
Residential Land for Sale in Idaho Falls, Idaho
322 N Fanning Ave, Idaho Falls, ID 83401
The South Lot is a ready-to-build parcel positioned for efficient multifamily development in Idaho Falls. Full-scale excavation and significant site work, including professional installation of all major underground utilities, have already been completed. This lot is planned for a fourplex with two distinct floor plan options, including flexible single- or two-car garage configurations. Assigned addresses simplify permitting and future occupancy, reducing administrative hurdles. Zoned R-3 high-density residential, the South Lot is a cost-effective, time-saving investment for builders and investors aiming to complete an eight-unit project quickly. If purchasing a single lot, buyer must complete a simultaneous closing, as shared driveway access with the south lot requires both properties to close at the same time.
Location
- Street address
- 322 N Fanning Ave
- County
- Bonneville County
- Zip code
- 83401
- Community
- Crows Addition-Bon
- Elevation
- 4,719 feet
Directions
From downtown Idaho Falls, Heading North on Yellowstone Highway, Head toward Constitution Way and continue straight, Turn right onto 1st St, and continue straight for .8 miles, Turn left onto N Fanning Ave, travel up the street a block and development site is on the right.
Property details
- Lot size
- 0.21 acres9,148 sq ft
- Zoning
- General Zoning: Res-Multi-Family, Specific Zoning: Idaho Falls-R3-Multi Dwel Res
- MLS #
- SNRMLS 2185147
- Posted
Property taxes
- 2025
- $277
Parcels
- RPA5421001007O
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Features
- Low Traffic, Near Golf Course, Near Park, Near Schools
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Dora Erickson Elementary School | Elementary |
| Eagle Rock 91JH | Middle |
| Idaho Falls 91HS | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 6, 2026 | Relisted | $199,500 | — | SNRMLS |
| July 5, 2026 | Listing removed | $199,500 | — | Listing agent |
| June 15, 2026 | Price drop | $199,500 | $25,000 -11.1% | SNRMLS |
| May 20, 2026 | Price drop | $224,500 | $10,000 -4.3% | SNRMLS |
| Apr 27, 2026 | Price drop | $234,500 | $5,000 -2.1% | SNRMLS |
| Mar 31, 2026 | New listing | $239,500 | — | SNRMLS |


















