Turnkey Duplex with Two
For Sale
$225,000
467 & 471 Borah Ave, Twin Falls, ID 83301
Well-maintained duplex with two one-bedroom, one-bath units, plus recently replaced roof and siding.
Property Size800 SF
Price / SF$281.25
Days on Market118
Property Features for 467 & 471 Borah Ave
General Information
Standard status
Active
Size
800 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1940
Listing Agency:
Westerra Real Estate Group
(208) 420-4322
Listed By:
Ryan Leiser
Source:
Clearwaterproperties
Added: Apr 4
Changed: Jul 22
Last Checked: Jul 23 at 6:33AM
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 Westerra Real Estate Group
Investment Insights
Based on property information with market context.
This well-maintained duplex is offered as a turnkey income property with two residential units, each featuring a one-bedroom, one-bath layout. The exterior improvements include brand-new siding and a new roof installed within the last year.
The property is located on Borah Ave and is described as being a short walk from a neighborhood park, supporting convenient access for residents.
As configured, the duplex provides two separate rental units under one roof, with recent exterior updates intended to reduce near-term maintenance needs.
The property is located on Borah Ave and is described as being a short walk from a neighborhood park, supporting convenient access for residents.
As configured, the duplex provides two separate rental units under one roof, with recent exterior updates intended to reduce near-term maintenance needs.
Key Highlights
- Duplex built in 1940 featuring two 1‑bedroom, 1‑bath units
- Total of 2 bedrooms and 2 bathrooms across the duplex
- New roof installed within the last year
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 | $11.0k | $13.80 |
| − Vacancy | −$497 | −$0.62 |
| EGI | $10.5k | $13.18 |
| − OpEx | −$3.2k | −$3.95 |
| NOI | $7.4k | $9.23 |
800 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$105.4K
$92.3K – $123.0K
NOI $7,380 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$94.9K
$83.0K – $110.7K
NOI $6,640 @ 7.0% cap · market cap 2.95%
Theoretical Best
Specialty Retail
$183.5K
$160.6K – $214.1K
NOI $12,847 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
514
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 - Well-maintained duplex with two one-bedroom, one-bath units, plus recently replaced roof and siding.
Where is this duplex located?
The property is located at 467 & 471 Borah Ave Twin Falls, ID.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex built in 1940 featuring two 1‑bedroom, 1‑bath units; Total of 2 bedrooms and 2 bathrooms across the duplex; New roof installed within the last year
