Four-Unit Quadplex with Granite
5405 109-210 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 109-210 Park Lawn
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Lot features
Elementary school
Middle school
High school
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
HOA Fee
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
ReMax Country Real Estate
(208) 234-4444
Listed By:
Chris Robinson · License ID SP28325
(208) 709-1943
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 9 at 11:06PM
MLS# 583964
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.
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Investment Insights
Based on property information with market context.
This 3,200-square-foot quadplex in Chubbuck is under construction, with completion listed for 2026. The four residences are arranged in one building, with units above and below. Each has a two-bedroom layout and granite countertops, LVP flooring, and a PTAC heating and cooling unit. The building also has a fire suppression system and vinyl siding.
Appliances are included, except for washers and dryers. Professional property management is in place. The property is zoned Residential and occupies a 0.15-acre parcel.
Appliances are included, except for washers and dryers. Professional property management is in place. The property is zoned Residential and occupies a 0.15-acre parcel.
Key Highlights
- Four residences, each with a two‑bedroom layout
- 3,200 square feet on a 0.15‑acre parcel
- Under construction; year built listed as 2026
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
NOI $21,591 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$530.2K
$464.0K – $618.6K
NOI $37,117 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
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Business Placement
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
$300,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Bannock County, ID
Properties on Market for Quadplexes in Bannock County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms and a one-building layout, with professional property management already in place.
Where is this quadplex located?
The property is located at 5405 109-210 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 residences, each with a two‑bedroom layout; 3,200 square feet on a 0.15‑acre parcel; Under construction; year built listed as 2026
