Duplex Townhome with
For Sale
$615,000
1295/1297 Bear Avenue, Idaho Falls, ID 83402
MULTI_FAMILY - Idaho Falls, ID
Property Size3,592 SF
Lot Size0.14 Acres
Price / SF$171.21
Days on Market22
Property Features for 1295/1297 Bear Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning description
General Zoning: Tn-Trad Neigh, Specific Zoning: Idaho Falls-Tn-Traditional Nbh
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4
Exterior features
Balcony
Appliances
Separate Water Heaters, Dishwasher, Oven, Stove
Subdivision
Highland Park-Bon
Lot features
Near Schools, Flower Beds
Elementary school
Bush 91EL
Middle school
Eagle Rock 91JH
High school
Skyline 91HS
Directions
From Anderson St and Bear Ave - Head S on Bear to property address
Standard status
Active
APN
RPA1040030017B
Size
3,592 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lots 43, Block 30, Highland Park Addition
Tax Annual Amount
0
Legal Description
Lots 43, Block 30, Highland Park Addition
Utilities
Sewer type
Public Sewer
Heating system
Zoned, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Keller Williams Realty East Idaho
(208) 529-8888
Listed By:
Connor Van Orden
(208) 529-8888
Added: Jul 15
Changed: Aug 1
Last Checked: Aug 5 at 3:06PM
MLS# 2187160
Copyright © 2026 Snake River Regional MLS. 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.
Under construction new-build duplex townhome on the west side of Idaho Falls offering two stories with a functional, open-concept layout and no basement. The home is planned with three bedrooms and two bathrooms, with warm interior tones and an abundance of cabinetry for storage throughout the kitchen, bathrooms, and the home. A balcony is included as an exterior feature.
Heating is zoned electric with central air cooling. Utilities include public water and public sewer.
Built in 2026, this duplex townhome is designed to maximize usable living space and provides convenient access for everyday needs, including proximity to schools, shopping, dining, and commuter-friendly interstate access.
Heating is zoned electric with central air cooling. Utilities include public water and public sewer.
Built in 2026, this duplex townhome is designed to maximize usable living space and provides convenient access for everyday needs, including proximity to schools, shopping, dining, and commuter-friendly interstate access.
Key Highlights
- Under construction duplex townhome built in 2026
- Two‑story, open‑concept layout with no basement
- Three bedrooms and two bathrooms
Financial Insights For Multifamily LT 5
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 | $45.3k | $12.60 |
| − Vacancy | −$2.0k | −$0.57 |
| EGI | $43.2k | $12.03 |
| − OpEx | −$13.0k | −$3.61 |
| NOI | $30.3k | $8.42 |
3,592 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$432.2K
$378.2K – $504.3K
NOI $30,256 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$391.0K
$342.1K – $456.1K
NOI $27,368 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$793.6K
$694.4K – $925.9K
NOI $55,552 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction two-story duplex townhome with an open layout, central air, and public utilities.
Where is this duplex located?
The property is located at 1295/1297 Bear Avenue Idaho Falls, ID.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Under construction duplex townhome built in 2026; Two‑story, open‑concept layout with no basement; Three bedrooms and two bathrooms
