703 Locust St., Buhl, ID 83316
- Added:
- May 5, 2026
- Days on Market:
- 41
- Last Refresh:
- Jun 14 at 10:06 pm
Property Features for 703 Locust St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 13
- Bathrooms
- 8
- Rooms
- Bathroom 1, Bathroom 6, Bedroom 11, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 8, Bathroom 8, Bathroom 4, Bedroom 13, Bathroom 2, Bedroom 7, Bathroom 7, Bathroom 5, Bedroom 9, Bedroom 3, Bedroom 4, Bedroom 10, Bathroom 3, Bedroom 2, Bedroom 12
- Parking
- 5
- Parking features
- Carport
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
- Standard status
- Active
- APN
- RPB7241055001C
- Size
- 7,498 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Buhl Townsite Amd Lots 1 & 2 Block 55 (36-9-14) (63-602B)
- Tax Annual Amount
- 5729
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 4
- Building materials
- Frame
- Roof type
- Composition
Listing agent Tad Haney License #AB00003117 (208) 420-4195
Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID (208) 377-0422
Listing date May 5, 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
- 4‑plex with separate meters for electrical and gas, plus four tenant water meters (backside of city meter) for individual water fees
- Renovated from the original structure with a new roof and newer windows
- New fire suppression sprinkler system with monitor, plus new plumbing and new electrical
- All units updated with new HVAC and central air; forced‑air heating with natural gas
- Unit appliances included: disposal, stove/range, and refrigerator (all units)
- On‑site parking includes carport plus available on‑street parking along with additional parking on the North side of 7th
Overview
The property is situated on a 0.3-acre lot and totals 7,498 square feet. Separate meters are provided for electrical and gas, and there are four water meters on the backside of the city water meter to support tenant-paid water fees. Internet service is provided for the units.
For investors or buyers seeking an income property with an upgraded, low-maintenance profile, this asset is currently leased. Parking is available via on-street spaces, along with additional parking on the north side of 7th on the street.
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 | $103.5k | $13.80 |
| − Vacancy | −$4.7k | −$0.62 |
| EGI | $98.8k | $13.18 |
| − OpEx | −$29.6k | −$3.95 |
| NOI | $69.2k | $9.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buhl
- County
- Twin Falls
- State
- Idaho
- Longitude
- -114.7583026
- Latitude
- 42.6015682
