Duplex with Fenced
1305 Canal Idaho Falls, ID 83402
1305 Canal, Idaho Falls, ID, 83402
$329,000
Pending
For Sale
$329,000
Pending
MULTI_FAMILY - Idaho Falls, ID
Property Size2,460 SF
Lot Size0.16 Acres
Days on Market14
Property Features for 1305 Canal
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Basement
- Parking
- 1
- Basement
- Finished
- Appliances
- Separate Water Heaters, Microwave, Refrigerator, Oven, Stove
- Standard status
- Pending
- APN
- RPA2020087006O
- Size
- 2,460 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 6, BLOCK 87, RIVERSIDE
- Tax Annual Amount
- 3283
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard, Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1932
- Number of units
- 2
- Building materials
- Frame, Vinyl Siding
- Roof type
- Metal
Listing Agency
Keller Williams Realty East Idaho
(208) 529-8888
3525 Merlin Drive, Idaho Falls, ID
Listed by
Ali Van Orden · License #SP50327
(208) 529-8888
Added: Jul 7 Updated: Jul 13 at 9:24 pm Checked: Jul 20 at 9:06 pm
MLS# 2186789
Listing URL
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 duplex offers a straightforward two-unit setup designed for comfortable residential living. Each unit includes two bedrooms and one bathroom, along with a functional layout that supports everyday routines. Appliances are included, which can simplify move-in and reduce setup costs for new residents. Outside, the property features a fully fenced yard that adds privacy and security, plus a covered patio that provides an everyday outdoor space.
The home is located near the scenic Green Belt, placing it close to trails, parks, and local amenities. That setting can appeal to renters and owner-occupants who value proximity to outdoor recreation and neighborhood services.
As an investment, this property’s duplex configuration supports flexible occupancy and straightforward management compared with larger multi-family assets. For owner-occupants, the layout can work well for living in one unit while generating income from the other. With included appliances and outdoor space that’s usable year-round, it’s a practical option for tenants seeking a complete, move-in-ready residence.
The home is located near the scenic Green Belt, placing it close to trails, parks, and local amenities. That setting can appeal to renters and owner-occupants who value proximity to outdoor recreation and neighborhood services.
As an investment, this property’s duplex configuration supports flexible occupancy and straightforward management compared with larger multi-family assets. For owner-occupants, the layout can work well for living in one unit while generating income from the other. With included appliances and outdoor space that’s usable year-round, it’s a practical option for tenants seeking a complete, move-in-ready residence.
Key Highlights
- Duplex built in 1932 offering two separate units with 2 bedrooms and 1 bathroom each
- Appliances included: microwave, refrigerator, oven, and stove
- Heating includes baseboard and forced air, with electric and natural gas options
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 | $31.0k | $12.60 |
| − Vacancy | −$1.4k | −$0.57 |
| EGI | $29.6k | $12.03 |
| − OpEx | −$8.9k | −$3.61 |
| NOI | $20.7k | $8.42 |
2,460 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.0K
$259.0K – $345.4K
NOI $20,721 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$267.8K
$234.3K – $312.4K
NOI $18,743 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$543.5K
$475.6K – $634.1K
NOI $38,045 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex near the green belt, with covered patio and fenced yard for tenant comfort and easy owner use.
Where is this duplex located?
The property is located at 1305 Canal Idaho Falls, ID.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Duplex built in 1932 offering two separate units with 2 bedrooms and 1 bathroom each; Appliances included: microwave, refrigerator, oven, and stove; Heating includes baseboard and forced air, with electric and natural gas options
