Back to Search
Duplex with Yard Access

2220 Big Sky St Caldwell, ID 83605

Claim this Listing
For Sale
$470,000

MULTI_FAMILY - Caldwell, ID

Property size:
2,132 SF
Price / SF:
$220/SF
Added:
May 5, 2026
Days on Market:
67
Last Refresh:
Jul 10 at 8:06 pm

Property Features for 2220 Big Sky St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3
Parking
4
Parking features
RV
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
Standard status
Active
APN
R0751400000
Size
2,132 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
23-4N-3W NW WINN ADD LT 6 BLK 1, Caldwell, Canyon County, Idaho
Tax Annual Amount
3015

Utilities

Heating system
Electric (Heating), Forced Air, Wood
Cooling system
Central Air

Building Details

Year built
1978
Number of units
2
Building materials
Frame, Wood Siding
Roof type
Composition

Listing agent Josh Cormier License #DB45611

Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID

Listing date May 5, 2026

MLS# 98984932 Listing URL

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 Caldwell duplex includes two separate residential units. The larger unit is currently occupied by long-term tenants, who have been in place for an extended period and would like to remain. The smaller unit is vacant and ready for immediate occupancy. The larger unit has full access to the yard and includes comfortable outdoor space for day-to-day use. The smaller unit features a covered seating area, with the property described as having potential to modify the setup to support shared backyard access.

The property is located at 2220 Big Sky St in Caldwell, Idaho (Canyon County), within a neighborhood characterized by long-time homeowners and very low turnover, according to the listing remarks. The home’s residential income design supports a straightforward live-in-and-lease or all-rental approach depending on how an owner plans to occupy the vacant unit.

For tenants, the current vacancy presents an opportunity to move in without waiting for a future turnover. For an owner or buyer, the existing long-term tenancy in one unit can provide continuity while the vacant unit offers flexibility to secure a new occupant promptly. The shared outdoor elements and covered seating area may appeal to residents looking for practical, comfortable space beyond the interior living areas.

Key Highlights

  • Caldwell duplex built in 1978 with a history of strong rental demand
  • Appliances included in all units: disposal, stove/range, and refrigerator
  • Washer/dryer available in some units

Local 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 $57.8k $27.12
− Vacancy −$2.1k −$0.99
EGI $55.7k $26.13
− OpEx −$25.1k −$11.76
NOI $30.6k $14.37
2,132 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$437.7K
$383.0K – $510.6K (±1% cap)
NOI $30,637 @ 7.0% cap · market cap 6.52%
Second Best
Multifamily LT 5
$182.7K
$159.9K – $213.2K (±1% cap)
NOI $12,791 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$567.9K
$496.9K – $662.5K (±1% cap)
NOI $39,750 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Carpet & Flooring Store Pharmacy Catering Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit Caldwell duplex with one long-term tenant unit and a vacant unit ready for immediate occupancy.
Where is this duplex located?
The property is located at 2220 Big Sky St Caldwell, ID.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Caldwell duplex built in 1978 with a history of strong rental demand; Appliances included in all units: disposal, stove/range, and refrigerator; Washer/dryer available in some units
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message