Updated Duplex with RV
New
For Sale
$329,900
586 Boyd, Chubbuck, ID 83202
MULTI-FAMILY, All Units-One Building, Units Over and Under, Chubbuck, ID
Property Size2,096 SF
Lot Size0.26 Acres
Price / SF$157.40
Days on Market5
Property Features for 586 Boyd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Fencing
Chain Link
Lot features
Near Schools
Elementary school
Chubbuck
Middle school
Hawthorne
High school
Pocatello
Subdivision
Chubbuck & North
Standard status
Active
Size
2,096 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
1991
Utilities
Heating system
Baseboard
Water source
Public
Amenities
washer/dryer hookups
fenced yard
sheds
irrigation water
deck
Building Details
Year built
1976
Number of units
2
Building materials
Frame
Architectural style
Other
Listing Agency:
Cornerstone Realty LLC
(208) 251-5815
Listed By:
Jared Christensen
(208) 238-8317
Added: Sep 23
Changed: Sep 27
Last Checked: Sep 27 at 4:06PM
MLS# 583696
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 frame duplex contains 2,096 square feet arranged as two residences, with each unit offering two bedrooms, one bathroom, a kitchen, living room, and washer and dryer hookups. Separate electrical meters serve the units. The upper residence has updated interior finishes, including fresh paint, new carpet, light fixtures, and closet doors, while the lower unit is ready for occupancy. Baseboard heating and public water serve the property.
The 0.26-acre parcel includes a chain-link-fenced yard, landscaped grounds with dwarf Alberta spruce trees, two sheds, a deck, and substantial off-street parking. Dedicated RV parking adds utility for owners or occupants with recreational vehicles. The property also has access to irrigation water and low-maintenance vinyl siding. Built in 1976, this residential income property is located in Chubbuck, Idaho.
The 0.26-acre parcel includes a chain-link-fenced yard, landscaped grounds with dwarf Alberta spruce trees, two sheds, a deck, and substantial off-street parking. Dedicated RV parking adds utility for owners or occupants with recreational vehicles. The property also has access to irrigation water and low-maintenance vinyl siding. Built in 1976, this residential income property is located in Chubbuck, Idaho.
Key Highlights
- 2,096‑square‑foot duplex with two residential units
- Each unit has 2 bedrooms and 1 bathroom
- Upper unit updated with paint, carpet, light fixtures, and closet doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,142
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$282,840
$282.8K
Cap Rate 7%
$202,029
$202.0K
Cap Rate 9%
$157,133
$157.1K
Market Conditions
NOI Build-Up for 2,096 SF
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.
Gross rent
$21.4K $10.20/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$20.2K $9.64/SF
− OpEx
−$6.1K −$2.89/SF
NOI
$14.1K $6.75/SF
Area
Bannock County, ID
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$282,840
Cap Rate 7%
$202,029
Cap Rate 9%
$157,133
Alternative Uses
Best Use
Multifamily LT 5
$202.0K
$176.8K – $235.7K
NOI $14,142 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.5K
NOI $13,170 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$347.3K
$303.9K – $405.2K
NOI $24,312 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
Demographics for 83202, ID
24,441
Population
8,866
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
93%
High-School Grad
166.8 sq mi
ZIP Area
147
Density / Sq Mi
$68,118
Median Household Income
$39,341
Median Earnings
$941
Median Rent
$300,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both units offer separate electrical metering, laundry hookups, and a two-bedroom, one-bathroom layout.
Where is this duplex located?
The property is located at 586 Boyd Chubbuck, ID.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 2,096‑square‑foot duplex with two residential units; Each unit has 2 bedrooms and 1 bathroom; Upper unit updated with paint, carpet, light fixtures, and closet doors
