Two-Unit Residential
For Sale
$315,000
295 S Boulevard, Idaho Falls, ID 83401
MULTI-FAMILY, All Units-One Building, Idaho Falls, ID
Property Size2,056 SF
Lot Size0.09 Acres
Price / SF$153.21
Days on Market176
Property Features for 295 S Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Elementary school
Dora Erickson
Middle school
Taylorview
High school
Idaho Falls
Subdivision
Idaho Falls
Standard status
Active
Size
2,056 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
1148
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1915
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Real Broker, LLC
(208) 609-9820
Listed By:
Dan Thomas · License #SP43305
(208) 360-1293
Added: Apr 15
Changed: Oct 6
Last Checked: Oct 7 at 12:06PM
MLS# 583786
Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,056-square-foot duplex occupies a 0.09-acre parcel in Idaho Falls. Built in 1915, the frame structure has five bedrooms and two bathrooms. Heating is provided by a forced-air system, with central air conditioning for cooling.
The property has a metal roof and public water service.
The property has a metal roof and public water service.
Key Highlights
- Duplex with 2,056 square feet of building area
- 0.09‑acre parcel in Idaho Falls
- Five bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,318
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,360
$346.4K
Cap Rate 7%
$247,400
$247.4K
Cap Rate 9%
$192,422
$192.4K
Market Conditions
NOI Build-Up for 2,056 SF
Gross rent
$25.9K $12.60/SF
− Vacancy
−$1.2K −$0.57/SF
EGI
$24.7K $12.03/SF
− OpEx
−$7.4K −$3.61/SF
NOI
$17.3K $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%
$346,360
Cap Rate 7%
$247,400
Cap Rate 9%
$192,422
Alternative Uses
Best Use
Multifamily LT 5
$247.4K
$216.5K – $288.6K
NOI $17,318 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$223.8K
$195.8K – $261.1K
NOI $15,665 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$454.2K
$397.5K – $530.0K
NOI $31,797 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,625
Businesses Nearby
Explore this area
Business Placement
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - A frame-built duplex has central air conditioning and forced-air heat.
Where is this duplex located?
The property is located at 295 S Boulevard Idaho Falls, ID.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Duplex with 2,056 square feet of building area; 0.09‑acre parcel in Idaho Falls; Five bedrooms and two bathrooms
