Search
Updated Duplex with Detached Garages
For Sale
$425,000

590-592 Holbrook Dr, Idaho Falls, ID 83401

Two residences feature partially finished basements and separate detached garages for storage and convenience.

Property Size2,600 SF
Price / SF$163.46
Days on Market112

Property Features for 590-592 Holbrook Dr

General Information

Standard status Active
Size 2,600 SF
Property subtype Multi-Family

Building Details

Year Built 1955
Listing Agency: eXp Realty LLC
Listed By: Grider Peterson Real Estate Team
Source: Idahohomerealty
Added: Jun 30 Changed: Oct 1 Last Checked: Oct 19 at 7:14AM

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 eXp Realty LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1955, this duplex at 590-592 Holbrook Dr includes two residences totaling 2,600 square feet. Each unit provides approximately 1,300 square feet with three bedrooms, one bathroom, and a partially finished basement. The property also includes two detached single-car garages, with one assigned to each unit, and both residences have received updates over time.

A water heater serving Unit 590 was replaced in March 2026, and the main sewer line was repaired in 2025. The property is situated near schools, parks, shopping, restaurants, and other daily amenities in Idaho Falls. Up to 13 similar duplexes may be available within the same block, creating the potential to assemble a larger local portfolio.

Key Highlights

  • 2,600 SF duplex with two 3‑bedroom, 1‑bath units
  • Each unit measures approximately 1,300 square feet and includes a partially finished basement
  • Two detached single‑car garages, one serving each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,900
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,000 $438.0K
Cap Rate 7%
$312,857 $312.9K
Cap Rate 9%
$243,333 $243.3K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$32.8K $12.60/SF
− Vacancy
−$1.5K −$0.57/SF
EGI
$31.3K $12.03/SF
− OpEx
−$9.4K −$3.61/SF
NOI
$21.9K $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%
$438,000
Cap Rate 7%
$312,857
Cap Rate 9%
$243,333

Alternative Uses

Best Use
Multifamily LT 5
$312.9K
$273.8K – $365.0K (±1% cap)
NOI $21,900 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$283.0K
$247.6K – $330.2K (±1% cap)
NOI $19,810 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$574.4K
$502.6K – $670.2K (±1% cap)
NOI $40,211 @ 7.0% cap · market cap 9.46%
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

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two residences feature partially finished basements and separate detached garages for storage and convenience.
Where is this duplex located?
The property is located at 590-592 Holbrook Dr Idaho Falls, ID.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,600 SF duplex with two 3‑bedroom, 1‑bath units; Each unit measures approximately 1,300 square feet and includes a partially finished basement; Two detached single‑car garages, one serving each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again