Turnkey Duplex with Two
467 & 471 Borah Ave Twin Falls, ID 83301
467 & 471 Borah Ave, Twin Falls, ID, 83301
$225,000
For Sale
$225,000
Well-maintained duplex with two one-bedroom, one-bath units, plus recently replaced roof and siding.
Property Size800 SF
Price / SF$281.25
Days on Market110
Property Features for 467 & 471 Borah Ave
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1940
Listing agency
Westerra Real Estate Group
(208) 420-4322
Listed by
Ryan Leiser
Source
Clearwaterproperties
Added: Apr 4 Updated: Jul 22 at 3:58AM Checked: Jul 22 at 3:58AM
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 Westerra Real Estate Group
Investment Insights
Based on property information with market context.
This well-maintained duplex is offered as a turnkey income property with two residential units, each featuring a one-bedroom, one-bath layout. The exterior improvements include brand-new siding and a new roof installed within the last year.
The property is located on Borah Ave and is described as being a short walk from a neighborhood park, supporting convenient access for residents.
As configured, the duplex provides two separate rental units under one roof, with recent exterior updates intended to reduce near-term maintenance needs.
The property is located on Borah Ave and is described as being a short walk from a neighborhood park, supporting convenient access for residents.
As configured, the duplex provides two separate rental units under one roof, with recent exterior updates intended to reduce near-term maintenance needs.
Key Highlights
- Duplex built in 1940 featuring two 1‑bedroom, 1‑bath units
- Total of 2 bedrooms and 2 bathrooms across the duplex
- New roof installed within the last year
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 | $11.0k | $13.80 |
| − Vacancy | −$497 | −$0.62 |
| EGI | $10.5k | $13.18 |
| − OpEx | −$3.2k | −$3.95 |
| NOI | $7.4k | $9.23 |
800 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$105.4K
$92.3K – $123.0K
NOI $7,380 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$94.9K
$83.0K – $110.7K
NOI $6,640 @ 7.0% cap · market cap 2.95%
Theoretical Best
Specialty Retail
$183.5K
$160.6K – $214.1K
NOI $12,847 @ 7.0% cap · market cap 5.71%
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 one-bedroom, one-bath units, plus recently replaced roof and siding.
Where is this duplex located?
The property is located at 467 & 471 Borah Ave Twin Falls, ID.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex built in 1940 featuring two 1‑bedroom, 1‑bath units; Total of 2 bedrooms and 2 bathrooms across the duplex; New roof installed within the last year
