All-Brick Duplex with Finished
For Sale
$370,000
Pending
414 Bracken St N, Twin Falls, ID 83301
Residential Income, Twin Falls, ID
Property Size1,913 SF
Days on Market64
Property Features for 414 Bracken St N
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3
Parking
2
Subdivision
0 Not Applic.
Lot features
Standard Lot 6000-9999 S F
Elementary school
Perrine
Middle school
Robert Stuart
High school
Canyon Ridge
Elementary school district
Twin Falls School District #411
Middle school district
Twin Falls School District #411
High school district
Twin Falls School District #411
Directions
From Washington street, West on Filer, South on Bracken St N
Standard status
Pending
APN
RPT12410020020
Size
1,913 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Twin Falls Crothers Subd Second Amd Lot 2 Block 2 (8-10-17 Sw)
Tax Annual Amount
1582
Legal Description
Twin Falls Crothers Subd Second Amd Lot 2 Block 2 (8-10-17 Sw)
Amenities
fireplace
sun room
security camera system
detached garage
laundry room
Building Details
Year built
1950
Number of units
2
Listing Agency:
Equity Northwest Real Estate - Southern Idaho
(208) 320-2233
Listed By:
David Walker · License #SP48550
(208) 490-0517
Added: Jun 30
Changed: Aug 26
Last Checked: Sep 1 at 2:06PM
MLS# 98992176
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.
Built in 1950, this 1,913-square-foot all-brick duplex-style property includes four bedrooms and two bathrooms. The main level offers a large kitchen with substantial cabinetry, an open living arrangement, a fireplace, and a sunroom. One bedroom can also serve as an office.
The finished basement operates as a separate living area with its own side entrance, full kitchen, dining space, bedroom, bathroom, laundry room, and living area. A recently replaced air-conditioning system supports year-round comfort. Additional features include a detached garage with alley access and a property-wide security camera system. The property is located on Bracken St N in Twin Falls, Idaho.
The finished basement operates as a separate living area with its own side entrance, full kitchen, dining space, bedroom, bathroom, laundry room, and living area. A recently replaced air-conditioning system supports year-round comfort. Additional features include a detached garage with alley access and a property-wide security camera system. The property is located on Bracken St N in Twin Falls, Idaho.
Key Highlights
- 1,913 SF all‑brick duplex‑style property built in 1950
- Four bedrooms and two bathrooms
- Finished basement with private side entrance and separate kitchen
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
$17,648
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
4.77%
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%
$352,960
$353.0K
Cap Rate 7%
$252,114
$252.1K
Cap Rate 9%
$196,089
$196.1K
Market Conditions
NOI Build-Up for 1,913 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
$26.4K $13.80/SF
− Vacancy
−$1.2K −$0.62/SF
EGI
$25.2K $13.18/SF
− OpEx
−$7.6K −$3.95/SF
NOI
$17.6K $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%
$352,960
Cap Rate 7%
$252,114
Cap Rate 9%
$196,089
Alternative Uses
Best Use
Multifamily LT 5
$252.1K
$220.6K – $294.1K
NOI $17,648 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$226.8K
$198.5K – $264.6K
NOI $15,878 @ 7.0% cap · market cap 4.29%
Theoretical Best
Specialty Retail
$438.8K
$384.0K – $512.0K
NOI $30,719 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
513
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-level configuration includes a private-entry living area with kitchen, bedroom, bathroom, laundry, and dining space.
Where is this duplex located?
The property is located at 414 Bracken St N Twin Falls, ID.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 1,913 SF all‑brick duplex‑style property built in 1950; Four bedrooms and two bathrooms; Finished basement with private side entrance and separate kitchen
