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Fourplex Townhouse-Style Investment

166 Crestview Drive Twin Falls, ID 83301

166 Crestview Drive, Twin Falls, ID, 83301
$645,000
For Sale
$645,000

MULTI_FAMILY - Twin Falls, ID

Property Size3,624 SF
Price / SF$177.98
Days on Market51

Property Features for 166 Crestview Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 7, Bathroom 1, Bathroom 4
Parking
10
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
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

Utilities

Heating system
Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s)

Building Details

Year built
1978
Number of units
4
Flooring type
Laminate, Vinyl
Building materials
Frame, Wood Siding
Roof type
Composition
Listing Agency Berkshire Hathaway HomeServices Idaho Homes & Properties
1411 Falls Ave E Suite No. 215, Twin Falls, ID
Listed by Nelson Guymon · License #SP00026277
Added: Jun 1 Updated: Jul 7 at 10:34 am Checked: Jul 21 at 3:06 am
MLS# 98988575 Listing URL

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 fourplex investment property offers four spacious, townhouse-style units designed for long-term tenant appeal. The units feature functional layouts, creating practical living spaces with an open feel. Two of the lower units include daylight basements, which add additional living area and extra natural light.

The property is located in Twin Falls, Idaho, and is positioned just minutes from the College of Southern Idaho campus. It also benefits from proximity to shopping, placing everyday conveniences within easy reach for tenants.

For investors or owner-operators seeking a solid income-producing residential asset, this property provides a four-unit structure with family-friendly townhouse layouts and a feature set that can support durable tenant appeal. It may be a strong fit for buyers looking to add a well-located multifamily property to an existing portfolio or to acquire a manageable, income-focused fourplex in a growing market.

Key Highlights

  • Four‑plex with four townhouse‑style units
  • Year built: 1978
  • Two lower units feature daylight basements

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 $50.0k $13.80
− Vacancy −$2.3k −$0.62
EGI $47.8k $13.18
− OpEx −$14.3k −$3.95
NOI $33.4k $9.23
3,624 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$477.6K
$417.9K – $557.2K (±1% cap)
NOI $33,432 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$429.7K
$376.0K – $501.3K (±1% cap)
NOI $30,080 @ 7.0% cap · market cap 4.66%
Theoretical Best
Specialty Retail
$831.4K
$727.4K – $969.9K (±1% cap)
NOI $58,195 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Building Supply Kitchen & Bath Showroom Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Grocery & Convenience Store Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Townhouse-style fourplex with four spacious units, including daylight basements in two lower homes for added natural light and comfort.
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 $645,000.
What are key features of this property?
This property features: Four‑plex with four townhouse‑style units; Year built: 1978; Two lower units feature daylight basements
Contact an agent
More about this property
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