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4-Unit Quadplex Under Construction
New
For Sale
$850,000

6430 N Freedom Road, Idaho Falls, ID 83401

Residential Income, Idaho Falls, ID

Property Size4,712 SF
Lot Size0.31 Acres
Price / SF$180.39
Days on Market1

Property Features for 6430 N Freedom Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Zoning description General Zoning: Not Verified, Specific Zoning: Not Verified
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Appliances Common Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Stove
Subdivision Freedom Acres-Bon
Lot features Sprinkler- Auto
Elementary school Ucon 93EL
Middle school Rocky Mountain 93JH
High school Bonneville 93HS
Directions From Beach's Corner go North on Hwy towards Ucon to East Gample Ave, go East to Silver Fox Road and go South to address.
Standard status Active
Size 4,712 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description L10 B9 Freedom Acres Div 3
Tax Annual Amount 0
HOA Fee $125 Annually
Legal Description L10 B9 Freedom Acres Div 3

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Radiant
Water source Public

Amenities

Granite Counters
Open Concept

Building Details

Year built 2026
Number of units 4
Flooring type Carpet - Full, Carpet
Building materials Stone, Vinyl Siding
Buildings 1
Listing Agency: Keller Williams Realty East Idaho
Listed By: Ryan Webster
Added: Oct 28 Last Checked: Oct 28 at 11:06PM
MLS# 2190048

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This four-unit multifamily property is under construction, with a reported 2026 year built. The building contains 4,712 square feet on a 0.31-acre parcel. Interior features include granite countertops and an open-concept layout, with full carpeting and stone and vinyl siding.

Recorded appliances include a dishwasher, microwave, refrigerator, oven, and stove. The property has electric radiant heat, common water heaters, public water, and public sewer.

Key Highlights

  • Fourplex with 4,712 square feet of building area
  • 0.31‑acre parcel
  • Under construction; year built listed as 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,690
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,800 $793.8K
Cap Rate 7%
$567,000 $567.0K
Cap Rate 9%
$441,000 $441.0K
Market Conditions
NOI Build-Up for 4,712 SF
Gross rent
$59.4K $12.60/SF
− Vacancy
−$2.7K −$0.57/SF
EGI
$56.7K $12.03/SF
− OpEx
−$17.0K −$3.61/SF
NOI
$39.7K $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%
$793,800
Cap Rate 7%
$567,000
Cap Rate 9%
$441,000

Alternative Uses

Best Use
Multifamily LT 5
$567.0K
$496.1K – $661.5K (±1% cap)
NOI $39,690 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$512.9K
$448.8K – $598.4K (±1% cap)
NOI $35,901 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.04M
$910.9K – $1.21M (±1% cap)
NOI $72,874 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

13
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?
Quadplex - The planned multifamily property includes granite countertops and an open-concept interior.
Where is this quadplex located?
The property is located at 6430 N Freedom Road Idaho Falls, ID.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fourplex with 4,712 square feet of building area; 0.31‑acre parcel; Under construction; year built listed as 2026
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Includes: Price & PSF · Cap rate · Location · Zoning

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