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488 D Street

Idaho Falls, ID 83402
  • $2,800,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 2179396
UPDATED: 44 min ago
$2,800,000
  • 16
    BEDS
  • 0.4
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 12,300
    SQFT
  • $228
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Introducing The Chicane Apartments: Your Ticket to downtown living in the Heart of Idaho Falls! Imagine owning a pristine, fully-renovated apartment complex in one of the nation's fastest-growing cities! The Chicane Apartments, located at 488 D St. in Idaho Falls, Idaho, offers you that unique opportunity. Situated in the bustling downtown area, this property is your gateway to a thriving urban lifestyle and a lucrative investment. Experience the perfect blend of residential spaces in this high-visibility location, with great convenience and accessibility. Just one block away, you'll find the Riverwalk Park, nestled alongside the stunning Snake River in the heart of downtown Idaho Falls, brimming with all the attractions, entertainment, and amenities you could ever want. This exceptional offering is the ultimate investment for investors and 1031 exchange buyers alike. Seize the chance to own a low maintenance, and fully renovated apartment complex set up to provide good stable returns. And with the local market expected to see demand outstrip supply for the next 5-10 years, the upside potential for you as the new owner looks very positive! Don't let this opportunity pass you by. Own in the downtown with The Chicane Apartments. Call for offering packet, and 3-D tour links.

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© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Coldwell Banker Mountain Properties are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-15T14:23:12.043.
www.coldwellbankertetonvalley.com/homes/167656409
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488 D Street Idaho Falls, ID 83402

  • Price: $2,800,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 44 min ago
  • MLS #: 2179396
16
Beds
16
Baths
0
½ Baths
0.4
Acres
12,300
SQFT
$228
$/SQFT
1915
Built
Neighborhood:
Railroad Addition-Bon
County:
Bonneville
Area:
Idaho Falls
Elementary School:
Hawthorne 91El
Middle School:
Eagle Rock 91Jh
High School:
Idaho Falls 91Hs
Property Description
Introducing The Chicane Apartments: Your Ticket to downtown living in the Heart of Idaho Falls! Imagine owning a pristine, fully-renovated apartment complex in one of the nation's fastest-growing cities! The Chicane Apartments, located at 488 D St. in Idaho Falls, Idaho, offers you that unique opportunity. Situated in the bustling downtown area, this property is your gateway to a thriving urban lifestyle and a lucrative investment. Experience the perfect blend of residential spaces in this high-visibility location, with great convenience and accessibility. Just one block away, you'll find the Riverwalk Park, nestled alongside the stunning Snake River in the heart of downtown Idaho Falls, brimming with all the attractions, entertainment, and amenities you could ever want. This exceptional offering is the ultimate investment for investors and 1031 exchange buyers alike. Seize the chance to own a low maintenance, and fully renovated apartment complex set up to provide good stable returns. And with the local market expected to see demand outstrip supply for the next 5-10 years, the upside potential for you as the new owner looks very positive! Don't let this opportunity pass you by. Own in the downtown with The Chicane Apartments. Call for offering packet, and 3-D tour links.
Exterior Features

Construction And Status Brick Depth 389 Driveway Asphalt Exterior Primary Brick Foundation Concrete Perimeter Frontage 125 Garage Stalls 0.00 Landscaping Established LawnEstablished TreesFlower BedsOutdoor LightingSprinkler-AutoSprinkler System-Full Location Interstate Exit/AccessNear Mall/ShopNear ParkNear Public Bus StopNear Stream/RiverNear University/College Lot Size 17424 Off Street Parking 22 Roof Membrane Style All Units in One Building Topography Setting LevelRiver Front

Interior Features

Air Conditioning Heat PumpMini Split Basement Crawl SpaceFinishedPartial Heat Source And Type Mini Split Sq Ft Above Grade 12300 Sq Ft Below Grade 0 Style1 Baths 0 Style1 Bedrooms 0 Style1 Features Ceiling Fan(s)DishwasherMicrowaveNewly RenovatedRefrigeratorSecurity SystemSeparate StorageStove Style1 Sq Ft 0 Style2 Baths 0 Style2 Bedrooms 0 Style2 Features DishwasherDryerMicrowaveNewly RenovatedRefrigeratorSecurity SystemSeparate StorageStove Style2 Sq Ft 0 Style3 Baths 0 Style3 Bedrooms 0 Style3 Features DryerMicrowaveNewly RenovatedRefrigeratorSecurity SystemSeparate StorageStoveWasherOther-See Remarks Style3 Sq Ft 0 Style4 Baths 0 Style4 Bedrooms 0 Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Sq Ft 0 Total Baths 16

Property Features

Actual Annual Rent 215534.00 Amenities Additional StorageCommon LaundryLaundry IncludedOff Street ParkingSidewalks Covenants No Distressed Property Not Applicable Fixer Upper No Flood Plain N Gross Monthly Rent 17961.00 Handicap Access No Ho Exempt Not Exempt HOA No Inclusions 2 washers 2 dryers. 4 fully furnished studio - leather sofa with double recliners65 in flat panel HD tvdining room table and chairsbed and luxury mattressall appliances. 6 storage units. Owner Pays Common Area MaintenanceInsuranceGrounds CareElectricitySnow Removal Property Type 11+ Units Provider Other Info Idaho Falls Power Sewer Public Sewer Short Term Rental YN Allowed Style1 Rent 0 Style1 Units 0 Style2 Rent 0 Style2 Units 0 Style3 Rent 0 Style3 Units 0 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Tax Year 2024 Taxes 13560.00 Tenant Pays Cable TVElectricitySewerTrash CollectionWater Terms CashConventional1031 Exchange Utilities Separate Power MetersCommon Water Heaters Water Public Winter Access YN Yes Zoning General COMMERCIAL IF-CEN Zoning Specific IDAHO FALLS-CC-CENTRAL COMMER

Snake River Regional MLS logo Listing provided courtesy of Armstrong Flinders and Associates: 8013751075.
© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Coldwell Banker Mountain Properties are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-15T14:23:12.043.
 
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189 N Main Street, Suite 100
Driggs ID, 83422