128 N 8th St St, Montpelier, ID 83254
Local realty services provided by:ERA Brokers Consolidated
128 N 8th St St,Montpelier, ID 83254
$699,000
- 10 Beds
- 9 Baths
- 5,350 sq. ft.
- Multi-family
- Active
Listed by:
Dawson Bingham(208) 681 - 3295ERA Brokers Consolidated
MLS#:2057474
Source:SL
Price summary
- Price:$699,000
- Price per sq. ft.:$130.65
About this home
For Sale: Unique 7-Plex Investment Property in Montpelier, Idaho Discover an incredible opportunity to own a well-maintained 7-plex in the charming mountain town of Montpelier, Idaho. Nestled in the heart of Bear Lake County, this property combines small-town charm with income-generating potential. Whether you're an investor or looking to diversify your portfolio, this property offers the perfect mix of long-term stability and short-term rental income. Property Features Layout: Upstairs Units 3, 4, and 5. Unit 3 is a 2 Bed 1 Bath. Unit 4 is 1 Bed 1 Bath. Unit 5 is 1 Bed 1 Bath. Main Floor Units 1 and 2. Both are 2 Bed 2 Bath Basement Units 6 and 7 Both 1 Bed 1 Bath for a total of 10 Beds 9 Baths 4 Long-Term Rentals Each unit is designed for tenant comfort and practicality, making it ideal for Montpelier's long-term residents. These units are consistently rented, providing steady and reliable income. 3 Fully Furnished Short-Term Rentals Perfect for travelers and adventurers exploring Montpelier and the surrounding attractions, these turnkey units are tastefully furnished to create a cozy and welcoming experience. Whether guests are visiting for skiing, hiking, or taking in the beauty of Bear Lake, these rentals cater to a variety of needs. On-Site Laundry Facility The property includes two coin-operated washers and two coin-operated dryers, bringing in an additional $100-$200 monthly. While this revenue is modest, it's a convenient amenity for both long-term tenants and short-term guests. Prime Location Located in Montpelier, a gateway to outdoor recreation and just a short drive from the iconic Bear Lake, this property is ideally situated to attract year-round visitors. Its location offers additional benefits: Less Than 2 Blocks from the New Temple: Located just down a quiet road, this property is perfectly positioned for visitors and residents looking for convenient access to the temple. Nearby Amenities: Adjacent to a market, pizza restaurant, and hardware store, with an ice cream shop within walking distance, this property makes daily living and guest stays effortless and enjoyable. Outdoor Adventures: Montpelier's proximity to Bear Lake, local ski areas, snowmobile trails, and hiking spots ensures appeal to nature enthusiasts. Historical Charm: The Oregon Trail Center draws families and history buffs eager to experience Montpelier's rich heritage. Additional Details Low Maintenance Property: Recent updates ensure the property is move-in ready for tenants and guests alike. Ample Parking: Dedicated parking for all units, with additional space for guest convenience. Income Potential: A proven track record of consistent occupancy, with room to grow revenue through marketing the short-term rentals. This property is more than just a smart investment-it's a gateway to Idaho's unparalleled outdoor lifestyle and small-town community. Don't miss your chance to own a piece of Montpelier and capitalize on its growing popularity as a tourist destination and a great place to call home.
Contact an agent
Home facts
- Year built:1917
- Listing Id #:2057474
- Added:203 day(s) ago
- Updated:July 31, 2025 at 11:00 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:9
- Living area:5,350 sq. ft.
Structure and exterior
- Year built:1917
- Building area:5,350 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:None/Other
- Middle school:None/Other
- Elementary school:None/Other
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$130.65
- Tax amount:$3,617
New listings near 128 N 8th St St
- New
$184,900Active4.5 Acres160 Bald Mountain Way #2, Montpelier, ID 83254
MLS# 2101467Listed by: BEAR LAKE REALTY, INC - New
$189,900Active4.5 Acres216 Bald Mtn Way #1, Montpelier, ID 83254
MLS# 2101464Listed by: BEAR LAKE REALTY, INC - New
$1,120,000Active320 AcresAddress Withheld By Seller, Montpelier, ID 83254
MLS# 2100812Listed by: BERKSHIRE HATHAWAY HOME SERVICES INTERMOUNTAIN PROPERTIES - New
$159,900Active20 Acres#22, Montpelier, ID 83254
MLS# 2100483Listed by: MOUNTAIN RETREAT REAL ESTATE, LLC - New
$8,230,776Active1147.84 Acres950 Bern Rd, Montpelier, ID 83254
MLS# 2100296Listed by: PROPERTY PROS REALTY - New
$1,300,000Active6 beds 4 baths4,262 sq. ft.445 Bennington Canyon Rd, Montpelier, ID 83254
MLS# 2100085Listed by: CONGRESS REALTY INC 
$239,000Active4 beds 1 baths1,352 sq. ft.228 Beckwith St, Montpelier, ID 83254
MLS# 2099746Listed by: MOUNTAIN RETREAT REAL ESTATE, LLC
$389,000Active4 beds 2 baths3,202 sq. ft.824 Grant St, Montpelier, ID 83254
MLS# 2098783Listed by: REMAX REAL ESTATE AND ASSOCIATES LLC
$630,000Active157.5 AcresAddress Withheld By Seller, Montpelier, ID 83254
MLS# 2098407Listed by: REMAX REAL ESTATE AND ASSOCIATES LLC
$640,000Active160 AcresAddress Withheld By Seller, Montpelier, ID 83254
MLS# 2098408Listed by: REMAX REAL ESTATE AND ASSOCIATES LLC
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.