New Construction
5405 105-206 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 Market27
Property Features for 5405 105-206 Park Lawn
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Residential
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 8, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 2
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: Jul 2
Changed: Jul 26
Last Checked: Jul 28 at 5:06AM
MLS# 582983
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.
This turnkey new construction four-plex offers four separate 2-bedroom units designed for straightforward, low-maintenance living. The property includes fire suppression system, granite countertops, and LVP flooring, along with durable vinyl siding. Heating and cooling are provided by individual PTAC heat and AC units in each unit. Appliances are included, with the exception of washer and dryer, reducing move-in friction for tenants.
Located in Chubbuck, Idaho (Bannock County), the property sits on a 0.15-acre lot and totals 3,200 square feet across all units. The listing information also notes professional property management is already in place to support a seamless transition for the new owner.
For investors or operators seeking a manageable residential income asset, this four-plex provides uniform unit layouts and newer construction features intended to help control near-term capital demands. Each unit’s modern interior upgrades and included appliances support tenant appeal, while the presence of in-place management can simplify operations after closing.
Located in Chubbuck, Idaho (Bannock County), the property sits on a 0.15-acre lot and totals 3,200 square feet across all units. The listing information also notes professional property management is already in place to support a seamless transition for the new owner.
For investors or operators seeking a manageable residential income asset, this four-plex provides uniform unit layouts and newer construction features intended to help control near-term capital demands. Each unit’s modern interior upgrades and included appliances support tenant appeal, while the presence of in-place management can simplify operations after closing.
Key Highlights
- Under construction 2026 new construction 4‑plex with frame construction and durable vinyl siding
- Each unit offers a 2‑bedroom layout
- Wall/window unit cooling and zoned heating
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 four-plex with four 2-bedroom units, modern finishes, and appliances included except washer and dryer.
Where is this quadplex located?
The property is located at 5405 105-206 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: Under construction 2026 new construction 4‑plex with frame construction and durable vinyl siding; Each unit offers a 2‑bedroom layout; Wall/window unit cooling and zoned heating
