Updated Duplex with Fenced
For Sale
$429,900
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$248.78
Days on Market24
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
(208) 672-9000
Listed By:
Viktoria Mcdonald · License #SP41665
Source:
Noplacelikeidaho
Added: Aug 9
Changed: Aug 28
Last Checked: Aug 31 at 6:50PM
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
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,941
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $15,941 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K
NOI $14,343 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$396.4K
$346.9K – $462.5K
NOI $27,749 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Explore this area
Business Placement
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
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 - 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 $429,900.
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
