About 564 S Blue Lakes Blvd
Excellent investment opportunity—rare multi-unit on acreage with upside! This 4-acre triplex just steps from town offers 3 separately metered, updated units with immediate income potential. NEW carpet in 2 units 7/20/25. Main home: 4 bed, 2 bath with fresh paint, updated systems, and nearly 1000 sf insulated garage—ideal for owner-occupant or premium rental. Above the garage is a 3 bed, 2 bath unit with its own utilities, deck, AC, updated kitchen, and fresh paint—perfect for long-term or Airbnb. The third unit is a 2 bed, 1 bath lava rock home with a new roof and solid rental history. Property features 3 septic systems, extra water shares, fenced pasture with pond, barn, greenhouse, outbuildings, and RV parking. Zoned R4 in county area of impact with room to expand. Let’s invest!
Features of 564 S Blue Lakes Blvd
| MLS® # | 98948145 |
|---|---|
| Price | $857,000 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 4,825 |
| Acres | 0.00 |
| Year Built | 1948 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 564 S Blue Lakes Blvd |
|---|---|
| Area | Twin Falls - 2015 |
| Subdivision | 0 Not Applic. |
| City | Twin Falls |
| County | Twin Falls |
| State | ID |
| Zip Code | 83301 |
Amenities
| Utilities | Electricity Connected, Cable Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Two Car, Attached, RV Access/Parking |
| # of Garages | 2 |
| Is Waterfront | No |
| Waterfront | Pond |
| Has Pool | No |
Interior
| Appliances | Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units) |
|---|---|
| Heating | Baseboard, Forced Air, Natural Gas, Wood, Fireplace(s) |
| Cooling | Central Air |
| Fireplace | Yes |
Exterior
| Lot Description | 1 - 4.99 Acres, Dog Run, Garden, Irrigation, R.V. Parking |
|---|---|
| Roof | Composition, Metal, Wood |
| Foundation | Crawl Space |
School Information
| District | Twin Falls School District #411 |
|---|---|
| Elementary | Oregon Trail |
| Middle | South Hills |
| High | Twin Falls |
Additional Information
| Date Listed | May 22nd, 2025 |
|---|---|
| Days on Market | 54 |
| Zoning | R-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Gateway Real Estate |
|---|