$2,650,000
 $14,226 est/mo Sourced by Back At You

488 D Street,Idaho Falls, ID 83402

Idaho Falls, ID 83402

Share:

PreviousNext

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!

Details

MLS #2185284
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site211
Listing Provided ByArmstrong Flinders and Associates | Matthew Flinders

Features

Bed(s)16
Bath(s) 16 Total
SQ Feet12,300
BasementY
Units16
ZoningGeneral Zoning: Commercial If-Ce
Acreage0.40

Taxes

Property13560

Area Information

StateID
CountyBonneville
CityIdaho Falls
Zip Code83402
Community NameRailroad Addition Bon
School DistrictIdaho Falls 91HS
Elementary SchoolHawthorne 91EL
High SchoolIdaho Falls 91HS
Listing VS Median (in Railroad Addition Bon)
Price:
$2,650,000
low | high
Med:
$2,650,000
50% of Average
sqft:
12,300
low | high
Med:
12,300
50% of Average
$ / sqft:
$215
low | high
Med:
$215
50% of Average
On site:
211
low | high
Med:
211
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Snake River MLS.

Contact

Learn More About This Property

Skyler Kraai

Skyler Kraai

Coldwell Banker Distinctive Prop

FA100095385 (970) 901-5051skylerkrealty@gmail.com
StateID
CountyBonneville
CityIdaho Falls
Zip Code83402
Community NameRailroad Addition Bon
School DistrictIdaho Falls 91HS
Elementary SchoolHawthorne 91EL
High SchoolIdaho Falls 91HS
Listing VS Median (in Railroad Addition Bon)
Price:
$2,650,000
low | high
Med:
$2,650,000
50% of Average
sqft:
12,300
low | high
Med:
12,300
50% of Average
$ / sqft:
$215
low | high
Med:
$215
50% of Average
On site:
211
low | high
Med:
211
100% of Average
Sourced by Back At You
Listing Updated: October 28, 2026 at 7:53:34 AM PDT

Top Areas

Featured Agents

Real Estate

Contact

Skyler Kraai

131 N 6th Street #200
Grand Junction, CO 81501
Back to top of page

Skyler Kraai  |  (970) 243-0456  |  FA100095385
Grand Junction - 131 N 6th Street #200, Grand Junction, CO 81501

© 2026 Coldwell Banker Distinctive Properties. Equal housing opportunity. An equal opportunity company.

© 2026 Coldwell Banker Distinctive Properties. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Distinctive Properties fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

POWERED BY