Hayden Duplex Investment
For Sale
$499,000
51 & 55 E Ryan Drive, Hayden, ID 83835
Duplex in Hayden with two units and attached garages.
Property Size1,784 SF
Price / SF$279.71
Days on Market153
Property Features for 51 & 55 E Ryan Drive
General Information
Standard status
Active
Size
1,784 SF
Property subtype
MultiFamily
Zoning
Residential
Building Details
Building Size
1,784 SF
Year Built
1993
Units
2
Listing Agency:
Berkshire Hathaway HomeServices Jacklin Real Estate
Listed By:
Svetlana Ducote · License #SP43592
(208) 758-7474
Source:
Purewestrealestate
Added: May 20
Changed: Oct 4
Last Checked: Oct 16 at 5:51AM
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 Berkshire Hathaway HomeServices Jacklin Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex, located in Hayden on a corner lot along a quiet street, presents an investment opportunity. The property features two units, each with 2 bedrooms, 1 bathroom, and an attached 1-car garage. Each unit has a floor plan of 892 square feet. The main living areas feature vaulted ceilings. The property is suitable for expanding an investment portfolio, living in one unit while renting the other, or securing an income-producing property.
Key Highlights
- Excellent investment opportunity in a highly desirable Hayden location.
- Income‑producing duplex with two separate units.
- Each unit features 2 bedrooms, 1 bathroom, and an attached 1‑car garage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,286
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,720
$325.7K
Cap Rate 7%
$232,657
$232.7K
Cap Rate 9%
$180,956
$181.0K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$24.6K $13.80/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$23.3K $13.04/SF
− OpEx
−$7.0K −$3.91/SF
NOI
$16.3K $9.13/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,720
Cap Rate 7%
$232,657
Cap Rate 9%
$180,956
Alternative Uses
Best Use
Multifamily LT 5
$232.7K
$203.6K – $271.4K
NOI $16,286 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$215.3K
$188.4K – $251.2K
NOI $15,069 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$387.0K
$338.6K – $451.5K
NOI $27,090 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
Explore this area
Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Hayden with two units and attached garages.
Where is this duplex located?
The property is located at 51 & 55 E Ryan Drive Hayden, ID.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Excellent investment opportunity in a highly desirable Hayden location.; Income‑producing duplex with two separate units.; Each unit features 2 bedrooms, 1 bathroom, and an attached 1‑car garage.
