Triplex Income
125 Shoup Ave W Twin Falls, ID 83301
125 Shoup Ave W, Twin Falls, ID, 83301
$500,000
For Sale
$500,000
Triplex with three separate dwellings on one large lot, featuring newer roof and HVAC upgrades.
Property Size2,970 SF
Price / SF$168.35
Days on Market8
Property Features for 125 Shoup Ave W
General Information
- Standard status
- Active
- Size
- 2,970 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1940
Listing Agency
Keller Williams Sun Valley Southern Idaho
Listed by
Aaron Miskin
Source
Clearwaterproperties
Added: Jul 9 Checked: Jul 16 at 5:43 am
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 Keller Williams Sun Valley Southern Idaho
Investment Insights
Based on property information with market context.
This triplex income property includes three separate dwellings on one large lot, with commercial zoning and grandfathered residential use. Recent improvements include a newer roof, a new furnace, new A/C, and full bathroom remodels in the main home, along with a remodel of the middle unit.
Located in central Twin Falls, the property is about four minutes from the College of Southern Idaho.
The layout provides multiple rental streams through the main residence plus two detached homes, while the flexible zoning and generous lot support future improvements.
Located in central Twin Falls, the property is about four minutes from the College of Southern Idaho.
The layout provides multiple rental streams through the main residence plus two detached homes, while the flexible zoning and generous lot support future improvements.
Key Highlights
- Triplex with three separate dwellings on one large lot in central Twin Falls
- 7 bedrooms and 5.00 bathrooms total across the main home and two detached units
- Recent upgrades include newer roof, new furnace, and new A/C
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 | $41.0k | $13.80 |
| − Vacancy | −$1.8k | −$0.62 |
| EGI | $39.1k | $13.18 |
| − OpEx | −$11.7k | −$3.95 |
| NOI | $27.4k | $9.23 |
2,970 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.4K
$342.5K – $456.7K
NOI $27,399 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$352.2K
$308.1K – $410.9K
NOI $24,651 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$681.3K
$596.2K – $794.9K
NOI $47,693 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with three separate dwellings on one large lot, featuring newer roof and HVAC upgrades.
Where is this triplex located?
The property is located at 125 Shoup Ave W Twin Falls, ID.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Triplex with three separate dwellings on one large lot in central Twin Falls; 7 bedrooms and 5.00 bathrooms total across the main home and two detached units; Recent upgrades include newer roof, new furnace, and new A/C
