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Duplex with Detached Single-Car Garages
New
For Sale
$460,000

590-592 Holbrook Drive, Idaho Falls, ID 83401

MULTI_FAMILY - Idaho Falls, ID

Property Size2,600 SF
Lot Size0.16 Acres
Price / SF$176.92
Days on Market6

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 Basement, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4
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

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
Listing Agency: eXp Realty LLC
Listed By: Grider Peterson Real Estate Team
Added: Jul 28 Changed: Jul 31 Last Checked: Aug 2 at 6:06AM
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.

Investment Insights

Based on property information with market context.

This duplex features two residential units within a frame and brick building, built in 1955. The property totals 2,600 square feet and sits on a 0.1647-acre lot. Each unit offers approximately 1,300 square feet with three bedrooms and one bathroom, plus a partially finished basement.

Both units include their own detached single-car garage. Heating is forced air with natural gas, and the roof is composition. Water is provided via public water and sewer service is through public sewer.

Recent improvements include a new water heater in Unit 590 (March 2026) and a main sewer line repair completed in 2025. The layout includes a basement and bedrooms and bathrooms configured across the units for rental functionality.

Key Highlights

  • 2,600 total square feet on a 0.1647‑acre lot
  • Two duplex units, each about 1,300 square feet with 3 bedrooms and 1 bathroom
  • Partially finished basement in each unit

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.8k $12.60
− Vacancy −$1.5k −$0.57
EGI $31.3k $12.03
− OpEx −$9.4k −$3.61
NOI $21.9k $8.42
2,600 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$312.9K
$273.8K – $365.0K (±1% cap)
NOI $21,900 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$283.0K
$247.6K – $330.2K (±1% cap)
NOI $19,810 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$574.4K
$502.6K – $670.2K (±1% cap)
NOI $40,211 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Catering Service Wine and Liquor Store

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

Multi-tenant
Tenancy

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two updated units, each with a detached single-car garage and partially finished basement space.
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 $460,000.
What are key features of this property?
This property features: 2,600 total square feet on a 0.1647‑acre lot; Two duplex units, each about 1,300 square feet with 3 bedrooms and 1 bathroom; Partially finished basement in each unit
More about this property
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