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Jenn Smart

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250 N 200 W , Downey, ID 83234
$319,000
Est. Payment: $708.89/mo
3 Bed
2 Bath
1150 Sqft
0.29 Acres
Status: active | Days on site: 80
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House Description

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.

Highlights

Listed by Dan Thomas , 208-360-1293 Real Broker LLC (Idaho) , Wasatch Front Multiple Listing Service (IDX)

Property Type

Residential

Lot/Acreage
0.29

Year Built

2023

County

Bannock

Area

DOUGLAS

School District

Marsh Valley Joint

Listing ID

2177619

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ 3/4 Bathrooms:2
Appliances:Portable Dishwasher, Dryer, Microwave, Washer
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Disposal

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:2
Roof:Asphalt
Others:
  • ▪ Additional:Blt./Standing
Principal Interest
$709
Taxes
$77

Home Price

$319,000

Loan Details

30 yrs
0%

Down Payment

20%
$63,800
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Monthly Price:
$708.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $708.89 $77.33 $0.00 $786.22
Yearly $8,506.67 $928.00 $0.00 $9,434.67
Total $255,200.00 $27,840.00 $0.00 $283,040.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Downey, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Wasatch Front Regional MLS Inc. and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T15:17:25.000Z

© 2026 Wasatch Front Multiple Listing Service (IDX)