645 5th Ave W, Twin Falls, ID 83301
- Added:
- Jun 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 645 5th Ave W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- Parking
- 10
- Parking features
- RV
- Appliances
- Disposal (Some Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
- Standard status
- Pending
- APN
- RPT00107171911
- Size
- 1,202 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TWIN FALLS ACRES INSIDE NE .80A OF TAX #461, EXC NE .03A SE SE NE (17-10-17)
- Tax Annual Amount
- 1808
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1933
- Number of units
- 2
- Building materials
- Stucco, Stone
- Roof type
- Metal
Listing agent Mandi Riddle License #DB32412 (208) 539-1230
Listing office Berkshire Hathaway HomeServices Idaho Homes & Properties 1411 Falls Ave E Suite No. 215, Twin Falls, ID (208) 733-5336
Listing date Jun 9, 2026
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing duplex‑style setup with upper 1 bed/1 bath and walk‑out basement 1 bed/1 bath
- Basement unit has its own entrance, living room, and kitchenette
- Units can function independently or be connected for a 2‑bedroom, 2‑bath residence
- Zoned M‑2, offering flexibility for a variety of commercial uses (office, contractor HQ, live/work)
- 0.75‑acre lot with RV parking plus room for truck parking, equipment storage, and possible future shop construction
- Metal roof with stucco and stone construction; electric heat with baseboard and window/wall A/C units
Overview
Located at 645 5th Ave W in Twin Falls, Idaho, the property sits on a 0.75-acre lot. It is zoned M-2, which can support a variety of commercial uses in addition to residential occupancy. The exterior space offers room for practical business needs such as truck parking, equipment storage, or room for future shop construction.
For tenants, owners, or operators, the existing layout supports independent living units, a connected larger residence, or the use of one level for office, contractor headquarters, or a live/work configuration. With M-2 zoning and a larger lot designed to accommodate equipment and vehicles, the property may fit buyers seeking an owner-occupied rental, a flexible live-work setup, or a commercial-minded use aligned with the current improvements.
Local Financial Insights For Mixed Use
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 | $19.5k | $16.20 |
| − Vacancy | −$1.1k | −$0.89 |
| EGI | $18.4k | $15.31 |
| − OpEx | −$6.9k | −$5.74 |
| NOI | $11.5k | $9.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Twin Falls
- County
- Twin Falls
- State
- Idaho
- Longitude
- -114.4813655
- Latitude
- 42.5573705
