Duplex with Garage
New
For Sale
$339,000
309-311 N Commercial Ave, Emmett, ID 83617
Residential Income, Emmett, ID
Property Size1,200 SF
Price / SF$282.50
Days on Market2
Property Features for 309-311 N Commercial Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking
4
Parking features
Garage
Appliances
Refrigerator (All Units)
Subdivision
Riverside Addit
Lot features
10000 S F - .49
Elementary school
Shadow Butte
Middle school
Emmett
High school
Emmett
Elementary school district
Emmett Independent District #221
Middle school district
Emmett Independent District #221
High school district
Emmett Independent District #221
Directions
06N 01W Sec 07 Riverside Addition Sub Lot 11,12 Blk 08
Standard status
Active
APN
RPE3360008011AA
Size
1,200 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
06N 01W Sec 07 Riverside Addition Sub Lot 11,12 Blk 08
Tax Annual Amount
1557
Legal Description
06N 01W Sec 07 Riverside Addition Sub Lot 11,12 Blk 08
Utilities
Heating system
Wall Furnace, Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Amenities
garage
hardscape landscaping
Building Details
Year built
1909
Number of units
2
Flooring type
Concrete
Building materials
Brick, Masonry
Listing Agency:
Keller Williams Realty Boise
(208) 672-9000
Listed By:
Christopher Wolford · License #SP48579
(208) 316-3534
Added: Oct 5
Last Checked: Oct 6 at 8:06AM
MLS# 99002847
Copyright © 2026 Intermountain Multiple Listing Service. 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 1,200-square-foot duplex was built in 1909 and has brick and masonry construction. Both residences have received updates to flooring, wall texture, paint, electrical, and plumbing. Refrigerators are included in both units, and each has garage space that can serve for parking or storage. Heating is by electric wall furnace, with window-unit cooling.
Hardscape landscaping reduces the amount of exterior upkeep required. Alley access serves the garage spaces, which may also be rented separately.
Hardscape landscaping reduces the amount of exterior upkeep required. Alley access serves the garage spaces, which may also be rented separately.
Key Highlights
- 1,200‑square‑foot duplex with two updated residences
- Both units have updated flooring, wall texture, paint, electrical, and plumbing
- Garage spaces serve both units and may be used for parking or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,898
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,960
$258.0K
Cap Rate 7%
$184,257
$184.3K
Cap Rate 9%
$143,311
$143.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$19.4K $16.20/SF
− Vacancy
−$1.0K −$0.85/SF
EGI
$18.4K $15.35/SF
− OpEx
−$5.5K −$4.61/SF
NOI
$12.9K $10.75/SF
Area
Gem County, ID
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,960
Cap Rate 7%
$184,257
Cap Rate 9%
$143,311
Alternative Uses
Best Use
Multifamily LT 5
$184.3K
$161.2K – $215.0K
NOI $12,898 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$168.9K
$147.8K – $197.1K
NOI $11,825 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$303.6K
$265.6K – $354.2K
NOI $21,249 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 83617, ID
17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Garage space offers parking or storage for both residences, with alley access.
Where is this duplex located?
The property is located at 309-311 N Commercial Ave Emmett, ID.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,200‑square‑foot duplex with two updated residences; Both units have updated flooring, wall texture, paint, electrical, and plumbing; Garage spaces serve both units and may be used for parking or storage
