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Updated Duplex Property

340 Taylor St. Twin Falls, ID 83301

340 Taylor St., Twin Falls, ID, 83301
$449,900
For Sale
$449,900

MULTI_FAMILY - Twin Falls, ID

Property Size1,728 SF
Lot Size0.31 Acres
Price / SF$260.36
Days on Market154

Property Features for 340 Taylor St.

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3
Parking
4
Parking features
Carport
Appliances
Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
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

Utilities

Heating system
Ductless (Heating)
Cooling system
Ductless, Zoned

Building Details

Year built
1968
Number of units
2
Building materials
Frame, Vinyl Siding
Roof type
Composition
Listing Agency Keller Williams Realty Boise
1065 S Allante, Boise, ID
Listed by Viktoria Mcdonald · License #SP41665
Added: Feb 17 Updated: Jul 13 at 2:39 pm Checked: Jul 21 at 5:06 am
MLS# 98975040 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 duplex includes two fully updated units with newer paint, newer flooring, soft white shaker cabinets, and stainless appliances. Lighting fixtures and bathroom finishes have also been updated. Additional improvements include a newer roof, a newer mini split system, and a newer water heater, designed to support low-maintenance ownership.

The property is located at 340 Taylor St. in Twin Falls, ID, on a quiet street that ends in a cul de sac. The site offers lots of parking and carport space, along with storage sheds. Each unit is individually fenced.

For tenants, buyers, and owner-occupants, the layout supports flexible use: you can rent both sides for income or live in one unit while leasing the other to help offset housing costs. Both units are currently rented, offering an immediately operational setup. The combination of updated interiors and recent major systems makes this duplex well-suited to buyers looking for straightforward, residential income living on a compact, self-contained property.

Key Highlights

  • Duplex built in 1968 with frame construction and vinyl siding; composition roof.
  • Both units are currently rented for $1,500/month total.
  • Units have updated interiors including newer paint, flooring, and soft white shaker cabinets.

Local 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 $23.8k $13.80
− Vacancy −$1.1k −$0.62
EGI $22.8k $13.18
− OpEx −$6.8k −$3.95
NOI $15.9k $9.23
1,728 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$227.7K
$199.3K – $265.7K (±1% cap)
NOI $15,941 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K (±1% cap)
NOI $14,343 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$396.4K
$346.9K – $462.5K (±1% cap)
NOI $27,749 @ 7.0% cap · market cap 6.17%
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

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Wine and Liquor Store

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

FAQs

What type of property is this?
Duplex - Two fully updated units provide a turnkey setup for renting both sides or living in one.
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 $449,900.
What are key features of this property?
This property features: Duplex built in 1968 with frame construction and vinyl siding; composition roof.; Both units are currently rented for $1,500/month total.; Units have updated interiors including newer paint, flooring, and soft white shaker cabinets.
Contact an agent
More about this property
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