# 488 D Street, Idaho Falls, ID 83402

> **TL;DR:** 16bd/16ba residential multi family, $2,800,000 ($228/sqft), built 1915, 12,300 sqft.
> A/C. Est. $12,133/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,800,000 |
| Price/sqft | $228 |
| Bedrooms | 16 |
| Bathrooms | 16 full |
| Square Feet | 12,300 |
| Year Built | 1915 |
| Lot Size | 17,424 sqft (0.40 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,133 |
| **Total** | **$12,133** |

## Nearby Schools

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

## Key Amenities

- A/C

## Property Highlights

- Built in 1915
- 0.40 acre lot
- 22 parking spaces

## Description

### Agent Description
Chicane is a fully rebuilt 16-unit apartment building in downtown Idaho Falls. One block to the Snake River and Riverwalk Park. The seller took the property down to the shell and rebuilt it correctly-new roof, electrical, plumbing, systems, and finishes. The location is tops! Walkable, central, and surrounded by downtown energy that tenants actually want: restaurants, offices, retail, and nightlife. From an operational standpoint, Chicane is clean and straightforward. Modern systems mean lower maintenance, more predictable expenses, and fewer surprises. The 2025 numbers support a solid in-place return with upside through professional management, modest rent optimization, and continued downtown revitalization. This is a rare chance to own a rebuilt, mid-sized apartment asset in a supply-constrained downtown core-without taking on construction risk. Call for offering packet, 3-D tour & Dropbox links!

## Location

- **Address:** 488 D Street, Idaho Falls, ID 83402
- **County:** Bonneville
- **Neighborhood:** Railroad Addition-Bon
- **Coordinates:** 43.4959155, -112.0392632
- **Google Maps:** https://www.google.com/maps?q=43.4959155,-112.0392632

## Listing Agent

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

## Primary Photo

![488 D Street - Primary Photo](http://lh.rdcpix.com/c231ea99f67498d3085b6e4451733168l-f2046338492r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/488-d-street-idaho-falls-id-83402-2185284)*

---

**MLS#:** 2185284 | **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/488-d-street-idaho-falls-id-83402-2185284)

---

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