582 7, Montpelier, ID 83254
3BD/—BA Residential in Montpelier, ID 83254. 1,543 sqft. Built 1938. Listed at $265,000. MLS #2118757.
3BD/—BA Residential in Montpelier, ID 83254. 1,543 sqft. Built 1938. Listed at $265,000. MLS #2118757.
Move-In Ready Rambler in Montpelier | 3 Bed | 2 Bath | Bonus Rooms | STR Allowed. This well-maintained Montpelier rambler offers comfort, flexibility, and investment potential in one attractive package. Featuring 3 bedrooms, 2 bathrooms, and additional bonus space in the basement, this home is clean, functional, and ready for its next owner. The main level welcomes you with a bright living area and large windows that bring in natural light. The kitchen offers abundant cabinetry, a breakfast bar, gas range, and a window overlooking the backyard. Fresh paint, updated flooring in key areas, and new blinds throughout give the home a refreshed feel. The dining space is light-filled and inviting - perfect for everyday meals or hosting guests. The primary bedroom includes a cozy wood stove, adding warmth and character during colder months. Downstairs provides two bonus rooms plus additional living space, ideal for a second family room, home office, workout area, hobby space, or guest setup. Outside you'll find: Durable metal roof, Covered parking, Detached garage, Double gate access from Boise Street, Mature trees and established landscaping, Large patio with pergola, Fire pit area, and Short-term rentals allowed With functional layout, flexible space, and rental potential, this Montpelier property offers opportunity for homeowners and investors alike.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
County
Bear Lake
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.21 sq ft
Above Grade Area
1,543 sq ft
Condition
Blt./Standing
MLS #
2118757
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
County
Bear Lake
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.21 sq ft
Above Grade Area
1,543 sq ft
Condition
Blt./Standing
MLS #
2118757
List Price
$265,000
Original Price
$310,000
Annual Taxes
$1,772
Home Warranty
No
List Price
$265,000
Original Price
$310,000
Annual Taxes
$1,772
Home Warranty
No
Heating
Electric,Forced Air,Wood
Roof
Metal
Flooring
Carpet,Laminate,Linoleum
Basement
Daylight
Appliances
Refrigerator
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Electric,Forced Air,Wood
Roof
Metal
Flooring
Carpet,Laminate,Linoleum
Basement
Daylight
Appliances
Refrigerator
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
2
Total Parking
2
Garage Spaces
1
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
88/100
vs Similar Homes
11% below
vs Market Median
13% below
Price Reduced
14.5%
Deal Score Breakdown
88/100 · 3 qualifying signals
15% price reduction from original list — seller may be motivated
Priced 11% below the median of similar listings
Priced 13% below the per-subtype city median
STR net cashflow -$292/mo (-15.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Area growth data unavailable
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$26,601/yr
$249/night · 44% occupancy · $103/bedroom · $0.18/sqft
Net Monthly Cash Flow
−$291 /mo (−$3,492/yr)
Monthly STR income
Monthly ownership cost
Coverage
120%
Net /mo
−$292
DSCR
1.16
$260,000
+2% vs median
185 days
33
$199,000 – $1,100,000
$1,772
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