New Construction
5405 111-212 Park Lawn Chubbuck, ID 83202
For Sale
$634,900
MULTI_FAMILY - Chubbuck, ID
Property Size3,200 SF
Lot Size0.15 Acres
Price / SF$198.41
Days on Market159
Property Features for 5405 111-212 Park Lawn
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Residential
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 6
Standard status
Active
Size
3,200 SF
Lot size
0.15 Acres
Utilities
Heating system
Zoned
Cooling system
Wall/Window Unit(s)
Water source
Public
Building Details
Year built
2026
Number of units
4
Building materials
Frame
Architectural style
Other
Listing Agency:
ReMax Country Real Estate
(208) 234-4444
Listed By:
Chris Robinson · License #SP28325
(208) 709-1943
Added: Feb 19
Changed: Jul 26
Last Checked: Jul 28 at 5:06AM
MLS# 581693
Copyright © 2026 Greater Pocatello Association of REALTORS®. 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.
A turnkey newly constructed 4-plex at 5405 Park Lawn, Chubbuck, ID 83202, built for low-maintenance operation. The property consists of four units, each featuring a 2-bedroom layout. Interior and exterior features include granite countertops, LVP flooring, durable vinyl siding, and PTAC heat and AC units. Appliances are included except washer and dryer, and the building includes a fire suppression system.
Residential zoning applies to the property. Professional property management is already in place for a seamless transition.
This is a straightforward, newly built income property configuration with consistent unit layouts and modern, durable finishes throughout.
Residential zoning applies to the property. Professional property management is already in place for a seamless transition.
This is a straightforward, newly built income property configuration with consistent unit layouts and modern, durable finishes throughout.
Key Highlights
- Newly built 4‑plex (2026) in under construction status
- Frame construction with zoned heating and wall/window A/C units
- 2‑bedroom layout in each unit
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 | $32.6k | $10.20 |
| − Vacancy | −$1.8k | −$0.56 |
| EGI | $30.8k | $9.64 |
| − OpEx | −$9.3k | −$2.89 |
| NOI | $21.6k | $6.75 |
3,200 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.4K
$269.9K – $359.9K
NOI $21,591 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$530.2K
$464.0K – $618.6K
NOI $37,117 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Turnkey 4-plex investment with 2-bedroom units, modern finishes, and appliances included except washer and dryer.
Where is this quadplex located?
The property is located at 5405 111-212 Park Lawn Chubbuck, ID.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: Newly built 4‑plex (2026) in under construction status; Frame construction with zoned heating and wall/window A/C units; 2‑bedroom layout in each unit
