Two-Unit Income Duplex with
120 9th Avenue N Buhl, ID 83316
For Sale
$300,000
MULTI_FAMILY - Buhl, ID
Property Size3,156 SF
Lot Size0.23 Acres
Price / SF$95.06
Days on Market416
Property Features for 120 9th Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 1
- Parking
- 4
- Parking features
- Garage, Driveway
- Appliances
- Disposal (No Units), Stove/Range (Some Units), Refrigerator (No Units), Washer/Dryer (No Units)
- Standard status
- Active
- APN
- RPB7241068015A
- Size
- 3,156 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Buhl Townsite Amd E 10 Lot 15; Lots 16 Thru 18 Block 68 (36-9-14)
- Tax Annual Amount
- 1232
Utilities
- Heating system
- Oil, Forced Air, Natural Gas
Building Details
- Year built
- 1941
- Number of units
- 2
- Building materials
- Insulation, Frame, Wood Siding
- Roof type
- Composition, Tile
Listing Agency:
Lezamiz Real Estate Co.
(208) 734-7007
Listed By:
Sid Lezamiz · License #DB16358
(208) 733-5900
Added: Jun 4, 2025
Changed: Jul 23
Last Checked: Jul 24 at 3:06AM
MLS# 98949667
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property includes two separate units with individual interiors and basement areas. The south unit (#120) is currently vacant and features three bedrooms and a half bath. The north unit (#122) is tenant occupied and includes three bedrooms and one bath, with luxury vinyl plank flooring and a gas furnace with central air. The north unit also has an upper studio area with one unfinished bathroom, and both units are supported by two separate basement areas within the building.
The property also includes a 36 by 20 detached workshop located in the back lot. The workshop is insulated and has 220 power, gas heat, and garage door access, and it is currently being used for woodworking. The overall lot size is 0.23 acres. According to the City of Buhl, the property is zoned B-1 Central Business District and is limited to either two single-family dwellings or two commercial uses.
For buyers or operators, the layout supports flexible occupancy options between the two units and a separate detached workspace. The presence of central air in the occupied unit and the heated, garage-access workshop can help support a range of live/work or income-focused configurations, subject to the B-1 zoning limitations stated by the city.
The property also includes a 36 by 20 detached workshop located in the back lot. The workshop is insulated and has 220 power, gas heat, and garage door access, and it is currently being used for woodworking. The overall lot size is 0.23 acres. According to the City of Buhl, the property is zoned B-1 Central Business District and is limited to either two single-family dwellings or two commercial uses.
For buyers or operators, the layout supports flexible occupancy options between the two units and a separate detached workspace. The presence of central air in the occupied unit and the heated, garage-access workshop can help support a range of live/work or income-focused configurations, subject to the B-1 zoning limitations stated by the city.
Key Highlights
- Two‑unit property: South unit #120 is vacant (3 bedrooms, half bath); North unit #122 is tenant occupied and rents for $1,000/month.
- North unit #122 includes 3 bedrooms, 1 bath, plus an upper studio area with 1 unfinished bathroom.
- Separate basement areas: the building has two distinct basement areas for the units.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $15.72 |
| − Vacancy | −$2.0k | −$0.63 |
| EGI | $47.6k | $15.09 |
| − OpEx | −$21.4k | −$6.79 |
| NOI | $26.2k | $8.30 |
3,156 SF · lease $15.72/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$415.9K
$363.9K – $485.3K
NOI $29,115 @ 7.0% cap · market cap 9.71%
Second Best
Apartment 5plus
$374.2K
$327.4K – $436.6K
NOI $26,195 @ 7.0% cap · market cap 8.73%
Theoretical Best
Specialty Retail
$724.0K
$633.5K – $844.7K
NOI $50,680 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gietzen Solar
Solar Energy Contractor
FAQs
What type of property is this?
Duplex - This duplex property includes two units and an insulated detached workshop with garage door access for practical live/work flexibility.
Where is this duplex located?
The property is located at 120 9th Avenue N Buhl, ID.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit property: South unit #120 is vacant (3 bedrooms, half bath); North unit #122 is tenant occupied and rents for $1,000/month.; North unit #122 includes 3 bedrooms, 1 bath, plus an upper studio area with 1 unfinished bathroom.; Separate basement areas: the building has two distinct basement areas for the units.
