Duplex with Separate-Entry
New
For Sale
$1,175,000
605 Williams Rd, Emmett, ID 83617
A distinct-address apartment adds flexible living space, with its own entrance and a second-floor deck.
Property Size7,200 SF
Price / SF$163.19
Days on Market2
Property Features for 605 Williams Rd
General Information
Standard status
Active
Size
7,200 SF
Total Parking Spaces
4
Property subtype
Land
Additional Details
Multifamily Units
2
Amenities
covered patio
spa
second-story deck
Building Details
Year Built
1993
Listed By:
City of Trees Real Estate
(208) 278-6880
Source:
Realestate-idaho
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 14 at 9:55PM
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 City of Trees Real Estate
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Investment Insights
Based on property information with market context.
At 605 Williams Rd in Emmett, this duplex property contains a 6,000-square-foot main home and an attached 1,200-square-foot apartment. The apartment has two bedrooms, one bathroom, its own address and entrance, and a second-story deck. The property was built in 1993.
Outdoor and storage features include a covered patio, a spa, an attached two-car garage, a detached two-car garage, and a small storage shop. Behind the garage, an unfinished 1,120-square-foot area provides additional space that can remain unfinished or be completed to suit a future need.
Outdoor and storage features include a covered patio, a spa, an attached two-car garage, a detached two-car garage, and a small storage shop. Behind the garage, an unfinished 1,120-square-foot area provides additional space that can remain unfinished or be completed to suit a future need.
Key Highlights
- 6,000‑square‑foot main home with an attached 1,200‑square‑foot apartment
- Apartment has 2 bedrooms, 1 bath, a separate address and entrance, and a second‑story deck
- Built in 1993
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,386
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,720
$1.5M
Cap Rate 7%
$1,105,514
$1.1M
Cap Rate 9%
$859,844
$859.8K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$116.6K $16.20/SF
− Vacancy
−$6.1K −$0.85/SF
EGI
$110.6K $15.35/SF
− OpEx
−$33.2K −$4.61/SF
NOI
$77.4K $10.75/SF
Area
Gem County, ID
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,720
Cap Rate 7%
$1,105,514
Cap Rate 9%
$859,844
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$967.3K – $1.29M
NOI $77,386 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$1.01M
$886.9K – $1.18M
NOI $70,952 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,492 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
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Business Placement
Demographics for 83617, ID
17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A distinct-address apartment adds flexible living space, with its own entrance and a second-floor deck.
Where is this duplex located?
The property is located at 605 Williams Rd Emmett, ID.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 6,000‑square‑foot main home with an attached 1,200‑square‑foot apartment; Apartment has 2 bedrooms, 1 bath, a separate address and entrance, and a second‑story deck; Built in 1993
