Brick Duplex with Detached
For Sale
$350,000
555 /557 Tendoy Dr, Idaho Falls, ID 83401
Two separate units offer basement living space, private outdoor areas, and detached garage parking.
Property Size2,812 SF
Price / SF$124.47
Days on Market31
Property Features for 555 /557 Tendoy Dr
General Information
Standard status
Active
Size
2,812 SF
Property subtype
Multi-Family
Building Details
Year Built
1949
Listing Agency:
Century 21 High Desert
Listed By:
Sherri Biorn · License #3052_8723
(208) 604-2424
Source:
Noplacelikeidaho
Added: Sep 19
Changed: Oct 3
Last Checked: Oct 7 at 1:46PM
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.
Built in 1949, this 2,812-square-foot brick duplex contains two separate residential units. Each unit includes three bedrooms, with two bedrooms on the main level and another bedroom downstairs, along with a full bathroom and a kitchen with room for a dining table and chairs. Basement areas also provide a large family room, utility space, and laundry area.
The property requires updates, including carpet, paint, and potential repairs. Each unit has a private backyard area and its own one-car detached garage, adding outdoor space and dedicated parking. Located in Idaho Falls, the duplex is positioned at 555/557 Tendoy Dr and offers a defined two-unit layout with additional lower-level living space.
The property requires updates, including carpet, paint, and potential repairs. Each unit has a private backyard area and its own one-car detached garage, adding outdoor space and dedicated parking. Located in Idaho Falls, the duplex is positioned at 555/557 Tendoy Dr and offers a defined two-unit layout with additional lower-level living space.
Key Highlights
- 2,812‑square‑foot brick duplex built in 1949
- Two separate units, each with 3 bedrooms
- Each unit includes a large basement family room, utilities, and laundry
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
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 - Two separate units offer basement living space, private outdoor areas, and detached garage parking.
Where is this duplex located?
The property is located at 555 /557 Tendoy Dr 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: 2,812‑square‑foot brick duplex built in 1949; Two separate units, each with 3 bedrooms; Each unit includes a large basement family room, utilities, and laundry
