Duplex with Separate Electric
For Sale
$355,000
586 Boyd, Chubbuck, ID 83202
MULTI_FAMILY - Chubbuck, ID
Property Size2,096 SF
Lot Size0.26 Acres
Price / SF$169.37
Days on Market41
Property Features for 586 Boyd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
General Zoning: Res-Multi-Family, Specific Zoning: Bannock-Residential Suburban
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Basement
Parking features
Off Street, RV
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Newly Renovated
Basement
Daylight
Appliances
Refrigerator, Oven, Dryer, Microwave, Stove, Washer
Subdivision
Neider 1st Addn
Lot features
Low Traffic, Near Mall/ Shop, Near Public Transit, Near Schools, Established Lawn, Many Trees, Flower Beds, Sprinkler- Manual
Elementary school
Chubbuck
Middle school
Hawthorne Middle School
High school
Pocatello High
Directions
Going north on Yellowstone Avenue, turn west (left) onto W. Chubbuck Road. Continue straight until you reach Hawthorne Road in which you will take a right turn. Keep driving past Scott Street and take a left turn on Boyd. It is on the right.
Standard status
Active
APN
RCND1011301
Size
2,096 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S4-T65-R34E E51' LOT 7 W20' OF E71 x S100' (LESS N PORT ADJ SCHOOL DIS
Tax Annual Amount
1961
Legal Description
S4-T65-R34E E51' LOT 7 W20' OF E71 x S100' (LESS N PORT ADJ SCHOOL DIS
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
washer and dryer hookups
separate electrical meters
fully fenced yard
two sheds
deck
large RV pad
Building Details
Year built
1976
Number of units
2
Building materials
Frame, Vinyl Siding
Listing Agency:
Congress Realty, Inc
(888) 881-4118
Listed By:
Jared English · License #B.1001537
(888) 881-4118
Added: Jul 20
Changed: Aug 3
Last Checked: Aug 29 at 9:06AM
MLS# 2187903
Copyright © 2026 Snake River Regional MLS. 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 Boyd Duplex offers two residential units in a frame home with vinyl siding, built in 1976. Each unit provides two bedrooms and one bathroom, plus a classic-designed kitchen, a spacious living room, and washer and dryer hookups. The units also have separate electrical meters, supporting independent service and added convenience. The upper unit has been updated with fresh interior paint, new carpet, new light fixtures, and new closet doors.
Set on a 0.26-acre lot, the property includes a fully fenced yard with irrigation water, a deck, and dwarf Alberta spruce trees. Additional outdoor space features two sheds and a large RV pad. Parking is available off-street, with RV parking included. The home is served by public water and public sewer, and electric heating.
Appliances included are a refrigerator, oven, microwave, stove, washer, and dryer.
Set on a 0.26-acre lot, the property includes a fully fenced yard with irrigation water, a deck, and dwarf Alberta spruce trees. Additional outdoor space features two sheds and a large RV pad. Parking is available off-street, with RV parking included. The home is served by public water and public sewer, and electric heating.
Appliances included are a refrigerator, oven, microwave, stove, washer, and dryer.
Key Highlights
- Each unit has two bedrooms and one bathroom
- Separate electrical meters for each unit
- Upper unit updated with fresh paint, new carpet, and new light fixtures
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
3.98%
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 3.98%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.5K
NOI $13,170 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$347.3K
$303.9K – $405.2K
NOI $24,312 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
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 - Two-bedroom duplex with separate electrical meters, washer and dryer hookups, fenced yard, and off-street plus RV parking.
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 $355,000.
What are key features of this property?
This property features: Each unit has two bedrooms and one bathroom; Separate electrical meters for each unit; Upper unit updated with fresh paint, new carpet, and new light fixtures
