321,323,325,327 W 4th And 416 Cedar St N

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Address: 416 N Cedar St, Jerome, ID 83338, USA
Seattle & Northwest + Apartment Buildings
Created date: November 11, 2026
Date last updated: November 11, 2026
Price: $650,000Investment Analyzer NEW!

Property Description

Incredible investment opportunity to own 5 single family homes on 5 lots in Jerome Idaho. These homes are each situated on their own lot in an R3 multi-family zoning that allows up to 4 units on each 6,250 ft lot. There are 4 well kept 3 bed 2 bath mobile homes and a very nice 4 bedroom 2 bath stick built home with a basement included on the property. These homes are incredibly easy to manage as they are all situated together and have had long term tenants with virtually no vacancy rate. This property is low maintenance, has an excellent cap rate for today's investor and considering an individual sales price approach the value is incredible having an excellent return on investment.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $650,000
No. of Units: 5
Year Built: 1920
Lot Size: 5,831.00 Sq ft
Opportunity Zone: No
Price per unit: $130,000
Property Website Click Here
Number of Bedrooms: 16
Number of Bathrooms: 10
Address: 321,323,325,327 W 4th And 416 Cedar St N, Jerome, ID 83338, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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