Address
1334 Elmwood Circle, Twin Falls, ID
Price
$ 769,500
Property Attributes
  • MLS#98997509
  • TypeIncome
  • Listing Status Active
  • CountyTwin Falls
  • CityTwin Falls
  • Neighborhood0 Not Applic.
  • Zip83301
  • Style
  • Year Built1963
  • Taxes$ 4175
  • Price$ 769,500
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3960
Data Source:
Intermountain MLS (IMLS)
Property Description

Fantastic investment opportunity in the heart of Twin Falls! Tucked away in a quiet cul-de-sac, this well-maintained 4-plex offers a strong rental history and is currently fully occupied. Each single-level unit features 2 bedrooms, 1 bathroom and approximately 740 sq. ft., along with a covered front patio and private back patio and yard area. Mature landscaping adds to the property's appeal, while a full basement provides convenient access to each unit's individual furnace and water heater. Owner currently pays city water, sewer, trash and yard maintenance. Current rents produce an approximate 6.7% cap rate, with projected market rents bringing the potential cap rate to over 7.2%. A solid, income-producing property with room for future upside.

Elementary School Middle School High School
Sawtooth Elementary School OLeary Middle School Twin Falls High School
Price History
8/14/2026 Listed $769,500

General Features

Heating Forced Air
Cooling None
Utilities Sewer Connected
Roof Composition
Appliances Disposal (No Units)
Gas Y/N Unit 1 Separate Meter
Construction Materials Brick
Year Built 1963
Electric Unit 1 Separate Meter
Property Subtype Quadruplex
Tax Year 2025
Current Use 2-4 Units
Ownership Fee Simple
County Twin Falls
Net Operating Income 52156
Operating Expense 8483
Property Type Residential Income
Subdivision Name 0 Not Applic.
Status Active
Directions Filer Ave East then S on Elm St. then East on Elmwood Circle. Located on a quiet dead end cul-de-sac.
ModificationTimestamp 2026-08-19T16:47:31.500Z
High School Twin Falls
City Twin Falls
High School District Twin Falls School District #411
Number Of Units Total 4
Lot Size Units Acres
Listing Terms Cash
Elementary School Sawtooth
Tax Annual Amount 4175.82
Middle/Junior High School OLeary
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Twin Falls School District #411
Elementary School District Twin Falls School District #411
Total Actual Rent 5095
Cap Rate 6.7
Legal Description TWIN FALLS ELMWOOD SUBD LOT 11; W 50' LOT 12 (10-10-17 SW)
LeasableAreaUnits Square Feet
Freehold IDX

Interior Features

Flooring Laminate
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Washer/Dryer Hookups (All Units)
Total Bedrooms 8
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Fencing Partial
Lot Features 10000SF - .49
Water Source City Service
Total Parking 1
Building Area Total 3960

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 83301

Price
AVG $950K
$770K
Taxes
AVG $6,282
$4,175
Year Built
AVG 1955
1963

Your Agent

Listed By
Berkshire Hathaway HomeServices Idaho Homes & Properties - 208-733-5336