4-Unit Residential
New
For Sale
$680,000
106 Briscoe Rd, Chubbuck, ID 83202
MULTI-FAMILY, All Units-One Building, Chubbuck, ID
Property Size4,160 SF
Lot Size0.05 Acres
Price / SF$163.46
Days on Market4
Property Features for 106 Briscoe Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 12, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 10, Bathroom 2, Bathroom 4, Bedroom 7, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 9, Bedroom 11, Bedroom 3, Bathroom 1
Lot features
Interstate Exit/ Access, Near Mall/ Shopping, Near Park, Near Public Bus Stop, Near Site Bus Stop, Near Schools
Elementary school
Ellis
Middle school
Alameda
High school
Highland
Subdivision
Chubbuck & North
Standard status
Active
Size
4,160 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5807
HOA Fee
$130 Monthly
Utilities
Heating system
Baseboard
Cooling system
Wall/Window Unit(s)
Water source
Public
Amenities
dishwasher
microwave
refrigerator
laundry hookups
off-street parking
asphalt driveway
established lawn with automatic sprinklers
partial vinyl fencing
Building Details
Year built
2022
Number of units
4
Building materials
Frame
Architectural style
Other
Listing Agency:
ReMax Country Real Estate
(208) 234-4444
Listed By:
Garret Durrant
(208) 317-1305
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 3 at 5:06PM
MLS# 583749
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.
Built in 2022, this frame quadplex contains four residences totaling 4,160 square feet on a 0.05-acre parcel. Each unit has three bedrooms, one bathroom, and approximately 1,040 square feet, along with a dishwasher, microwave, refrigerator, and laundry hookups. Baseboard heat and wall/window air conditioning serve the units.
The property has public water and city sewer, with separate power meters for each residence. Off-street parking is accessed by an asphalt driveway. The grounds include lawn with automatic sprinklers and partial vinyl fencing. Shopping, parks, public transportation, and interstate access are noted nearby.
The property has public water and city sewer, with separate power meters for each residence. Off-street parking is accessed by an asphalt driveway. The grounds include lawn with automatic sprinklers and partial vinyl fencing. Shopping, parks, public transportation, and interstate access are noted nearby.
Key Highlights
- Four residences, each with 3 bedrooms and 1 bathroom; approximately 1,040 sq. ft. per unit
- 4,160‑square‑foot building completed in 2022 on a 0.05‑acre parcel
- Dishwasher, microwave, refrigerator, and laundry hookups in each unit
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
$28,069
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
4.13%
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%
$561,380
$561.4K
Cap Rate 7%
$400,986
$401.0K
Cap Rate 9%
$311,878
$311.9K
Market Conditions
NOI Build-Up for 4,160 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
$42.4K $10.20/SF
− Vacancy
−$2.3K −$0.56/SF
EGI
$40.1K $9.64/SF
− OpEx
−$12.0K −$2.89/SF
NOI
$28.1K $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%
$561,380
Cap Rate 7%
$400,986
Cap Rate 9%
$311,878
Alternative Uses
Best Use
Multifamily LT 5
$401.0K
$350.9K – $467.8K
NOI $28,069 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$373.4K
$326.7K – $435.6K
NOI $26,138 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$689.3K
$603.2K – $804.2K
NOI $48,253 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
159
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
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes kitchen appliances, laundry hookups, and separately metered electricity.
Where is this quadplex located?
The property is located at 106 Briscoe Rd Chubbuck, ID.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 1 bathroom; approximately 1,040 sq. ft. per unit; 4,160‑square‑foot building completed in 2022 on a 0.05‑acre parcel; Dishwasher, microwave, refrigerator, and laundry hookups in each unit
