Perfectly situated close to a variety of shops and schools. This property includes freshly finished interior and exterior paint, new floors, refinished hardwood, and 4 new mini splits completed as of February 1, 2025. The property is comprised of the main 4 Unit building in front and the detached 1 Unit building in the back. The detached building includes one private parking spot and storage shed. Offering a compelling 8.81% proforma cap rate, this property presents a turnkey opportunity to capitalize on the strong demand for centrally located living solutions.
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Highlights

  • Option to purchase as 4-plex financed with a residential loan
  • Each unit includes a stove, fridge, microwave, and oven
  • New interior/exterior paint
  • New floors/refinished hardwood
  • New mini splits in units 1,2,3 and 5
  • Built in 1935 | Renovated in 2025

Getting around

  • 83/100

    Walk Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mountain Home, ID
  • Zip Code 83647
  • Market Boise

Points of Interest

  • Shell

    0.13 miles

  • Maverick

    0.24 miles

  • Texaco

    0.26 miles

  • Sinclair

    0.80 miles

  • Chevron

    1.38 miles

  • Pilot

    1.61 miles

  • Towne Center Motel

    0.22 miles

  • Hilander Motel

    0.45 miles

  • Thunderbird Motel

    0.67 miles

  • Best Western Foothills Inn

    1.70 miles

  • Mountain Home Inn

    1.74 miles

  • Hampton

    1.75 miles

  • Paul's Supermarket

    0.11 miles

  • Albertsons

    0.31 miles

  • Sears Hometown

    0.55 miles

  • Walmart Supercenter

    1.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alec Dhaenens

Lee & Associates Idaho

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