Updated Triplex
For Sale
$339,000
437 W Crowley Street, Idaho Falls, ID 83402
MULTI_FAMILY - Idaho Falls, ID
Property Size1,928 SF
Lot Size0.14 Acres
Price / SF$175.83
Days on Market24
Property Features for 437 W Crowley Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
General Zoning: Tn-Trad Neigh, Specific Zoning: Idaho Falls-Tn-Traditional Nbh
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 4
Basement
Full, Finished, Daylight
Subdivision
Highland Park-Bon
Lot features
Low Traffic, Near Park, Near Schools, Established Lawn, Many Trees, Sprinkler- Manual, Level
Elementary school
Bush 91EL
Middle school
Eagle Rock 91JH
High school
Skyline 91HS
Directions
Lincoln & Holmes. Go west on Lincoln/Anderson. Turn left on Memorial. Left on Bear. Right on Crowley. Property on left.
Standard status
Active
APN
RPA1040051023A
Size
1,928 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 23-24, BLOCK 51, HIGHLAND PARK NW1/4, SEC 18, T 2N, R 38 UNITS 2
Tax Annual Amount
2101
Legal Description
LOTS 23-24, BLOCK 51, HIGHLAND PARK NW1/4, SEC 18, T 2N, R 38 UNITS 2
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Ceiling, Electric (Heating)
Water source
Public
Building Details
Year built
1946
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
Edge Real Estate
(208) 656-9400
Listed By:
Luke Stallings · License #SP32701
(208) 656-9400
Added: Jul 13
Changed: Aug 1
Last Checked: Aug 5 at 1:06PM
MLS# 2187103
Copyright © 2026 Snake River Regional MLS. 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.
Updated tri-plex property featuring three rental units and a practical split between main-level living, basement living, and a detached studio. The main home includes a 2 bed, 1 bath unit on the main level, while the basement unit is also a 2 bed, 1 bath. The third unit is a detached studio.
The property sits on a 0.14-acre lot and includes 1,928 square feet of building area. Construction materials include vinyl siding, and the home was built in 1946. Heating is provided via baseboard, ceiling, and electric systems. Water is supplied by public sources, and sewer service is public sewer.
Tenants are responsible for a utility reimbursement, while the owner pays utilities, and the utility reimbursement is not figured into the stated gross rents.
The property sits on a 0.14-acre lot and includes 1,928 square feet of building area. Construction materials include vinyl siding, and the home was built in 1946. Heating is provided via baseboard, ceiling, and electric systems. Water is supplied by public sources, and sewer service is public sewer.
Tenants are responsible for a utility reimbursement, while the owner pays utilities, and the utility reimbursement is not figured into the stated gross rents.
Key Highlights
- Two 2 bed, 1 bath units plus a detached studio
- 1,928 square feet of building area
- 0.14‑acre lot
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 | $24.3k | $12.60 |
| − Vacancy | −$1.1k | −$0.57 |
| EGI | $23.2k | $12.03 |
| − OpEx | −$7.0k | −$3.61 |
| NOI | $16.2k | $8.42 |
1,928 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$232.0K
$203.0K – $270.7K
NOI $16,240 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$209.9K
$183.6K – $244.8K
NOI $14,690 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$426.0K
$372.7K – $497.0K
NOI $29,818 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Updated tri-plex with two 2 bed, 1 bath units plus a detached studio, on a public utilities-served lot.
Where is this triplex located?
The property is located at 437 W Crowley Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two 2 bed, 1 bath units plus a detached studio; 1,928 square feet of building area; 0.14‑acre lot
