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3 Beds
2 Baths
1,150 sqft

$325,000

250 N 200 W, Downey ID, 83234

Price per sqft$282.61
Built in2023
Property size1,150 sqft
Property typeResidential

Overview

Active

Listed Aug 8, 2026

Updated 5 days ago

TURNKEY INCOME PROPERTY - 3 RENTAL UNITS WITH TENANTS IN PLACE! Investors, take a look at this income-producing opportunity at 798 Garfield St in Idaho Falls. All three units are currently rented at $850, $800 & $1,100 per month, generating $2,750/month or $33,000 in annual gross rental income from day one. Existing tenants provide immediate income without the expense and downtime of filling vacant units. Situated on a large 0.41-acre lot, this property offers something increasingly difficult to find in an established Idaho Falls location: rental income plus substantial outdoor space for tenants. The property is turnkey and already producing, making it an attractive addition to an investor's rental portfolio. Whether you're looking to expand an existing portfolio, purchase your first multi-unit investment, or secure a property with established rental history, this one deserves a closer look. Three income streams. Tenants already in place. $33,000 annual gross rent. Large lot. Turnkey investment.

$2,162/mo

Est. mortgage payment based on a $325,000 home price.

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

Additional information

MLS® ID
2177619

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$928
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of Real Broker LLC (Idaho)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 3:54 AM UTC, 10/6/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jason Jentzsch shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Wasatch Front Regional MLS, Inc. All rights reserved.

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