Fully Rented
410 S Hayes Ave Emmett, ID 83617
410 S Hayes Ave, Emmett, ID, 83617
$569,000
For Sale
$569,000
Four fully occupied units with a new roof and fresh exterior paint, offering turn-key rental income.
Property Size2,356 SF
Price / SF$241.51
Days on Market273
Property Features for 410 S Hayes Ave
General Information
- Standard status
- Active
- Size
- 2,356 SF
- Property subtype
- Income
Building Details
- Year Built
- 1912
Listing agency
TOK Commercial
(208) 960-5696
Listed by
Olivia Taylor
(208) 960-5696
Source
Homesofidaho
Added: Oct 23, 2025 Updated: Jul 21 at 3:46PM Checked: Jul 21 at 3:46PM
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 TOK Commercial
Investment Insights
Based on property information with market context.
This fully rented 4-plex at 410 S Hayes Ave, Emmett, features a new roof and fresh exterior paint. All four units are occupied, supporting an income-producing setup for an owner seeking current occupancy rather than new leasing.
The property’s unit interiors include recent updates in three of the four units, with modern kitchens, new flooring, and fresh interior paint. The remaining unit is served by a long-term tenant in place.
The offering is listed as a for-sale transaction, with seller financing noted and an owner-carry structure requiring $250,000 down, with terms to be discussed.
The property’s unit interiors include recent updates in three of the four units, with modern kitchens, new flooring, and fresh interior paint. The remaining unit is served by a long-term tenant in place.
The offering is listed as a for-sale transaction, with seller financing noted and an owner-carry structure requiring $250,000 down, with terms to be discussed.
Key Highlights
- Fully rented 4‑plex with 4 total units and total of 4 parking spaces (1 covered).
- New roof and fresh exterior paint.
- Three of four units updated with modern kitchens, new flooring, and fresh interior paint.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.2k | $16.20 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $36.2k | $15.35 |
| − OpEx | −$10.9k | −$4.61 |
| NOI | $25.3k | $10.75 |
2,356 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.7K
$316.5K – $422.0K
NOI $25,322 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$331.7K
$290.2K – $387.0K
NOI $23,217 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$596.0K
$521.5K – $695.3K
NOI $41,718 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four fully occupied units with a new roof and fresh exterior paint, offering turn-key rental income.
Where is this quadplex located?
The property is located at 410 S Hayes Ave Emmett, ID.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Fully rented 4‑plex with 4 total units and total of 4 parking spaces (1 covered).; New roof and fresh exterior paint.; Three of four units updated with modern kitchens, new flooring, and fresh interior paint.
