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    4359 Yeti Ln Island Park, ID 83429

    Sponsored
    For Sale
    $3,150,000

    MULTI_FAMILY - Island Park, ID

    Property size:
    8,790 SF
    Lot size:
    0.04 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 2 at 7:06 pm

    Property Features for 4359 Yeti Ln

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 14, Bathroom 9, Bedroom 13, Bathroom 14, Bathroom 4, Bathroom 11, Bedroom 10, Bathroom 16, Bedroom 8, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 7, Bathroom 12, Bedroom 11, Bedroom 2, Bathroom 3, Bedroom 12, Bathroom 10, Bathroom 5, Bedroom 6, Bathroom 6, Bathroom 7, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 8, Bedroom 9, Bathroom 13, Bathroom 15
    Bedrooms
    14
    Bathrooms
    14
    APN
    RP006440020150
    Parking
    8
    Parking features
    Garage
    Patio and Porch features
    Deck
    Interior features
    Ceiling Fan(s), Loft, Wired for Data, Storage, Network Ready, Separate Storage
    Exterior features
    Balcony
    Appliances
    Separate Water Heaters, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Stove
    Size
    8,790 SF
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2025
    Number of units
    4
    Building materials
    Hardboard/Composition, Stone
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Luke Bloxham

    Real Broker LLC (855) 450-0442

    Listing agent Luke Bloxham (208) 431-3785

    Listing date Mar 2, 2026

    MLS# 2182316 Listing URL

    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.

    Learn more

    Overview

    Island Park Townhouse Quadplex

    This property features a four-unit townhouse building, presenting a unique opportunity for ownership. It offers potential for short-term rentals and year-round access, located 20 minutes from Yellowstone National Park. The property is suitable as a vacation rental, second home, or full-time residence. Surrounded by trees and backing to Forest Service land, it is near trails, rental shops, a golf course, grocery store, restaurants, and the Playmill Theatre. The 2,507 sq. ft. building includes 4 bedrooms, 3.5 bathrooms, two living areas, and a 2-car garage. The design incorporates high-end finishes. Built for durability and low maintenance, it includes Diamond Kote siding, a propane on-demand water heater, dual-zone forced air heating, and a water softener. It's pre-wired for a hot tub and EV charging in the garage. The Home Owners Association covers snow removal, exterior maintenance, landscaping, and private fencing. The property is located in Island Park, ID, in Fremont County. The lot size is 0.036 acres.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Island Park
    County
    Fremont
    State
    Idaho
    Longitude
    -111.3160152
    Latitude
    44.5151199

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Quadplex - Four-unit townhouse near Yellowstone, ideal for short-term rentals.
    Where is this quadplex located?
    The property is located at 4359 Yeti Ln Island Park, ID.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: - Rare opportunity to own an entire building with 4 individual townhouse units, offering flexible exit strategies.; - Excellent short-term rental potential with year-round access and proximity to Yellowstone National Park (20 minutes).; - Backs to Forest Service land and is close to trails, golf course, restaurants, and the Playmill Theatre.
    (208) 841-3088
    Request Owner's contact information
    4359 Yeti Ln Island Park, ID 83429
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    Island Park, ID 83429
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4359 Yeti Ln Island Park, ID 83429
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    We can help!
    Listing Contact
    Luke Bloxham
    Real Estate License ID: SP45710
    (208) 841-3088 (208) 431-3785 (208) 529-8888
    Learn more
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