Duplex with Separate
New
For Sale
$449,000
2211 2211-2215 Crest Ave., Twin Falls, ID 83301
Each residence has a private fenced yard, covered patio, and single-car garage.
Property Size2,049 SF
Price / SF$219.13
Days on Market6
Property Features for 2211 2211-2215 Crest Ave.
General Information
Standard status
Active
Size
2,049 SF
Property subtype
Multi-Family
Building Details
Year Built
1971
Listing Agency:
Gem State Realty Inc
Listed By:
Shellien Gilliland · License #SP51133
(208) 308-4585
Source:
Scotreidrealty
Added: Oct 1
Last Checked: Oct 5 at 9:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gem State Realty Inc
Investment Insights
Based on property information with market context.
Built in 1971, this 2,049-square-foot duplex contains 4 bedrooms and 2 bathrooms, along with two single-car garages. Each side has a refrigerator, stove, and laundry hookup. Private fenced back yards and covered patios serve the two residences. The property has a metal roof, vinyl siding, gas heat, and air conditioning; the west side also received updates to its kitchen surfaces, flooring, dishwasher, and sprinklers.
Utility bills are separately metered for each side, including city services. The property is within the Pillar Falls Elementary boundaries.
Utility bills are separately metered for each side, including city services. The property is within the Pillar Falls Elementary boundaries.
Key Highlights
- 2,049‑square‑foot duplex built in 1971
- 4 bedrooms and 2 bathrooms
- Two single‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,903
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,060
$378.1K
Cap Rate 7%
$270,043
$270.0K
Cap Rate 9%
$210,033
$210.0K
Market Conditions
NOI Build-Up for 2,049 SF
Gross rent
$28.3K $13.80/SF
− Vacancy
−$1.3K −$0.62/SF
EGI
$27.0K $13.18/SF
− OpEx
−$8.1K −$3.95/SF
NOI
$18.9K $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%
$378,060
Cap Rate 7%
$270,043
Cap Rate 9%
$210,033
Alternative Uses
Best Use
Multifamily LT 5
$270.0K
$236.3K – $315.1K
NOI $18,903 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$243.0K
$212.6K – $283.5K
NOI $17,007 @ 7.0% cap · market cap 3.79%
Theoretical Best
Specialty Retail
$470.0K
$411.3K – $548.4K
NOI $32,903 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
136
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private fenced yard, covered patio, and single-car garage.
Where is this duplex located?
The property is located at 2211 2211-2215 Crest Ave. Twin Falls, ID.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,049‑square‑foot duplex built in 1971; 4 bedrooms and 2 bathrooms; Two single‑car garages
