New Construction
5405 111-212 Park Lawn Chubbuck, ID 83202
5405 111-212 Park Lawn, Chubbuck, ID, 83202
$634,900
For Sale
$634,900
MULTI_FAMILY - Chubbuck, ID
Property Size3,200 SF
Lot Size0.15 Acres
Price / SF$198.41
Days on Market152
Property Features for 5405 111-212 Park Lawn
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- Residential
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 2
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Zoned
- Cooling system
- Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2026
- Number of units
- 4
- Building materials
- Frame
- Architectural style
- Other
Listing agency
ReMax Country Real Estate
(208) 234-4444
Listed by
Chris Robinson · License #SP28325
(208) 709-1943
Added: Feb 19 Updated: Jul 20 at 7:05PM Checked: Jul 21 at 11:06AM
MLS# 581693
Copyright © 2026 Greater Pocatello Association of REALTORS®. 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.
A turnkey newly constructed 4-plex at 5405 Park Lawn, Chubbuck, ID 83202, built for low-maintenance operation. The property consists of four units, each featuring a 2-bedroom layout. Interior and exterior features include granite countertops, LVP flooring, durable vinyl siding, and PTAC heat and AC units. Appliances are included except washer and dryer, and the building includes a fire suppression system.
Residential zoning applies to the property. Professional property management is already in place for a seamless transition.
This is a straightforward, newly built income property configuration with consistent unit layouts and modern, durable finishes throughout.
Residential zoning applies to the property. Professional property management is already in place for a seamless transition.
This is a straightforward, newly built income property configuration with consistent unit layouts and modern, durable finishes throughout.
Key Highlights
- Newly built 4‑plex (2026) in under construction status
- Frame construction with zoned heating and wall/window A/C units
- 2‑bedroom layout in each unit
Local 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 | $32.6k | $10.20 |
| − Vacancy | −$1.8k | −$0.56 |
| EGI | $30.8k | $9.64 |
| − OpEx | −$9.3k | −$2.89 |
| NOI | $21.6k | $6.75 |
3,200 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.4K
$269.9K – $359.9K
NOI $21,591 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$530.2K
$464.0K – $618.6K
NOI $37,117 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey 4-plex investment with 2-bedroom units, modern finishes, and appliances included except washer and dryer.
Where is this quadplex located?
The property is located at 5405 111-212 Park Lawn Chubbuck, ID.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: Newly built 4‑plex (2026) in under construction status; Frame construction with zoned heating and wall/window A/C units; 2‑bedroom layout in each unit
