Two-Story 4-Plex
2400 Virlow Idaho Falls, ID 83401
New
For Sale
$1,200,000
Pending
MULTI_FAMILY - Idaho Falls, ID
Property Size5,856 SF
Lot Size0.24 Acres
Days on Market2
Property Features for 2400 Virlow
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Property condition
- Under Construction
- Bedrooms
- 12
- Bathrooms
- 10
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 10, Bathroom 11, Bedroom 8, Bathroom 2, Bedroom 9, Bedroom 11, Bathroom 3, Bathroom 8, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 7, Bedroom 5, Bathroom 5, Bathroom 6, Bedroom 12, Bathroom 10, Bathroom 9, Bathroom 12
- Parking
- 8
- Appliances
- Separate Water Heaters, Dishwasher, Microwave, Oven, Stove
- Standard status
- Pending
- APN
- RPA2960001001O
- Size
- 5,856 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lot 19, Block 1, Virlow Village
- Tax Annual Amount
- 38
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Number of units
- 4
- Building materials
- Vinyl Siding
Listing Agency:
Keller Williams Realty East Idaho
(208) 529-8888
Listed By:
Anderson Hicks Group
(208) 529-8888
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 7:06PM
MLS# 2184916
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.
New in 2025, this two-story 4-plex is designed for four independent units. Each unit features an open-concept main floor with wood cabinetry, granite countertops, an island, and a convenient half bath. Upstairs, every unit offers three bedrooms, including a private master suite, along with a dedicated laundry area. Parking and storage are addressed with an attached double-car garage for each unit.
The property is located in Idaho Falls, Idaho, at 2400 Virlow (Bonneville County). Public remarks note the building is just minutes from shopping, restaurants, and schools.
With all units arranged as complete, self-contained homes and attached garages included, the layout supports straightforward, tenant-ready operation for the first occupancy.
The property is located in Idaho Falls, Idaho, at 2400 Virlow (Bonneville County). Public remarks note the building is just minutes from shopping, restaurants, and schools.
With all units arranged as complete, self-contained homes and attached garages included, the layout supports straightforward, tenant-ready operation for the first occupancy.
Key Highlights
- Brand‑new 2025 construction: modern 2‑story 4‑plex with four units
- Each unit has an open‑concept main floor with wood cabinetry, granite countertops, an island, and a half bath
- Upstairs layout includes 3 bedrooms per unit, including a private master suite and a dedicated laundry area
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 | $73.8k | $12.60 |
| − Vacancy | −$3.3k | −$0.57 |
| EGI | $70.5k | $12.03 |
| − OpEx | −$21.1k | −$3.61 |
| NOI | $49.3k | $8.42 |
5,856 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$704.7K
$616.6K – $822.1K
NOI $49,326 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$637.4K
$557.7K – $743.6K
NOI $44,617 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,567 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - New 2025 two-story 4-plex with four units, each offering three bedrooms, a laundry area, and an attached double-car garage.
Where is this quadplex located?
The property is located at 2400 Virlow Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Brand‑new 2025 construction: modern 2‑story 4‑plex with four units; Each unit has an open‑concept main floor with wood cabinetry, granite countertops, an island, and a half bath; Upstairs layout includes 3 bedrooms per unit, including a private master suite and a dedicated laundry area
