Townhome Residential Income
For Sale
$379,000
520 Diamond Ln., Emmett, ID 83617
Residential Income, Emmett, ID
Property Size1,475 SF
Lot Size0.04 Acres
Price / SF$256.95
Days on Market172
Property Features for 520 Diamond Ln.
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 3
Parking
1
Parking features
Driveway
Interior features
Walk In Shower
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
0 Not Applic.
Lot features
Small Lot 5999 S F, Irrigation, Sidewalks
Elementary school
Carberry
Middle school
Emmett
High school
Emmett
Elementary school district
Emmett Independent District #221
Middle school district
Emmett Independent District #221
High school district
Emmett Independent District #221
Directions
From Hwy 16 and Johns Rd, Go N. on Johns Rd, Go W. on Diamond Ln
Standard status
Active
APN
RPE1215A010020
Size
1,475 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
06N 01W Sec 18 Gem Valley Townhomes Subdivision Lot 02 Blk 01
HOA Fee
$110 Monthly
Legal Description
06N 01W Sec 18 Gem Valley Townhomes Subdivision Lot 02 Blk 01
Utilities
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Number of units
1
Flooring type
Vinyl
Building materials
Frame, HardiPlank Type
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Kyler Wartman · License #SP48594
(208) 859-6380
Added: Apr 18
Changed: Sep 13
Last Checked: Oct 6 at 7:06AM
MLS# 98982746
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.
This under-construction residential income property is a townhome with 1,475 square feet of living area on a 0.04-acre lot. The layout places two bedrooms and a shared bathroom downstairs, while the upper level includes a vaulted living room, kitchen, dining area, covered balcony, and primary suite. The primary bedroom features a vaulted ceiling, tiled shower, and walk-in closet.
Construction includes frame and HardiPlank Type materials, vinyl flooring, composition roofing, electric forced-air heat, and central air conditioning. The home is equipped with a disposal, stove/range, refrigerator, and washer/dryer. A driveway provides on-site parking. The property is located at 520 Diamond Ln. in Emmett, near shopping, dining, and everyday conveniences.
Construction includes frame and HardiPlank Type materials, vinyl flooring, composition roofing, electric forced-air heat, and central air conditioning. The home is equipped with a disposal, stove/range, refrigerator, and washer/dryer. A driveway provides on-site parking. The property is located at 520 Diamond Ln. in Emmett, near shopping, dining, and everyday conveniences.
Key Highlights
- 1,475 SF townhome on a 0.04‑acre lot
- Under construction with 2026 year built
- Vaulted living room and primary suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,535
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,700
$290.7K
Cap Rate 7%
$207,643
$207.6K
Cap Rate 9%
$161,500
$161.5K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$28.0K $18.96/SF
− Vacancy
−$1.5K −$1.04/SF
EGI
$26.4K $17.92/SF
− OpEx
−$11.9K −$8.06/SF
NOI
$14.5K $9.85/SF
Area
Gem County, ID
Vacancy
5.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,700
Cap Rate 7%
$207,643
Cap Rate 9%
$161,500
Alternative Uses
Best Use
Apartment 5plus
$207.6K
$181.7K – $242.3K
NOI $14,535 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$373.1K
$326.5K – $435.3K
NOI $26,118 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 83617, ID
17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Under-construction townhome with a vaulted living room, covered balcony, and central Emmett location.
Where is this residential income property located?
The property is located at 520 Diamond Ln. Emmett, ID.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 1,475 SF townhome on a 0.04‑acre lot; Under construction with 2026 year built; Vaulted living room and primary suite
