Updated Triplex with Detached
For Sale
$329,000
437 W Crowley St, Idaho Falls, ID 83402
Three residential units include two two-bedroom apartments and a separate studio.
Property Size1,928 SF
Price / SF$170.64
Days on Market77
Property Features for 437 W Crowley St
General Information
Standard status
Active
Size
1,928 SF
Property subtype
Multi-Family
Building Details
Year Built
1946
Listing Agency:
Edge Real Estate
Listed By:
Luke Stallings · License #SP32701
(208) 681-3009
Source:
Noplacelikeidaho
Added: Aug 5
Changed: Oct 7
Last Checked: Oct 7 at 3:50PM
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 Edge Real Estate
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Investment Insights
Based on property information with market context.
This 1,928-square-foot triplex, built in 1946, includes two apartment units within the main residence and a detached studio. The main-level apartment offers two bedrooms and one bathroom, while the basement apartment provides the same bedroom and bathroom configuration. The detached unit is arranged as a studio.
The owner currently pays utilities, with tenants charged a separate utility reimbursement. The property is located at 437 W Crowley St in Idaho Falls, Idaho, and its three-unit configuration provides distinct residential spaces within one income-producing property.
The owner currently pays utilities, with tenants charged a separate utility reimbursement. The property is located at 437 W Crowley St in Idaho Falls, Idaho, and its three-unit configuration provides distinct residential spaces within one income-producing property.
Key Highlights
- Three‑unit residential property with two apartments and a detached studio
- Main‑level unit includes 2 bedrooms and 1 bathroom
- Basement unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,240
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,800
$324.8K
Cap Rate 7%
$232,000
$232.0K
Cap Rate 9%
$180,444
$180.4K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$24.3K $12.60/SF
− Vacancy
−$1.1K −$0.57/SF
EGI
$23.2K $12.03/SF
− OpEx
−$7.0K −$3.61/SF
NOI
$16.2K $8.42/SF
Area
Bonneville County, ID
Vacancy
4.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,800
Cap Rate 7%
$232,000
Cap Rate 9%
$180,444
Alternative Uses
Best Use
Multifamily LT 5
$232.0K
$203.0K – $270.7K
NOI $16,240 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$209.9K
$183.6K – $244.8K
NOI $14,690 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$426.0K
$372.7K – $497.0K
NOI $29,818 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
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Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
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?
Triplex - Three residential units include two two-bedroom apartments and a separate studio.
Where is this triplex located?
The property is located at 437 W Crowley St Idaho Falls, ID.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Three‑unit residential property with two apartments and a detached studio; Main‑level unit includes 2 bedrooms and 1 bathroom; Basement unit includes 2 bedrooms and 1 bathroom
