# 350 E Street, Idaho Falls, ID 83402

> **TL;DR:** 27bd/27ba residential multi family, $4,449,000 ($197/sqft), built 1948, 22,578 sqft.
> A/C. Est. $19,279/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,449,000 |
| Price/sqft | $197 |
| Bedrooms | 27 |
| Bathrooms | 27 full |
| Square Feet | 22,578 |
| Year Built | 1948 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $19,279 |
| **Total** | **$19,279** |

## Nearby Schools

- **Elementary:** Hawthorne 91EL
- **Middle:** Eagle Rock 91JH
- **High:** Idaho Falls 91HS

## Key Amenities

- A/C

## Property Highlights

- Built in 1948
- 0.41 acre lot
- 28 parking spaces

## Description

### Agent 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

- **Address:** 350 E Street, Idaho Falls, ID 83402
- **County:** Bonneville
- **Neighborhood:** Railroad Addition-Bon
- **Coordinates:** 43.495982, -112.0373745
- **Google Maps:** https://www.google.com/maps?q=43.495982,-112.0373745

## Listing Agent

- **Name:** Matthew Flinders
- **Brokerage:** Armstrong Flinders and Associates
- **Phone:** 8013751075
- **Email:** matthew.flinders@gmail.com

## Primary Photo

![350 E Street - Primary Photo](http://lh.rdcpix.com/5796e3179c01db3f361588f98374edf1l-f2616261317r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/350-e-street-idaho-falls-id-83402-2185323)*

---

**MLS#:** 2185323 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/350-e-street-idaho-falls-id-83402-2185323)

---

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