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Two-Unit Duplex Property
For Sale
$269,000

308 2nd Ave E, Jerome, ID 83338

Two separate residential units provide one- and two-bedroom layouts in an in-town setting.

Property Size1,446 SF
Price / SF$186.03
Days on Market8

Property Features for 308 2nd Ave E

General Information

Standard status Active
Size 1,446 SF
Property subtype Duplex

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

Lot Features: Standard Lot 6000-9999 SF, Sidewalks, Lot Size Acres: 0.14, Lot Size Area: 0.14, Lot Size Square Feet: 6098.4, Lot Size Units: Acres
Fencing: Partial, Wood
Tax Annual Amount: 3068.8, Tax Legal Description: Lot 11 Blk 59 Jerome Townsite (SW 18-8-17), Tax Year: 2025
Flooring: Vinyl
Gross Scheduled Income: 1750
Cooling: Wall/Window Unit(s), Cooling YN: t
Heating: Forced Air, Natural Gas, Heating YN: t
Laundry Features: Washer/Dryer Hookups (All Units)
Listing Id: 99000800, Listing Service: Full Service, Listing Terms: Cash, Conventional, FHA, Private Financing Available, List Price: 269000, Mls Status: Active, Number Of Units Total: 2, Standard Status: Active, Total Actual Rent: 1500
Parking Total: 3
Elementary School: Horizon Jerome, Elementary School District: Jerome School District #261, High School: Jerome, High School District: Jerome School District #261, Middle Or Junior School: Jerome, Middle Or Junior School District: Jerome School District #261
Bedrooms Total: 3
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 1446, Building Area Units: Square Feet, Construction Materials: Brick, Wood Siding, Living Area: 1446, Living Area Units: Square Feet, Year Built: 1920
City: Jerome, Coordinates: -114.514368, 42.726332, Country: US, County Or Parish: Jerome, Directions: North on North Lincoln, east on 2nd Ave E to 308, Latitude: 42.726332, Longitude: -114.514368, Postal Code: 83338, State Or Province: ID, Street Name: 2nd Ave E, Street Number: 308, Street Number Numeric: 308, Subdivision Name: Jerome Townsite, Unparsed Address: 308 2nd Ave E, Jerome ID 83338
Current Use: 2-4 Units, Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: RPJ13700590110, Property Sub Type: Duplex, Property Type: Residential Income
Bathrooms Total Integer: 2
Utilities: Sewer Connected
Irrigation Source: Irrigation District: No, Water Source: City Service
Appliances: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)

Building Details

Year Built 1920
Listing Agency: Canyon Trail Realty, LLC
Listed By: Bryce Bingham · License #SP35386
Source: Thgboise
Added: Sep 14 Changed: Sep 20 Last Checked: Sep 20 at 9:51AM

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 Canyon Trail Realty, LLC

Investment Insights

Based on property information with market context.

Located at 308 2nd Ave E in Jerome, Idaho, this duplex contains two separate residential units within a 1,446-square-foot property built in 1920. The configuration includes a larger two-bedroom, one-bath unit with approximately 795 square feet and a one-bedroom, one-bath unit with approximately 651 square feet.

The property offers a straightforward two-unit layout in an in-town location, with distinct living spaces for each residence. Its established construction and varied unit sizes provide a clear residential income property configuration.

Key Highlights

  • Two separate residential units
  • 1,446 square feet total
  • Larger unit: 2 bedrooms, 1 bath, approximately 795 square feet

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Skin Care Clinic Law Firm (Bike/Boat/Book/etc) Store Locksmith Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 83338, ID

21,486
Population
7,606
Households
2.8
Avg Household Size
33
Median Age
13%
College-Educated
74%
High-School Grad
276.4 sq mi
ZIP Area
78
Density / Sq Mi
$70,489
Median Household Income
$35,037
Median Earnings
$883
Median Rent
$253,300
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residential units provide one- and two-bedroom layouts in an in-town setting.
Where is this duplex located?
The property is located at 308 2nd Ave E Jerome, ID.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two separate residential units; 1,446 square feet total; Larger unit: 2 bedrooms, 1 bath, approximately 795 square feet
More about this property
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