Leased Duplex on Corner
10024 N Hillview Drive Hayden, ID 83835
10024 N Hillview Drive, Hayden, ID, 83835
$614,083
For Sale
$614,083
Well-maintained duplex with two mirror-image units, each leased, featuring large fenced backyards.
Property Size2,280 SF
Price / SF$269.33
Days on Market106
Property Features for 10024 N Hillview Drive
General Information
- Standard status
- Active
- Size
- 2,280 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1985
Listing agency
Pearl Realty,LLC
(208) 762-5500
Listed by
Joel Pearl · License #DB29302
Source
Purewestrealestate
Added: Apr 8 Updated: Jul 21 at 3:52AM Checked: Jul 21 at 3:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pearl Realty,LLC
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two mirror-image units. Each unit is configured with 3 bedrooms and 2 bathrooms and offers a fenced backyard. Both units are currently leased.
The property sits on a corner lot at 10024 N Hillview Drive in Hayden, Idaho.
With a total building size of 2,280 square feet, the duplex presents a straightforward residential income layout with existing tenants in place.
The property sits on a corner lot at 10024 N Hillview Drive in Hayden, Idaho.
With a total building size of 2,280 square feet, the duplex presents a straightforward residential income layout with existing tenants in place.
Key Highlights
- 1985‑built duplex on a corner lot with two mirror‑image units (2,280 sq ft total building size)
- Each unit offers 3 beds and 2 baths with 1,140 sq ft per unit
- Both units are currently leased, providing an immediate income stream
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 | $31.5k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $29.7k | $13.04 |
| − OpEx | −$8.9k | −$3.91 |
| NOI | $20.8k | $9.13 |
2,280 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$297.3K
$260.2K – $346.9K
NOI $20,813 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$275.1K
$240.7K – $321.0K
NOI $19,258 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$494.6K
$432.8K – $577.0K
NOI $34,621 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two mirror-image units, each leased, featuring large fenced backyards.
Where is this duplex located?
The property is located at 10024 N Hillview Drive Hayden, ID.
What is the asking price?
The asking price for this property is $614,083.
What are key features of this property?
This property features: 1985‑built duplex on a corner lot with two mirror‑image units (2,280 sq ft total building size); Each unit offers 3 beds and 2 baths with 1,140 sq ft per unit; Both units are currently leased, providing an immediate income stream
