Single-Level
For Sale
$769,500
1334 Elmwood Circle, Twin Falls, ID 83301
Residential Income, Twin Falls, ID
Property Size3,960 SF
Price / SF$194.32
Days on Market54
Property Features for 1334 Elmwood Circle
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking
1
Appliances
Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
Subdivision
0 Not Applic.
Lot features
10000 S F - .49
Elementary school
Sawtooth
Middle school
OLeary
High school
Twin Falls
Elementary school district
Twin Falls School District #411
Middle school district
Twin Falls School District #411
High school district
Twin Falls School District #411
Directions
Filer Ave East then S on Elm St. then East on Elmwood Circle. Located on a quiet dead end cul-de-sac.
Standard status
Active
APN
RPT168100011AA
Size
3,960 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
TWIN FALLS ELMWOOD SUBD LOT 11; W 50' LOT 12 (10-10-17 SW)
Tax Annual Amount
4176
Legal Description
TWIN FALLS ELMWOOD SUBD LOT 11; W 50' LOT 12 (10-10-17 SW)
Utilities
Heating system
Forced Air, Natural Gas
Amenities
covered front patio
private back patio
yard area
mature landscaping
Building Details
Year built
1963
Number of units
4
Flooring type
Laminate
Building materials
Brick, Frame, Vinyl Siding
Roof type
Composition
Listing Agency:
Berkshire Hathaway HomeServices Idaho Homes & Properties · Prudential Real Estate
(208) 733-5336
Listed By:
Mandi Riddle · License #DB32412
(208) 539-1230
Added: Aug 14
Changed: Sep 12
Last Checked: Oct 6 at 2:06AM
MLS# 98997509
Copyright © 2026 Intermountain Multiple Listing Service. 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 3,960-square-foot quadplex contains four single-level apartments, each with 2 bedrooms, 1 bathroom, approximately 740 sq. ft., a covered front patio, and a private rear patio and yard area. The property is fully occupied and has a reported rental history. A full basement provides access to each unit’s individual furnace and water heater. Construction includes brick, frame, and vinyl siding, with laminate flooring, composition roofing, natural gas forced-air heat, and select appliances across the units. The building was completed in 1963.
The owner currently covers city water, sewer, trash, and yard maintenance. Mature landscaping contributes to the site’s established residential setting. Current rents reflect an approximate 6.7% cap rate, while projected market rents indicate a cap rate over 7.2%.
The owner currently covers city water, sewer, trash, and yard maintenance. Mature landscaping contributes to the site’s established residential setting. Current rents reflect an approximate 6.7% cap rate, while projected market rents indicate a cap rate over 7.2%.
Key Highlights
- Four‑unit property with all apartments currently occupied
- Each unit offers 2 bedrooms, 1 bathroom, and approximately 740 sq. ft.
- Covered front patios plus private back patios and yard areas for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,532
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,640
$730.6K
Cap Rate 7%
$521,886
$521.9K
Cap Rate 9%
$405,911
$405.9K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$54.6K $13.80/SF
− Vacancy
−$2.5K −$0.62/SF
EGI
$52.2K $13.18/SF
− OpEx
−$15.7K −$3.95/SF
NOI
$36.5K $9.23/SF
Area
Twin Falls County, ID
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,640
Cap Rate 7%
$521,886
Cap Rate 9%
$405,911
Alternative Uses
Best Use
Multifamily LT 5
$521.9K
$456.7K – $608.9K
NOI $36,532 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$469.6K
$410.9K – $547.8K
NOI $32,869 @ 7.0% cap · market cap 4.27%
Theoretical Best
Specialty Retail
$908.4K
$794.9K – $1.06M
NOI $63,591 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,224
Businesses Nearby
Explore this area
Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
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?
Quadplex - Four two-bedroom units include private outdoor areas, covered front patios, and access to a full basement.
Where is this quadplex located?
The property is located at 1334 Elmwood Circle Twin Falls, ID.
What is the asking price?
The asking price for this property is $769,500.
What are key features of this property?
This property features: Four‑unit property with all apartments currently occupied; Each unit offers 2 bedrooms, 1 bathroom, and approximately 740 sq. ft.; Covered front patios plus private back patios and yard areas for every unit
