Updated Duplex with
For Sale
$429,900
340 Taylor St., Twin Falls, ID 83301
Residential Income, Twin Falls, ID
Property Size1,728 SF
Lot Size0.31 Acres
Price / SF$248.78
Days on Market199
Property Features for 340 Taylor St.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking
4
Parking features
Carport
Appliances
Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
Twin Falls Milner
Lot features
10000 S F - .49
Elementary school
Harrison
Middle school
Robert Stuart
High school
Canyon Ridge
Elementary school district
Twin Falls School District #411
Middle school district
Twin Falls School District #411
High school district
Twin Falls School District #411
Directions
From Addison Ave go North on Fillmore then West on Borah then South on Taylor at the end on the left
Standard status
Active
APN
RPT3361000001B
Size
1,728 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Twin Falls Milner Subd N 100' of Tax's 419 & 514 Lot 1
Tax Annual Amount
2921
Legal Description
Twin Falls Milner Subd N 100' of Tax's 419 & 514 Lot 1
Utilities
Heating system
Ductless (Heating)
Cooling system
Ductless, Zoned
Amenities
storage sheds
fenced yards
Building Details
Year built
1968
Number of units
2
Building materials
Frame, Vinyl Siding
Roof type
Composition
Listing Agency:
Keller Williams Realty Boise
(208) 672-9000
Listed By:
Viktoria Mcdonald · License #SP41665
(208) 401-5211
Added: Feb 17
Changed: Sep 2
Last Checked: Sep 4 at 5:06PM
MLS# 98975040
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 1,728-square-foot duplex contains two residential units on a 0.31-acre parcel. Interior improvements include newer paint, flooring, shaker-style cabinetry, stainless appliances, updated lighting, and renovated bathrooms. Each unit includes a stove/range, refrigerator, and washer/dryer. The property also benefits from a newer composition roof, newer ductless mini-split equipment, and a newer water heater.
Built in 1968, the frame building has vinyl siding, zoned ductless cooling, and carport parking. Additional site features include storage sheds and separate fencing for each unit. The property is located at 340 Taylor St. in Twin Falls, Idaho, on a street that terminates in a cul-de-sac.
Built in 1968, the frame building has vinyl siding, zoned ductless cooling, and carport parking. Additional site features include storage sheds and separate fencing for each unit. The property is located at 340 Taylor St. in Twin Falls, Idaho, on a street that terminates in a cul-de-sac.
Key Highlights
- 1,728‑square‑foot duplex on a 0.31‑acre parcel
- Both units feature refreshed finishes, updated bathrooms, and stainless appliances
- Newer roof, ductless mini‑split system, and water heater
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,941
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$318,820
$318.8K
Cap Rate 7%
$227,729
$227.7K
Cap Rate 9%
$177,122
$177.1K
Market Conditions
NOI Build-Up for 1,728 SF
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.
Gross rent
$23.8K $13.80/SF
− Vacancy
−$1.1K −$0.62/SF
EGI
$22.8K $13.18/SF
− OpEx
−$6.8K −$3.95/SF
NOI
$15.9K $9.23/SF
Area
Twin Falls County, ID
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$318,820
Cap Rate 7%
$227,729
Cap Rate 9%
$177,122
Alternative Uses
Best Use
Multifamily LT 5
$227.7K
$199.3K – $265.7K
NOI $15,941 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K
NOI $14,343 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$396.4K
$346.9K – $462.5K
NOI $27,749 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Explore this area
Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences feature refreshed interiors, individual fencing, storage sheds, and ductless heating and cooling.
Where is this duplex located?
The property is located at 340 Taylor St. Twin Falls, ID.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,728‑square‑foot duplex on a 0.31‑acre parcel; Both units feature refreshed finishes, updated bathrooms, and stainless appliances; Newer roof, ductless mini‑split system, and water heater
