1305 Canal, Idaho Falls, ID 83402
MULTI_FAMILY - Idaho Falls, ID
- Added:
- Jun 3, 2026
- Days on Market:
- 35
- Last Refresh:
- Jul 7 at 5:06 am
Property Features for 1305 Canal
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
- Parking
- 1
- Basement
- Finished
- Appliances
- Separate Water Heaters, Microwave, Refrigerator, Oven, Stove
- Standard status
- Active
- 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
- Baseboard, Electric (Heating), 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 agent Ali Van Orden License #SP50327 (208) 529-8888
Listing office Keller Williams Realty East Idaho 3525 Merlin Drive, Idaho Falls, ID (208) 529-8888
Listing date Jun 3, 2026
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.
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
- Metal roof with frame construction and vinyl siding
- Public utilities: public water and public sewer
- Fully fenced yard with a covered patio
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Idaho Falls
- County
- Bonneville
- State
- Idaho
- Longitude
- -112.0370756
- Latitude
- 43.500926
