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Updated Duplex with Fenced Units
For Sale
$419,900

340 Taylor St., Twin Falls, ID 83301

Two refreshed residences offer separate outdoor areas, dedicated parking, and storage improvements for a low-maintenance rental property.

Property Size1,728 SF
Price / SF$242
Days on Market69

Property Features for 340 Taylor St.

General Information

Standard status Active
Size 1,728 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Average Monthly Rent $1,500
Road Access Yes
Multifamily Units 2

Amenities

carport
storage sheds
fenced yards

Building Details

Year Built 1968
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty Boise
Listed By: Viktoria Mcdonald · License #SP41665
Source: Scotreidrealty
Added: Aug 9 Changed: Oct 9 Last Checked: Oct 7 at 3:26PM

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 Keller Williams Realty Boise

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Investment Insights

Based on property information with market context.

This 1968 duplex contains 1,728 square feet across two individually fenced units. Both residences have been refreshed with newer paint, flooring, soft white shaker cabinetry, stainless appliances, updated lighting, and renovated bathrooms. Additional improvements include a newer roof, mini-split system, and water heater. Each side offers separate outdoor space, while the property also includes carport parking and storage sheds.

Located at 340 Taylor St. in Twin Falls, the property sits on a street that ends in a cul-de-sac. Both units are currently rented, providing an existing residential income profile for an owner seeking a duplex with recent updates and practical site amenities.

Key Highlights

  • Two‑unit property with 1,728 SF of total building area
  • Both units individually fenced with separate outdoor areas
  • Updated interiors include flooring, shaker cabinets, stainless appliances, lighting, and bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,941
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,820 $318.8K
Cap Rate 7%
$227,729 $227.7K
Cap Rate 9%
$177,122 $177.1K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$23.8K $13.80/SF
− Vacancy
−$1.1K −$0.62/SF
EGI
$22.8K $13.18/SF
− OpEx
−$6.8K −$3.95/SF
NOI
$15.9K $9.23/SF
Area
Twin Falls County, ID
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,820
Cap Rate 7%
$227,729
Cap Rate 9%
$177,122

Alternative Uses

Best Use
Multifamily LT 5
$227.7K
$199.3K – $265.7K (±1% cap)
NOI $15,941 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K (±1% cap)
NOI $14,343 @ 7.0% cap · market cap 3.42%
Theoretical Best
Specialty Retail
$396.4K
$346.9K – $462.5K (±1% cap)
NOI $27,749 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Storage Facility Wine and Liquor Store

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby

Demographics for 83301, ID

60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
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 - Two refreshed residences offer separate outdoor areas, dedicated parking, and storage improvements for a low-maintenance rental property.
Where is this duplex located?
The property is located at 340 Taylor St. Twin Falls, ID.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Two‑unit property with 1,728 SF of total building area; Both units individually fenced with separate outdoor areas; Updated interiors include flooring, shaker cabinets, stainless appliances, lighting, and bathrooms
More about this property
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