New Construction 4-Plex
5405 103-204 Park Lawn Chubbuck, ID 83202
For Sale
$709,900
MULTI_FAMILY - Chubbuck, ID
Property Size4,400 SF
Lot Size0.16 Acres
Price / SF$161.34
Days on Market110
Property Features for 5405 103-204 Park Lawn
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Residential
Bedrooms
12
Bathrooms
4
Rooms
Bedroom 4, Bedroom 12, Bathroom 4, Bedroom 8, Bedroom 7, Bedroom 11, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 10, Bathroom 1, Bedroom 9
Standard status
Active
Size
4,400 SF
Lot size
0.16 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: Apr 10
Changed: Jul 26
Last Checked: Jul 28 at 5:06AM
MLS# 582184
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 4-plex features four separate units, each with a three-bedroom layout. The property includes a fire suppression system and modern, low-maintenance finishes such as granite countertops and LVP flooring, along with durable vinyl siding. Heating and cooling are provided via PTAC heat and AC units. Appliances are included except for washer and dryer.
The offering is located in Chubbuck, Idaho, in Bannock County, and is zoned residential. Professional property management is already in place for a seamless transition.
The current configuration is designed for straightforward day-to-day operations, with unit-level PTAC heating and cooling and consistent interior finishes across the building.
The offering is located in Chubbuck, Idaho, in Bannock County, and is zoned residential. Professional property management is already in place for a seamless transition.
The current configuration is designed for straightforward day-to-day operations, with unit-level PTAC heating and cooling and consistent interior finishes across the building.
Key Highlights
- Under construction 2026 frame 4‑plex with 4 units and 3‑bedroom layouts
- Fire suppression system included
- Granite countertops and LVP flooring 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 | $44.9k | $10.20 |
| − Vacancy | −$2.5k | −$0.56 |
| EGI | $42.4k | $9.64 |
| − OpEx | −$12.7k | −$2.89 |
| NOI | $29.7k | $6.75 |
4,400 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$424.1K
$371.1K – $494.8K
NOI $29,688 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$394.9K
$345.6K – $460.8K
NOI $27,646 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$729.1K
$638.0K – $850.6K
NOI $51,036 @ 7.0% cap · market cap 7.19%
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 newly constructed 4-plex with three-bedroom units, modern finishes, and included appliances except washer and dryer.
Where is this quadplex located?
The property is located at 5405 103-204 Park Lawn Chubbuck, ID.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: Under construction 2026 frame 4‑plex with 4 units and 3‑bedroom layouts; Fire suppression system included; Granite countertops and LVP flooring in each unit
