Duplex with Updated
New
For Sale
$425,000
675-677 Holbrook Drive, Idaho Falls, ID 83401
Seven bedrooms, two detached single-car garages, and an updated vacant unit complement an occupied four-bedroom residence.
Property Size2,600 SF
Price / SF$163.46
Days on Market4
Property Features for 675-677 Holbrook Drive
General Information
Standard status
Active
Size
2,600 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/1BA, 1 x 4BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,871
Building Details
Building Size
2,600 SF
Year Built
1955
Buildings
1
Tenancy
Single
Listing Agency:
eXP Realty Luxury
Listed By:
Abigail Martin · License #SP51708
(503) 975-1761
Source:
Abigailmartinrealty
Added: Oct 26
Last Checked: Oct 26 at 3:25PM
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 eXP Realty Luxury
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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 duplex contains approximately 2,600 square feet across two units, with a combined total of 7 bedrooms and 2 bathrooms. Each unit has a detached single-car garage. Unit 675 has been renovated with new flooring, paint, and appliances and is vacant. Unit 677 contains 4 bedrooms and 1 bathroom and has had the same tenants since 2015; they plan to remain.
The property is located near schools, parks, shopping, and restaurants. Up to 13 similar duplexes are available on the same block for buyers considering multiple properties.
The property is located near schools, parks, shopping, and restaurants. Up to 13 similar duplexes are available on the same block for buyers considering multiple properties.
Key Highlights
- Approximately 2,600 square feet with 7 bedrooms and 2 bathrooms
- Two units, each with a detached single‑car garage
- Unit 675 is vacant and features new flooring, paint, and appliances
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
NOI $21,900 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$283.0K
$247.6K – $330.2K
NOI $19,810 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$574.4K
$502.6K – $670.2K
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
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Seven bedrooms, two detached single-car garages, and an updated vacant unit complement an occupied four-bedroom residence.
Where is this duplex located?
The property is located at 675-677 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: Approximately 2,600 square feet with 7 bedrooms and 2 bathrooms; Two units, each with a detached single‑car garage; Unit 675 is vacant and features new flooring, paint, and appliances
