Duplex with Recent
For Sale
$325,000
Pending
1755 2nd Ave E, Twin Falls, ID 83301
Residential Income, Twin Falls, ID
Property Size2,299 SF
Lot Size0.23 Acres
Days on Market49
Property Features for 1755 2nd Ave E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
TN-2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Parking
6
Parking features
Driveway, RV
Interior features
Walk In Shower
Fireplace
1
Appliances
Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units)
Subdivision
0 Not Applic.
Lot features
Standard Lot 6000-9999 S F, Garden, R. V. Parking
Elementary school
Bickel
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
Use GPS
Standard status
Pending
APN
RPT4801001005A
Size
2,299 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Twin Falls Severson Subd Exc E 16' Lot 5; Lot 6 Block 1 (15-10-17 Sw)
Tax Annual Amount
3034
Legal Description
Twin Falls Severson Subd Exc E 16' Lot 5; Lot 6 Block 1 (15-10-17 Sw)
Utilities
Heating system
Fireplace(s), Natural Gas, Baseboard, Forced Air
Cooling system
Window Unit(s), Central Air, Wall/Window Unit(s)
Amenities
shared laundry room
off-street parking
Building Details
Year built
1950
Number of units
2
Flooring type
Laminate
Building materials
Concrete, Frame, Stone, Wood Siding, HardiPlank Type
Roof type
Composition
Listing Agency:
Keller Williams Sun Valley Southern Idaho · Keller Williams Realty
(208) 734-1991
Listed By:
Aaron Miskin · License #SP49242
(208) 572-8500
Added: Sep 1
Changed: Oct 17
Last Checked: Oct 19 at 8:06PM
MLS# 98999283
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.
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Investment Insights
Based on property information with market context.
This 2,299-square-foot duplex contains two income-producing units on a 0.23-acre lot in Twin Falls. Improvements completed within the last 2 years include flooring in both units, interior and exterior paint, bathroom work with new plumbing in both units, window sealing, replacement windows where needed, and preventative roof repairs. Hardie board siding was added where needed, and the sprinkler system is functional.
A shared laundry room includes a washer and dryer. Both units have a refrigerator and range, and the property offers off-street parking. The reported cap rate is 8.0%.
A shared laundry room includes a washer and dryer. Both units have a refrigerator and range, and the property offers off-street parking. The reported cap rate is 8.0%.
Key Highlights
- Two‑unit duplex with an 8.0% cap rate
- 2,299 square feet on a 0.23‑acre lot
- Updates completed within the last 2 years include flooring, paint, bathroom plumbing, window work, and roof repairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,209
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,180
$424.2K
Cap Rate 7%
$302,986
$303.0K
Cap Rate 9%
$235,656
$235.7K
Market Conditions
NOI Build-Up for 2,299 SF
Gross rent
$31.7K $13.80/SF
− Vacancy
−$1.4K −$0.62/SF
EGI
$30.3K $13.18/SF
− OpEx
−$9.1K −$3.95/SF
NOI
$21.2K $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%
$424,180
Cap Rate 7%
$302,986
Cap Rate 9%
$235,656
Alternative Uses
Best Use
Multifamily LT 5
$303.0K
$265.1K – $353.5K
NOI $21,209 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$272.6K
$238.5K – $318.0K
NOI $19,082 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$527.4K
$461.5K – $615.3K
NOI $36,918 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
508
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two rental units share a laundry room equipped with a washer and dryer.
Where is this duplex located?
The property is located at 1755 2nd Ave E Twin Falls, ID.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with an 8.0% cap rate; 2,299 square feet on a 0.23‑acre lot; Updates completed within the last 2 years include flooring, paint, bathroom plumbing, window work, and roof repairs
