503 Gladstone Street Idaho Falls, ID 83401
MULTI_FAMILY - Idaho Falls, ID
- Added:
- Jul 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 10 at 8:06 pm
Property Features for 503 Gladstone Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 4
- Basement
- Partially Finished
- Standard status
- Active
- APN
- RPA0420023025A
- Size
- 2,442 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- S 66.5' LOTS 25-27, BLOCK 23, CAPITOL HILL SW1/4, SEC 17, T 2N, R 38
- Tax Annual Amount
- 1441
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1935
- Number of units
- 4
- Building materials
- Brick
Listing agent Jade Robinson License #SP51461 (208) 523-6111
Listing office Silvercreek Realty Group 2002 Jennie Lee Dr, Meridian, ID (208) 523-6111
Listing date Jul 1, 2026
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.
The property is located at 503 Gladstone Street in Idaho Falls, Idaho (Bonneville County). Public remarks indicate it is positioned near schools, parks, and shopping, with convenient access to everyday amenities.
Designed for investors and owner-operators seeking a small multifamily asset, the unit mix supports a consistent rental plan across the building. With four well-defined living spaces, the property may appeal to buyers looking to add a residential income property to their portfolio or to consider renovation-oriented opportunities based on their own goals. For more details on current rents, expenses, or potential improvements, buyers should confirm with the listing broker and review the available property information during due diligence.
Key Highlights
- Brick 4‑plex built in 1935
- Four 1‑bedroom, 1‑bathroom units
- Natural gas heating
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 | $30.8k | $12.60 |
| − Vacancy | −$1.4k | −$0.57 |
| EGI | $29.4k | $12.03 |
| − OpEx | −$8.8k | −$3.61 |
| NOI | $20.6k | $8.42 |
