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Updated Duplex
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For Sale
$325,000

249 G-Street, Idaho Falls, ID 83402

Residential Income, Idaho Falls, ID

Property Size1,434 SF
Lot Size0.11 Acres
Price / SF$226.64
Days on Market1

Property Features for 249 G-Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description General Zoning: Not Verified, Specific Zoning: Not Verified
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking 4
Patio and Porch features Deck
Interior features Ceiling Fan(s), Newly Renovated
Exterior features Balcony
Basement Crawl Space
Appliances Separate Water Heaters, Dishwasher, Dryer, Refrigerator, Oven, Washer, Stove
Subdivision Railroad Addition-Bon
Lot features Low Traffic, Near Green Belt, Near Mall/ Shop, Near Park, Near Public Transit, Near Stream/ River, Established Lawn, Many Trees, Garden, Cul-De-Sac, Secluded, Sloped, Wooded
Elementary school Bush 91EL
Middle school Taylor View 91JH
High school Skyline 91HS
Directions Google directions to 249 G St. Idaho Falls, ID 83402 and enjoy the culdesac parking as well.
Standard status Active
APN RPA19800010030
Size 1,434 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3, BLOCK 1, RAILROAD NW 1/4, SEC 19,T 2N, R 38 UNITS 2
Tax Annual Amount 1997
Legal Description LOT 3, BLOCK 1, RAILROAD NW 1/4, SEC 19,T 2N, R 38 UNITS 2

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas, Baseboard
Water source Public

Building Details

Year built 1920
Number of units 2
Building materials Frame, Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: Silvercreek Realty Group
Listed By: Pat Clay
Added: Oct 19 Last Checked: Oct 19 at 8:06PM
MLS# 2189910

Copyright © 2026 Snake River Regional MLS. 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 1,434-square-foot duplex in Idaho Falls has two units and sits on a 0.11-acre parcel. Recent improvements include appliances, flooring, and paint. The 1920-built property also features a balcony, deck, and separate water heaters. Public water and sewer serve the site.

A city park borders the property. The Greenbelt, farmers market, and downtown shopping are a couple of blocks away. The two-unit layout allows for occupancy of one unit while renting the other, or renting both.

Key Highlights

  • Two‑unit duplex with 1,434 square feet on a 0.11‑acre lot
  • Built in 1920; recent improvements include appliances, flooring, and paint
  • 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 (±1% cap)
NOI $12,079 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$156.1K
$136.6K – $182.1K (±1% cap)
NOI $10,926 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$316.8K
$277.2K – $369.6K (±1% cap)
NOI $22,178 @ 7.0% cap · market cap 6.82%
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

Location Intelligence

Trade Area within ½ mile

1,625
Businesses Nearby

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
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

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

Frequently Asked Questions

What type of property is this?
Duplex - Recent work includes new appliances, flooring, and paint across a two-unit property.
Where is this duplex located?
The property is located at 249 G-Street 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‑unit duplex with 1,434 square feet on a 0.11‑acre lot; Built in 1920; recent improvements include appliances, flooring, and paint; City park borders the property
More about this property
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