Triplex With Expansive
For Sale
$325,000
798 Garfield Street, Idaho Falls, ID 83401
MULTI-FAMILY, Idaho Falls, ID
Property Size1,834 SF
Lot Size0.41 Acres
Price / SF$177.21
Days on Market55
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Property Features for 798 Garfield Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Residential
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4
Fencing
Chain Link
Elementary school
Erickson
Middle school
Taylorview
High school
Idaho Falls
Subdivision
Idaho Falls
Standard status
Active
Size
1,834 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Annual Amount
1539
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1959
Number of units
3
Building materials
Frame
Roof type
Metal
Listing Agency:
Real Broker, LLC
(208) 609-9820
Listed By:
Dan Thomas · License #SP43305
(208) 360-1293
Added: Aug 22
Changed: Oct 13
Last Checked: Oct 15 at 4:06PM
MLS# 583785
Copyright © 2026 Greater Pocatello Association of REALTORS®. 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 residential triplex contains 1,834 square feet across three rental units. The 0.41-acre parcel includes chain-link fencing, and the building was constructed in 1959 with frame construction, forced-air heating, a metal roof, and public water service.
All three units are occupied. The room information lists four bedrooms and three bathrooms across the property.
All three units are occupied. The room information lists four bedrooms and three bathrooms across the property.
Key Highlights
- Three rental units, all occupied
- 1,834 square feet of building area
- 0.41‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,448
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,960
$309.0K
Cap Rate 7%
$220,686
$220.7K
Cap Rate 9%
$171,644
$171.6K
Market Conditions
NOI Build-Up for 1,834 SF
Gross rent
$23.1K $12.60/SF
− Vacancy
−$1.0K −$0.57/SF
EGI
$22.1K $12.03/SF
− OpEx
−$6.6K −$3.61/SF
NOI
$15.4K $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%
$308,960
Cap Rate 7%
$220,686
Cap Rate 9%
$171,644
Alternative Uses
Best Use
Multifamily LT 5
$220.7K
$193.1K – $257.5K
NOI $15,448 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$199.6K
$174.7K – $232.9K
NOI $13,973 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$405.2K
$354.6K – $472.7K
NOI $28,364 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
639
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
Check the figures for this property
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?
Triplex - Three rental residences have tenants in place.
Where is this triplex located?
The property is located at 798 Garfield Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three rental units, all occupied; 1,834 square feet of building area; 0.41‑acre lot
