128 N 8th St Montpelier, ID 83254
Property details
About 128 N 8th St
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.
Highlights
Summary
- Total Bedroom Count: 10
- Attached Garage: No
- Private Pool: No
- List Price: $699,000
- Price/SqFt: $130
- Annual Tax Amount: $3,817
- Tax Year: 2024
- Year Built: 1917
- Stories: 0
- Living Area: 5,350 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 2057474
- MLS Name: UtahRealEstate.com
- Office Name: ERA Brokers Consolidated (Ogden)
- Listing Agent: Dawson Bingham
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $496,625 | $3,817 |
| 2023 | $496,625 | $3,817 |
| 2022 | $146,330 | $1,526 |
| 2021 | $96,978 | $1,465 |
| 2020 | $96,978 | $1,679 |
| 2019 | $96,978 | $1,557 |
| 2018 | $88,135 | $1,547 |
History based on county public records data.
Nearby schools
9
A J Winters Elementary School
Public District PK-5
0.3 mi
•535 Clay St
8
Cokeville Elementary School
Public District KG-6
24.1 mi
•250 North Sage
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,266. Most Montpelier, ID residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Monster Trucks
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
Country- Classic Country
New Country
Frequently asked questions
About 128 N 8th St
The listing price of 128 N 8th St property is $699,000.
The property 128 N 8th St is a multi located in Montpelier, Idaho, 83254.
Active Listing: 128 N 8th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 128 N 8th St are: A J Winters Elementary School (GreatSchools Rating 9/10), Cokeville Elementary School (GreatSchools Rating 8/10), Bear Lake on-Line Learning (GreatSchools Rating 4/10), Bear Lake High School (GreatSchools Rating 7/10), Cokeville High School (GreatSchools Rating 7/10), Grace Jr/Sr High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,817 (source: MLS/based on county public records data).
The property 128 N 8th St is 5,350 SqFt (source: MLS/tax record).
The year of construction for 128 N 8th St is 1917.
This home is located at 128 N 8th St in Montpelier, ID and zip code 83254. This 5,350 square foot home, which was built in 1917, sits on a 0.23 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $699,000.
The number of homes for sale in Montpelier, ID increased by 4.3% between May and June 2025. In June 2025, listings were on the market for 174 days. During the same period, the median list price in this real estate market was $332,500.