New Listing
Description
INVESTMENT OPPORTUNITY in quaint Troy, Idaho! Located just 11 miles from Moscow, home to the University of Idaho, Schweitzer Engineering Laboratories (SEL), and the renowned Farmers Market, voted among the Top 10 in the nation by Sunset Magazine. This 5-unit apartment building offers 3,960 sq ft and was built in 1981. Units 1-4 each feature 2 bedrooms and 1 bath, while Unit 5 offers 1 bedroom and 1 bath. The property generates $3,420/month in rental income, plus additional revenue potential from the coin-operated washer/dryer laundry facility. All units have separate electrical meters. An abundance of off-street parking, a corner-lot location, quality local schools, and convenient small-business retail amenities add to the appeal. All leases have been renewed, with varying expiration dates in spring/summer 2027, providing an established tenant base and near-term income stability. A solid opportunity to own a multi-family asset in a charming Palouse community with easy access to Moscow! Great investment value!
Details
| MLS # | 98998894 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 3 |
| Listing Provided By | Magenta & Co. | Tiffany Bentley |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,960 |
| Units | 5 |
| Acreage | 0.15 |
Interior
| Heating | Baseboard, Electric, Forced Air |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | Standard Lot 6000-9999 SF |
| Construction Materials | Wood Siding |
Utilities
| Utilities | Sewer Connected |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 2123 |
| Tax Legal Description | Troy Original Blk 11 Lots 1 & 2 & 10' X 50' Adj |
Area Information
| State | ID |
|---|---|
| County | Latah |
| City | Troy |
| Zip Code | 83871 |
| Area | Latah |
| School District | Troy School District #287 |
| Elementary School | Troy |
| High School | Troy |
| Listing VS Median (in 83871) | |
Price: $459,000 low | high Med: $549,000 sqft: 3,960 low | high Med: 2,160 $ / sqft: $116 low | high Med: $254 On site: 3 low | high Med: 39 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Latah |
| City | Troy |
| Zip Code | 83871 |
| Area | Latah |
| School District | Troy School District #287 |
| Elementary School | Troy |
| High School | Troy |
| Listing VS Median (in 83871) | |
Price: $459,000 low | high Med: $549,000 sqft: 3,960 low | high Med: 2,160 $ / sqft: $116 low | high Med: $254 On site: 3 low | high Med: 39 | |
 | $459,000107 6th StTroy, ID 83871 |