Two-Unit Duplex with Separate
376 Quincy Street, Twin Falls, ID 83301
For Sale
$320,000
Two living levels offer separate electrical meters and washer/dryer hookups on each floor.
Property Size1,664 SF
Price / SF$192.31
Days on Market26
Property Features for 376 Quincy Street
General Information
Standard status
Size
Property subtype
Additional Details
Individually Metered Utilities
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Laminate
true
2
4
Washer/Dryer Hookups (All Units)
Square Feet
Wire
Standard Lot 6000-9999 SF
City Service
0.14
0x0
1664
Building Details
Building Size
Year Built
Listing Agency:
Re/Max Legacy
(208) 510-0551
Listed By:
Lilo Leon
Source:
Evolvbrokerage
Added: Oct 19
Changed: Nov 9
Last Checked: Nov 7 at 12:41PM
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 Re/Max Legacy
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Investment Insights
Based on property information with market context.
This 1,664-square-foot duplex has two living levels and a four-bedroom, two-bathroom layout. Both levels have washer and dryer hookups, and each is served by a separate electrical meter. The lower level includes egress windows, an updated kitchen, and a recently installed sump pump. Improvements also include a newer HVAC system, an Energy Star-rated water heater, and updated plumbing supply lines throughout most of the home.
Built in 1920, the property occupies a 0.14-acre lot. Both units are tenant-occupied under month-to-month leases.
Built in 1920, the property occupies a 0.14-acre lot. Both units are tenant-occupied under month-to-month leases.
Key Highlights
- Two living levels; 4 bedrooms and 2 bathrooms total
- 1,664 square feet on a 0.14‑acre lot
- Separate electrical meters for each level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,351
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,020
$307.0K
Cap Rate 7%
$219,300
$219.3K
Cap Rate 9%
$170,567
$170.6K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$23.0K $13.80/SF
− Vacancy
−$1.0K −$0.62/SF
EGI
$21.9K $13.18/SF
− OpEx
−$6.6K −$3.95/SF
NOI
$15.4K $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%
$307,020
Cap Rate 7%
$219,300
Cap Rate 9%
$170,567
Alternative Uses
Best Use
Multifamily LT 5
$219.3K
$191.9K – $255.9K
NOI $15,351 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$197.3K
$172.6K – $230.2K
NOI $13,811 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$381.7K
$334.0K – $445.4K
NOI $26,721 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two living levels offer separate electrical meters and washer/dryer hookups on each floor.
Where is this duplex located?
The property is located at 376 Quincy Street Twin Falls, ID.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two living levels; 4 bedrooms and 2 bathrooms total; 1,664 square feet on a 0.14‑acre lot; Separate electrical meters for each level
