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Duplex with Updated Upper Unit
For Sale
$329,900

586 Boyd, Chubbuck, ID 83202

Two residential units offer separate electrical meters, laundry hookups, and fenced outdoor space.

Property Size2,096 SF
Lot Size0.26 Acres
Price / SF$157.40
Days on Market86

Property Features for 586 Boyd

General Information

Standard status Active
Size 2,096 SF
Lot size 0.26 Acres
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

washer and dryer hookups
deck
fully fenced yard
RV pad/outdoor entertainment area

Building Details

Year Built 1976
Buildings 1
Listing Agency: Congress Realty, Inc
Listed By: Jared English · License #0561973
Source: Noplacelikeidaho
Added: Jul 22 Changed: Oct 14 Last Checked: Oct 13 at 1:48AM

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 Congress Realty, Inc

Investment Insights

Based on property information with market context.

This duplex contains 2,096 square feet across two residential units, with each unit arranged as two bedrooms, one bathroom, a kitchen, and a living room. Both units include washer and dryer hookups and separate electrical meters. The upper residence has received interior improvements including fresh paint, new carpet, updated light fixtures, new closet doors, and a refurbished deck. The lower unit is described as clean and ready for occupancy.

The property sits on a 0.26-acre lot with vinyl siding, a fully fenced yard, landscaped grounds, dwarf Alberta spruce trees, and access to irrigation water. Additional exterior features include abundant off-street parking, a deck, and a large RV pad or outdoor entertainment area. Built in 1976, the duplex offers a two-unit residential configuration with distinct utility metering and flexible occupancy options.

Key Highlights

  • 2,096‑square‑foot duplex with two 2‑bedroom, 1‑bathroom units
  • Upper unit updated with fresh paint, new carpet, light fixtures, closet doors, and a refurbished deck
  • Separate electrical meters serve each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,142
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,840 $282.8K
Cap Rate 7%
$202,029 $202.0K
Cap Rate 9%
$157,133 $157.1K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$21.4K $10.20/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$20.2K $9.64/SF
− OpEx
−$6.1K −$2.89/SF
NOI
$14.1K $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%
$282,840
Cap Rate 7%
$202,029
Cap Rate 9%
$157,133

Alternative Uses

Best Use
Multifamily LT 5
$202.0K
$176.8K – $235.7K (±1% cap)
NOI $14,142 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.5K (±1% cap)
NOI $13,170 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$347.3K
$303.9K – $405.2K (±1% cap)
NOI $24,312 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Barber Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

189
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate electrical meters, laundry hookups, and fenced outdoor space.
Where is this duplex located?
The property is located at 586 Boyd Chubbuck, ID.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 2,096‑square‑foot duplex with two 2‑bedroom, 1‑bathroom units; Upper unit updated with fresh paint, new carpet, light fixtures, closet doors, and a refurbished deck; Separate electrical meters serve each unit
More about this property
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