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    Remodeled Duplex with Income Potential Title is generated by Realmo AI

    217 & 219 Oregon St, Gooding, ID 83330

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    For Sale
    $299,999

    MULTI_FAMILY - Gooding, ID

    Property size:
    2,000 SF
    Price / SF:
    $149/SF
    Added:
    Apr 7, 2026
    Days on Market:
    36
    Last Refresh:
    May 12 at 5:06 pm

    Property Features for 217 & 219 Oregon St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3
    Appliances
    Washer/Dryer (All Units)
    Standard status
    Active
    APN
    RPG1000033016AT To Be Divided
    Size
    2,000 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lots 16 To 20 Block 33 Gooding - To Be Divided
    Tax Annual Amount
    1604

    Building Details

    Year built
    1915
    Number of units
    2
    Building materials
    Frame, Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Bridgette Valadao

    Listing agent Bridgette Valadao License #SP46667

    Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID

    Listing date Apr 7, 2026

    MLS# 98981038 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.

    HighLights

    • New Roof with Warranty
    • Fully Remodeled Duplex with updated tile, LVP flooring, carpet, countertops, dishwasher, and fresh paint.
    • Income‑Producing Property (Units Rent for $1,050 and $1,000 per month)
    • Versatile: Ideal for owner‑occupants, investors, or multi‑generational families
    • Convenient Location: Minutes from North Canyon Medical Center, Schools, and Stores

    Overview

    This striking blue duplex presents a rare opportunity to own a fully remodeled, income-producing property. Each unit features one spacious upstairs bedroom, a kitchen, a living room, and an additional lower-level room (non-egress). A shared laundry area and both front and back entrances provide flexible access. The home has been thoughtfully updated with new tile, stylish LVP flooring, new carpet, updated countertops, and a dishwasher. Fresh interior and exterior paint create a clean and inviting space. A brand new roof with warranty has been installed. The property includes a lush green lawn. Located minutes from North Canyon Medical Center, schools, and stores, this property is ideal for those looking to live in one unit and rent the other, investors seeking steady cash flow, or families wanting to live next to each other. Unit 1 rents for $1,050 per month and Unit 2 rents for $1,000 per month, offering strong income potential. The property size is 2000 square feet and is located in Gooding, ID.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gooding
    County
    Gooding
    State
    Idaho
    Longitude
    -114.7082233
    Latitude
    42.9433696

    Nearby Similar for Sale

    • $899,900
      9,448 SF

      Seven-Unit Multifamily Investment Opportunity

      Seven-unit building with commercial suite and six residential units.
      442/446 Main Street, Gooding, ID 83330
      View Details
    • $419,000

      Office Space For Sale

      Office property available for purchase on Main Street.
      445 Main Street, Gooding, ID
      View Details

    FAQs

    What type of property is this?
    Duplex - Fully remodeled duplex with strong income potential in Gooding, ID.
    Where is this duplex located?
    The property is located at 217 & 219 Oregon St Gooding, ID.
    What is the asking price?
    The asking price for this property is $299,999.
    What are key features of this property?
    This property features: New Roof with Warranty; Fully Remodeled Duplex with updated tile, LVP flooring, carpet, countertops, dishwasher, and fresh paint.; Income‑Producing Property (Units Rent for $1,050 and $1,000 per month)
    (208) 995-1243
    We can help!
    Listing Contact
    Bridgette Valadao
    Real Estate License ID: SP46667
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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