Brick Duplex with Detached
For Sale
$350,000
555/557 Tendoy Drive, Idaho Falls, ID 83401
Separate outdoor areas and basement living space support flexible unit layouts.
Property Size2,812 SF
Price / SF$124.47
Days on Market58
Property Features for 555/557 Tendoy Drive
General Information
Standard status
Active
Size
2,812 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs some updating
Additional Details
Multifamily Units
2
Building Details
Year Built
1949
Buildings
1
Construction
brick
Listing Agency:
Century 21 High Desert
Listed By:
Sherri Biorn · License #3052_8723
(208) 604-2424
Source:
Townsendrealtyteam
Added: Aug 23
Changed: Oct 5
Last Checked: Oct 19 at 4:10AM
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 Century 21 High Desert
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Investment Insights
Based on property information with market context.
This brick duplex contains two separate units, each arranged with 3 bedrooms, a kitchen with room for a table and chairs, and a full bathroom. Two bedrooms are located on the main floor, while the basement adds another bedroom and a large family room. Basement areas also contain the utilities and laundry facilities. The property encompasses 2812 square feet and was built in 1949.
Each unit includes a private backyard area and its own detached one-car garage. The building requires updating, including carpet and paint work, along with possible repairs. Located in Idaho Falls, the property is identified as 555/557 Tendoy Drive, Idaho Falls, ID 83401.
Each unit includes a private backyard area and its own detached one-car garage. The building requires updating, including carpet and paint work, along with possible repairs. Located in Idaho Falls, the property is identified as 555/557 Tendoy Drive, Idaho Falls, ID 83401.
Key Highlights
- Two‑unit brick duplex with 2812 square feet
- Each unit includes 3 bedrooms, with 2 bedrooms on the main floor
- Basements add a bedroom and large family room to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,686
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,720
$473.7K
Cap Rate 7%
$338,371
$338.4K
Cap Rate 9%
$263,178
$263.2K
Market Conditions
NOI Build-Up for 2,812 SF
Gross rent
$35.4K $12.60/SF
− Vacancy
−$1.6K −$0.57/SF
EGI
$33.8K $12.03/SF
− OpEx
−$10.2K −$3.61/SF
NOI
$23.7K $8.42/SF
Area
Bonneville County, ID
Vacancy
4.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,720
Cap Rate 7%
$338,371
Cap Rate 9%
$263,178
Alternative Uses
Best Use
Multifamily LT 5
$338.4K
$296.1K – $394.8K
NOI $23,686 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$306.1K
$267.8K – $357.1K
NOI $21,425 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$621.3K
$543.6K – $724.8K
NOI $43,489 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate outdoor areas and basement living space support flexible unit layouts.
Where is this duplex located?
The property is located at 555/557 Tendoy Drive Idaho Falls, ID.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit brick duplex with 2812 square feet; Each unit includes 3 bedrooms, with 2 bedrooms on the main floor; Basements add a bedroom and large family room to each unit
