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242 8th Ave E

Twin Falls, ID 83301
  • $365,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 98971820
UPDATED: 191 min ago
$365,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,604
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:
Intermountain MLS logoCourtesy of Coldwell Banker Distinctive Properties at 208-622-3400.

Description

Located in the heart of downtown Twin Falls, this versatile property offers a rare opportunity for both owner-occupants and investors. Live comfortably in the main home while generating rental income from the basement unit, or add a strong performer to your investment portfolio. Major updates include a new roof (2021), electrical upgrades (2021), and new AC (2022), providing peace of mind for years to come. The main residence is filled with abundant natural light and features a main-floor primary bedroom, a lovely kitchen, and a formal dining area perfect for everyday living or entertaining. Downstairs, the fully equipped basement unit offers a private entrance, full kitchen, living room, bedroom, and bathroom, creating a truly independent living space. Whether you’re looking to offset your mortgage or invest in downtown living, this property delivers flexibility, function, and long-term potential.

Directions: From Shoshone, SE on 8th Ave, home is on the Right hand side.

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Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2026-02-08T00:10:19.39.
www.michaelryanrealestate.com/homes/172160106
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242 8th Ave E Twin Falls, ID 83301

  • Price: $365,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 191 min ago
  • MLS #: 98971820
4
Beds
2
Baths
0
½ Baths
0.14
Acres
2,604
SQFT
$140
$/SQFT
1920
Built
Neighborhood:
0 Not Applic.
County:
Twin Falls
Area:
Twin Falls - 2015
Elementary School:
Lincoln
Middle School:
South Hills
High School:
Canyon Ridge
School District:
Twin Falls School District #411
Property Description
Located in the heart of downtown Twin Falls, this versatile property offers a rare opportunity for both owner-occupants and investors. Live comfortably in the main home while generating rental income from the basement unit, or add a strong performer to your investment portfolio. Major updates include a new roof (2021), electrical upgrades (2021), and new AC (2022), providing peace of mind for years to come. The main residence is filled with abundant natural light and features a main-floor primary bedroom, a lovely kitchen, and a formal dining area perfect for everyday living or entertaining. Downstairs, the fully equipped basement unit offers a private entrance, full kitchen, living room, bedroom, and bathroom, creating a truly independent living space. Whether you’re looking to offset your mortgage or invest in downtown living, this property delivers flexibility, function, and long-term potential.

Directions: From Shoshone, SE on 8th Ave, home is on the Right hand side.
Exterior Features

Carport YN No Construction Materials FrameWood Siding Covered Spaces 1 Fencing Partial Foundation Details Slab Lot Features Standard Lot 6000-9999 SF Parking Features One CarDetached Parking Total 3 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (All Units)Refrigerator (All Units) Below Grade Finished Area Units Square Feet Building Area Total 2604 Cooling Central AirAll Units Cooling YN Yes Flooring LaminateVinyl Sheet Garage YN Yes Heating Forced AirNatural Gas Heating YN Yes

Property Features

Association Fee 0 Current Use Single Family Listing Terms CashConventionalFHA Ownership Fee Simple Property Sub Type Duplex Tax Annual Amount 2927.42 Tax Legal Description Twin Falls Townsite Final & Amd Lot 6 Block 18 (16-10-17) Tax Year 2024 Total Actual Rent 2200 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Coldwell Banker Distinctive Properties: 208-622-3400.


Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2026-02-08T00:10:19.39.
 
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Michael Ryan Real Estate
3611 North Locust Grove Road
Meridian ID, 83646
Intermountain MLS logoCourtesy of Coldwell Banker Distinctive Properties at 208-622-3400.