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Four-Unit Quadplex with Modern Finishes

5405 117-218 Park Lawn, Chubbuck, ID 83202

For Sale
New
$649,900
Pending

MULTI-FAMILY, All Units-One Building, Units Over and Under, Chubbuck, ID

Property Size3,200 SF
Lot Size0.15 Acres
Days on Market7

Property Features for 5405 117-218 Park Lawn

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning Residential
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 7, Bedroom 5
Lot features Interstate Exit/ Access, Near Mall/ Shopping
Elementary school Ellis
Middle school Alameda
High school Highland
Subdivision Chubbuck & North
Standard status Pending
Size 3,200 SF
Lot size 0.15 Acres

Taxes and HOA fees

HOA Fee $200 Monthly

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
Buildings 1
Listing Agency: ReMax Country Real Estate
Listed By: Chris Robinson · License ID SP28325
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 9 at 11:06PM
MLS# 583965

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.

Rey
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Investment Insights

Based on property information with market context.

This residential quadplex contains four two-bedroom units in a single building, totaling 3,200 square feet on a 0.15-acre parcel. Interior features include granite countertops and LVP flooring, while the exterior is finished with vinyl siding. Each unit has PTAC heating and air conditioning, and a fire suppression system serves the property.

Appliances are included with the exception of washers and dryers. Professional property management is already in place, and the property is zoned Residential.

Key Highlights

  • Four two‑bedroom units in one building
  • 3,200 square feet on a 0.15‑acre parcel
  • Granite countertops and LVP flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,591
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,820 $431.8K
Cap Rate 7%
$308,443 $308.4K
Cap Rate 9%
$239,900 $239.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$32.6K $10.20/SF
− Vacancy
−$1.8K −$0.56/SF
EGI
$30.8K $9.64/SF
− OpEx
−$9.3K −$2.89/SF
NOI
$21.6K $6.75/SF
Area
Bannock County, ID
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,820
Cap Rate 7%
$308,443
Cap Rate 9%
$239,900

Alternative Uses

Best Use
Multifamily LT 5
$308.4K
$269.9K – $359.9K (±1% cap)
NOI $21,591 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K (±1% cap)
NOI $20,106 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$530.2K
$464.0K – $618.6K (±1% cap)
NOI $37,117 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 83202, ID

24,441
Population
8,866
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
93%
High-School Grad
166.8 sq mi
ZIP Area
147
Density / Sq Mi
$68,118
Median Household Income
$39,341
Median Earnings
$941
Median Rent
$300,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Bannock County, ID

$167 Jul
$169 Aug
$186 Sep
$219 Oct

Properties on Market for Quadplexes in Bannock County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence offers two bedrooms, and the building includes fire suppression and a property-management arrangement.
Where is this quadplex located?
The property is located at 5405 117-218 Park Lawn Chubbuck, ID.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four two‑bedroom units in one building; 3,200 square feet on a 0.15‑acre parcel; Granite countertops and LVP flooring
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