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Duplex with Private Backyards

2311 S Ohio Ave, Caldwell, ID 83605

For Sale
$410,000
Pending

Both residences offer two bedrooms, one-and-a-half bathrooms, and a garage.

Property Size1,680 SF
Lot Size0.13 Acres
Days on Market19

Property Features for 2311 S Ohio Ave

General Information

Standard status Pending
Size 1,680 SF
Total Parking Spaces 2
Lot size 0.13 Acres
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Tenant in Place Yes

Amenities

private backyard
0.13 acres, Standard Lot 6000-9999 SF, Irrigation, Sidewalks
Composition
Partial
Parcel Number: C69950010020, Annual Amount: $2,800.46, Legal Description: Lot 2 in Block 1 of Peyton's Park Subdivision, according to the official plat thereof, filed in Book 32 of Plats at Page(s) 50, records of Canyon County, Idaho, Year: 2025
Vinyl
1 space
Gross ScheduledIncome: $3,100
Central Air
Forced Air, Natural Gas
Washer/Dryer Hookups (All Units)
Listing ID: 99004444, Standard Status: Pending, MLS Status: Pending, Property Subtype: Duplex, Off market as of 2026-10-24, 2 days on market
1 covered space, 4 total parking spaces, One Car, Attached, Finished Driveway
Elementary School: Lincoln, Elementary School District: Caldwell School District #132, Middle School: Syringa Middle, Middle School District: Caldwell School District #132, High School: Caldwell, High School District: Caldwell School District #132
4 total bedrooms
Built in 2003, Living area: 1680, Living area units: Square Feet, Construction Materials: Frame, Log, Wood Siding, HardiPlank Type
Subdivision: 0 Not Applic., County/Parish: Canyon
Farm Land area units: Square Feet, Leasable area units: Square Feet
4 total bathrooms
Sewer Connected, Water Source: City Service, Unit 1 Separate Meter, Unit 2 Separate Meter
Slab
Property Disclosure
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Association Fee: $0

Building Details

Year Built 2003
Buildings 1
Listing Agency: Chris Budka Real Estate
Listed By: Christopher Budka · License ID DB49577
Source: Thgboise
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 6:04AM

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 Chris Budka Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 1,680-square-foot duplex, built in 2003, contains two residences with matching layouts: each has 2 bedrooms, 1.5 bathrooms, a 1-car garage, and its own backyard. Mature trees are situated on the 0.13-acre parcel. Both units are occupied by long-term tenants.

The property is in Caldwell, minutes from The College of Idaho and Indian Creek Plaza. Restaurants, shops, and everyday amenities are nearby.

Key Highlights

  • Two‑unit duplex with 1,680 square feet of building area
  • Each residence has 2 bedrooms, 1.5 bathrooms, and a 1‑car garage
  • Separate backyards for both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,142
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,840 $482.8K
Cap Rate 7%
$344,886 $344.9K
Cap Rate 9%
$268,244 $268.2K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$45.6K $27.12/SF
− Vacancy
−$1.7K −$0.99/SF
EGI
$43.9K $26.13/SF
− OpEx
−$19.8K −$11.76/SF
NOI
$24.1K $14.37/SF
Area
Canyon County, ID
Vacancy
3.66%
Lease Rate
$27.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,840
Cap Rate 7%
$344,886
Cap Rate 9%
$268,244

Alternative Uses

Best Use
Apartment 5plus
$344.9K
$301.8K – $402.4K (±1% cap)
NOI $24,142 @ 7.0% cap · market cap 5.89%
Second Best
Multifamily LT 5
$144.0K
$126.0K – $168.0K (±1% cap)
NOI $10,079 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$447.5K
$391.5K – $522.1K (±1% cap)
NOI $31,323 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby

Demographics for 83605, ID

38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Canyon County, ID

$197 Jul
$201 Aug
$207 Sep
$201 Oct

Properties on Market for Duplexes in Canyon County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, one-and-a-half bathrooms, and a garage.
Where is this duplex located?
The property is located at 2311 S Ohio Ave Caldwell, ID.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,680 square feet of building area; Each residence has 2 bedrooms, 1.5 bathrooms, and a 1‑car garage; Separate backyards for both residences
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