Updated
For Sale
$325,000
249 G St, Idaho Falls, ID 83402
Two units offer flexibility for rental use or owner occupancy.
Property Size1,434 SF
Price / SF$226.64
Days on Market9
Property Features for 249 G St
General Information
Standard status
Active
Size
1,434 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,996
Listing Agency:
Silvercreek Realty Group
Listed By:
Pat Clay
(208) 523-6111
Source:
Exprealty
Added: Oct 19
Changed: Oct 26
Last Checked: Oct 26 at 7:57PM
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 Silvercreek Realty Group
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Investment Insights
Based on property information with market context.
This 1,434-square-foot duplex includes two units and has received updates to its appliances, flooring, and paint. The units can be rented separately or together, providing options for how the property is occupied. A designated spot for a tree house is also part of the property.
A city park borders the site. The property is in Idaho Falls, a few blocks from the Greenbelt, the Farmer’s Market, and downtown shopping.
A city park borders the site. The property is in Idaho Falls, a few blocks from the Greenbelt, the Farmer’s Market, and downtown shopping.
Key Highlights
- Two units in a 1,434‑square‑foot duplex
- Recent appliance, flooring, and paint updates
- City park borders the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,079
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,580
$241.6K
Cap Rate 7%
$172,557
$172.6K
Cap Rate 9%
$134,211
$134.2K
Market Conditions
NOI Build-Up for 1,434 SF
Gross rent
$18.1K $12.60/SF
− Vacancy
−$813 −$0.57/SF
EGI
$17.3K $12.03/SF
− OpEx
−$5.2K −$3.61/SF
NOI
$12.1K $8.42/SF
Area
Bonneville County, ID
Vacancy
4.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,580
Cap Rate 7%
$172,557
Cap Rate 9%
$134,211
Alternative Uses
Best Use
Multifamily LT 5
$172.6K
$151.0K – $201.3K
NOI $12,079 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$156.1K
$136.6K – $182.1K
NOI $10,926 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$316.8K
$277.2K – $369.6K
NOI $22,178 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,625
Businesses Nearby
Explore this area
Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two units offer flexibility for rental use or owner occupancy.
Where is this duplex located?
The property is located at 249 G St Idaho 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 units in a 1,434‑square‑foot duplex; Recent appliance, flooring, and paint updates; City park borders the property
