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Duplex with Detached Garages
For Sale
$425,000

590-592 Holbrook Drive, Idaho Falls, ID 83401

Residential Income, Idaho Falls, ID

Property Size2,600 SF
Lot Size0.16 Acres
Price / SF$163.46
Days on Market101

Property Features for 590-592 Holbrook Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description General Zoning: Res-Multi-Family, Specific Zoning: Idaho Falls-R2-Mixed Res
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 3, Basement
Parking 2
Basement Partially Finished
Subdivision Linden Park-Bon
Elementary school Linden Park 91EL
Middle school Taylor View 91JH
High school Idaho Falls 91HS
Directions https://maps.app.goo.gl/w5zgvk3gi5iDW9jr8
Standard status Active
APN RPA1420003012O
Size 2,600 SF
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Exhibit A - Parcel #6
Tax Annual Amount 2819
Legal Description Exhibit A - Parcel #6

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1955
Number of units 2
Building materials Frame, Brick
Roof type Composition
Buildings 1
Listing Agency: eXp Realty LLC
Listed By: Grider Peterson Real Estate Team
Added: Jul 28 Changed: Oct 29 Last Checked: Nov 5 at 12:06PM
MLS# 2188078

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This frame-and-brick duplex contains 2,600 square feet across two residential units. Each unit offers approximately 1,300 square feet with 3 bedrooms, 1 bathroom, and a partially finished basement. Both residences have received updates over time and include a detached single-car garage for parking and storage. The property was built in 1955 and features forced-air natural gas heat, a composition roof, public water, and public sewer.

Located at 590-592 Holbrook Drive in Idaho Falls, the property is near schools, parks, shopping, restaurants, and other everyday amenities. The same block includes up to 13 similar duplexes that may be available for acquisition, according to the property information. Recent work includes a main sewer line repair completed in 2025 and a new water heater in Unit 590 in March 2026.

Key Highlights

  • 2,600 square feet across two units, with 6 bedrooms and 2 bathrooms total
  • Each unit is approximately 1,300 square feet with 3 bedrooms, 1 bathroom, and a partially finished basement
  • Two detached single‑car garages provide separate parking and storage

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

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with private garages, partial basements, and public water and sewer service.
Where is this duplex located?
The property is located at 590-592 Holbrook Drive 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 square feet across two units, with 6 bedrooms and 2 bathrooms total; Each unit is approximately 1,300 square feet with 3 bedrooms, 1 bathroom, and a partially finished basement; Two detached single‑car garages provide separate parking and storage
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