$365,000

242 8th Ave E, Twin Falls, ID 83301

4 beds |
2 baths |
2,604 sqft

Single-Family Home
Built in 1920
6,229sqft lot
1 car garage
$140/sqft
Listed 1 month ago

Property Description

2 UNIT DWELLING!! 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 an 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.

Listing Status:: Active
Date Added:: January 15, 2026
Data Last Updated:: February 14, 2026 at 4:07PM
Listing Office:: Coldwell Banker Distinctive Properties : 208-622-3400
Listing Agent:: Mikahla Shook : 208-320-0889
MLS ID:: 98971819

General: Bed-Master Main LevelFormal DiningTwo KitchensPantryGranite CountersLaminate Counters
Appliances: Gas Water HeaterTank Water HeaterDishwasherOven/Range FreestandingRefrigeratorWasherDryer
Flooring: HardwoodTileCarpetLaminateVinyl
A/C: Central Air
Heating: Forced AirNatural Gas

General: Separate Living Quarters
Parking: DetachedAlley AccessFinished Driveway

Roofing: Composition
General: FrameWood SidingTwo Story w/ Below GradeSlab

Road/Access: Public Road
HOA Amenities: 0.0
Originating MLS: IMLS 2
School District: Twin Falls School District #411
County: Twin Falls

Zoning: Twin Falls Townsite Final & Amd Lot 6 Block 18 (16-10-17)RPT00010180060
Fencing: PartialMetalWood
Current Use: Single Family

Utilities: Sewer Connected
Water: City Service

Source: IMLS 2

This listing courtesy of Mikahla Shook , Coldwell Banker Distinctive Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lincoln Elementary School

238 Buhl St N, Twin Falls, ID, 83301

Grades KG-5

0.73 miles away

Twin Falls Virtual Schoolhouse

201 Main Ave W, Twin Falls, ID, 83301

Grades PK-8

0.53 miles away

Canyon Ridge High School

300 N College Rd W, Twin Falls, ID, 83301

Grades 9-12

2.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.