350 E E St

Idaho Falls, ID 83402
  • $4,250,000

    Price
  • 27

    Bed
  • 27

    Bath
  • 22,578

    SqFt
  • 0.41

    Acre

About the Listing 206 - 206_2

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. 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.

Listing Highlights for 350 E E St

Status Active
Days on Site 185
Property Type Multi-Family
MLS ® 2185323
Year Built 1948
Total Square Footage 22,578
Lot/Acreage 0.41
County Bonneville
Elementary School Hawthorne 91EL
Middle School Eagle Rock 91JH
High School Idaho Falls 91HS

Interior Details

  • Bedrooms: 27
  • Bathrooms: 27 Full
  • Appliances: Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven
  • Air Cond: Ductless,Mini Split
  • Heating: Heat Pump,Mini Split,Separate Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 15909
  • Below Ground Sq Ft: 6669
  • Basement: Full,Partially Finished
  • Other: Ceiling Fan(s),Newly Renovated,Storage
  • Water: Public

Exterior Details

  • Lot Description: Interstate Exit/Access,Near Green Belt,Near Mall/Shop,Near Park,Near Public Transit,Near Stream/River,Concrete Curbing,Level
  • Garage Capacity: N/A
  • Parking Spaces: 28
  • Lot Dimensions: 140 x 127
  • Zoning: General Zoning: If Central Commerc,Specific Zoning: Idaho Falls-Cc-Central Commer
  • Roof: Membrane
  • Others: Lighting
  • Sewer: Public Sewer
  • Parking Features: Off Street

Financial Details

  • Tax Amount: $24,599
  • Taxes w/Assessments: N/A
  • Tax/Property ID: RPA1980007008B
  • Tax Year: 2025

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Listing Location

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350 E E St Idaho Falls, ID 83402

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Originating MLS: Snake River

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Jenn Smart

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