Duplex with Detached
New
For Sale
$399,900
119 8th Street, Idaho Falls, ID 83402
Residential Income, Idaho Falls, ID
Property Size3,165 SF
Lot Size0.16 Acres
Price / SF$126.35
Days on Market2
Property Features for 119 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
General Zoning: If Residence 2, Specific Zoning: Idaho Falls-R2-Mixed Res
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Basement
Parking
2
Basement
Partial, Finished
Appliances
Dishwasher, Refrigerator, Oven, Stove
Subdivision
Crows Addition-Bon
Lot features
Established Lawn, Sprinkler- Auto
Elementary school
Linden Park 91EL
Middle school
Taylor View 91JH
High school
Idaho Falls 91HS
Directions
From 17th & S Blvd: north on Blvd, right on 9th St, left on Emerson, left on 8th St
Standard status
Active
APN
RPA0540028028B
Size
3,165 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
See private info
Tax Annual Amount
2353
Legal Description
See private info
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
decks
fenced yards
Building Details
Year built
1915
Number of units
2
Building materials
Frame, Brick, Shake Siding, Wood Siding
Listing Agency:
Axis Idaho Realty
(208) 745-9393
Listed By:
Jed Lowder · License #DB29074
(208) 313-6692
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 3:06PM
MLS# 2189660
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 two-unit duplex in Idaho Falls contains 3,165 square feet across two distinct residences. Both include living rooms, dining areas, kitchens with appliances, bedrooms, and bathrooms. One residence has a large dining area, an ensuite primary bedroom, and patio access. The other features a finished basement family room and an adjoining room with a full bath. The property was built in 1915 and occupies 0.16 acres.
Each residence has its own deck and fenced yard, with dedicated stalls in a detached garage. Public water and public sewer serve the property.
Each residence has its own deck and fenced yard, with dedicated stalls in a detached garage. Public water and public sewer serve the property.
Key Highlights
- Duplex with two distinct residences and 3,165 square feet
- 0.16‑acre property in Idaho Falls
- One unit includes a finished basement family room and adjoining room with a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,659
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,180
$533.2K
Cap Rate 7%
$380,843
$380.8K
Cap Rate 9%
$296,211
$296.2K
Market Conditions
NOI Build-Up for 3,165 SF
Gross rent
$39.9K $12.60/SF
− Vacancy
−$1.8K −$0.57/SF
EGI
$38.1K $12.03/SF
− OpEx
−$11.4K −$3.61/SF
NOI
$26.7K $8.42/SF
Area
Bonneville County, ID
Vacancy
4.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,180
Cap Rate 7%
$380,843
Cap Rate 9%
$296,211
Alternative Uses
Best Use
Multifamily LT 5
$380.8K
$333.2K – $444.3K
NOI $26,659 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$344.5K
$301.4K – $401.9K
NOI $24,114 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$699.3K
$611.9K – $815.8K
NOI $48,949 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,597
Businesses Nearby
Explore this area
Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate outdoor spaces and dedicated garage stalls serve both residences.
Where is this duplex located?
The property is located at 119 8th Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex with two distinct residences and 3,165 square feet; 0.16‑acre property in Idaho Falls; One unit includes a finished basement family room and adjoining room with a full bath
