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5 Beds
3 Baths
3,424 sqft

$395,000

1221 Sage Avenue, Idaho Falls ID, 83402

Price per sqft$115.36
Built in1920
Property size3,424 sqft
Property typeMulti-family

Overview

Active

Listed Jul 1, 2026

Updated Jul 11

Located in the heart of downtown Idaho Falls, this meticulously maintained triplex sits within pristine walking distance to the Snake River, the Idaho Falls Greenbelt, and downtown amenities. Whether you want a turnkey addition to your portfolio or the ultimate "house hack" to live nearly mortgage-free, this property delivers. One unit is intentionally left vacant, allowing an owner-occupant to move right in at closing and let the two existing leases heavily subsidize their housing costs! The heavy lifting has been done: features include a long-lasting metal roof, fresh exterior paint, upgraded furnaces, and upgraded water heaters. Overhead is kept incredibly low with separate electric meters and separate heating for every single unit—tenants pay their own utilities! The largest premium unit includes its own in-unit laundry, while the other two layouts maximize space. Ample street parking is paired with off-street parking on a dedicated concrete pad. A separate main-level storage area is perfect for lawn equipment, while the basement houses the upgraded mechanicals. Offering strong rental income potential and a low-maintenance setup, this rare downtown cash-cow is an incredible opportunity. Schedule your showing today!

$2,628/mo

Est. mortgage payment based on a $395,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2187466

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,856
Tax Frequency
Annually
MLS provider logo

Courtesy of Axen Realty, Dustin Hawkins,
Listing Contact: 208-437-7122 

Based on information from Snake River Regional Multiple Listing Service as of 7/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 7/11/2026 at 6:19 AM UTC

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