Four-Unit Townhouse
For Sale
$629,900
166 Crestview Drive, Twin Falls, ID 83301
Residential Income, Twin Falls, ID
Property Size3,624 SF
Price / SF$173.81
Days on Market96
Property Features for 166 Crestview Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 8
Parking
10
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Subdivision
Brentwood
Lot features
Standard Lot 6000-9999 S F
Elementary school
Perrine
Middle school
Robert Stuart
High school
Canyon Ridge
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
South on Washington to Crestview, then right to 166.
Standard status
Active
APN
RPT04010010010, 20, 30 & 40
Size
3,624 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Brentwood Condo Subd Unit 1-1, Unit 1-2, Unit 1-3, Unit 1-4 Bldg 1 (5-10-17 SE)
Tax Annual Amount
5059
HOA Fee
$600 Monthly
Legal Description
Brentwood Condo Subd Unit 1-1, Unit 1-2, Unit 1-3, Unit 1-4 Bldg 1 (5-10-17 SE)
Utilities
Heating system
Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1978
Number of units
4
Flooring type
Vinyl, Laminate
Building materials
Frame, Wood Siding
Roof type
Composition
Listing Agency:
Berkshire Hathaway HomeServices Idaho Homes & Properties · Prudential Real Estate
(208) 733-5336
Listed By:
Nelson Guymon · License #SP00026277
(208) 280-0648
Added: Jun 1
Changed: Sep 2
Last Checked: Sep 4 at 5:06PM
MLS# 98988575
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.
Built in 1978, this 3,624-square-foot quadplex contains four townhouse-style units. The two lower residences have daylight basements that add natural light and additional living area. Interior finishes include vinyl and laminate flooring, while baseboard heating and wall or window cooling units serve the property.
Each unit includes a disposal, stove/range, and refrigerator. The property has frame construction with wood siding and a composition roof. Washer and dryer appliances are not included in the units. Located in Twin Falls, Idaho, the property is near the College of Southern Idaho campus and shopping, with the address at 166 Crestview Drive.
Each unit includes a disposal, stove/range, and refrigerator. The property has frame construction with wood siding and a composition roof. Washer and dryer appliances are not included in the units. Located in Twin Falls, Idaho, the property is near the College of Southern Idaho campus and shopping, with the address at 166 Crestview Drive.
Key Highlights
- Four townhouse‑style units in a 3,624‑square‑foot quadplex
- Two lower units include daylight basements
- Built in 1978 with frame construction and wood siding
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,432
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$668,640
$668.6K
Cap Rate 7%
$477,600
$477.6K
Cap Rate 9%
$371,467
$371.5K
Market Conditions
NOI Build-Up for 3,624 SF
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.
Gross rent
$50.0K $13.80/SF
− Vacancy
−$2.3K −$0.62/SF
EGI
$47.8K $13.18/SF
− OpEx
−$14.3K −$3.95/SF
NOI
$33.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$668,640
Cap Rate 7%
$477,600
Cap Rate 9%
$371,467
Alternative Uses
Best Use
Multifamily LT 5
$477.6K
$417.9K – $557.2K
NOI $33,432 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$429.7K
$376.0K – $501.3K
NOI $30,080 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$831.4K
$727.4K – $969.9K
NOI $58,195 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
331
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Townhouse-style multifamily property with daylight basements in two lower units.
Where is this quadplex located?
The property is located at 166 Crestview Drive Twin Falls, ID.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Four townhouse‑style units in a 3,624‑square‑foot quadplex; Two lower units include daylight basements; Built in 1978 with frame construction and wood siding
