564 S Blue Lakes Blvd, Twin Falls, ID 83301
- Added:
- Mar 13, 2026
- Days on Market:
- 94
- Last Refresh:
- Jun 14 at 11:06 pm
Property Features for 564 S Blue Lakes Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 9, Bathroom 4, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 5
- Parking
- 8
- Parking features
- RV
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Standard status
- Pending
- APN
- RP10S17E217280
- Size
- 4,825 SF
- Lot size
- 4.00 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Sec 21 T 10 R 17 S1/2 N 1/2 NE NE SE, EXC NE 100' x250' & EXC E 30' HWY
- Tax Annual Amount
- 3309
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Baseboard, Natural Gas, Fireplace(s), Wood
- Cooling system
- Central Air
- Water source
- Well
- Water front features
- Pond
Building Details
- Year built
- 1948
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Stone, Wood Siding
- Roof type
- Wood, Composition, Metal
Listing agent Heidi Casdorph License #sp42626 (208) 420-8978
Listing office Century 21 Gateway 321 Eastland Dr., Twin Falls, ID (208) 733-5600
Listing date Mar 13, 2026
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex on 4 acres with three separately metered units
- Fully rented property; leases end in April 2026
- Main home: 4 bedrooms, 2 bathrooms, plus nearly 1,000 SF insulated garage space
- Second unit above garage: 3 bedrooms, 2 bathrooms with central air and a private deck
- Third unit: 2 bedrooms, 1 bathroom lava rock home with a new roof
- Water: well; sewer: septic tank; features include a pond, fenced yard, and RV parking
Overview
The second unit is a spacious three-bedroom, two-bath home located above the garage. It includes air conditioning, an updated kitchen, fresh paint and carpet, and a private deck.
The third unit is a two-bedroom, one-bath lava rock home with a new roof, fresh carpet, and a stated strong rental history. The property is currently fully rented, and lease terms are noted to end in April 2026. Located at 564 S Blue Lakes Blvd in Twin Falls, Idaho, the setting is described as just minutes from town, with a total lot size of approximately 4 acres supporting a small multi-unit lifestyle for investors or owner-occupants seeking multiple income-producing configurations.
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 | $66.6k | $13.80 |
| − Vacancy | −$3.0k | −$0.62 |
| EGI | $63.6k | $13.18 |
| − OpEx | −$19.1k | −$3.95 |
| NOI | $44.5k | $9.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Twin Falls
- County
- Twin Falls
- State
- Idaho
- Longitude
- -114.461021
- Latitude
- 42.540391
