Well-Maintained Duplex Income
New
For Sale
$375,000
801-803 S Skyline Drive, Idaho Falls, ID 83402
MULTI_FAMILY - Idaho Falls, ID
Property Size2,288 SF
Lot Size0.19 Acres
Price / SF$163.90
Days on Market2
Property Features for 801-803 S Skyline Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
General Zoning: If Residence 2, Specific Zoning: Not Verified
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking
6
Parking features
Garage
Patio and Porch features
Deck
Fireplace
1
Basement
Daylight, Full, Exterior Entry, Finished
Appliances
Dishwasher, Microwave, Refrigerator, Oven, Stove
Subdivision
Cambridge Terrace-Bon
Lot features
Near Schools, Near Site Bus Stop, Established Lawn, Sprinkler- Auto, Sprinkler System- Full
Elementary school
Fox Hollow 91EL
Middle school
Eagle Rock 91JH
High school
Skyline 91HS
Directions
Head West on Pancheri towards Skyline HS. Turn right on Skyline Drive. Property is on your right.
Standard status
Active
APN
RPA0400007001A
Size
2,288 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1, S 1.5' LOT 2, BLOCK 7, CAMBRIDGE TERRACE PARK
Tax Annual Amount
3053
Legal Description
LOT 1, S 1.5' LOT 2, BLOCK 7, CAMBRIDGE TERRACE PARK
Utilities
Sewer type
Public Sewer
Heating system
Fireplace(s), Electric (Heating)
Water source
Public
Amenities
fireplace
Building Details
Year built
1975
Number of units
2
Building materials
Stucco
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 523-6111
Listed By:
Angie Daw · License #SP44244
(208) 523-6111
Added: Jul 29
Last Checked: Jul 30 at 3:06PM
MLS# 2188169
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex is configured as two separate residential units, each with two bedrooms, one full bathroom, a living area with a fireplace, and its own 1-car garage. Both units are currently occupied and operate on month-to-month leases.
Located on the west side of Idaho Falls along S Skyline Drive, the property is described as providing convenient access to schools, shopping, dining, and major roadways.
The listing includes a rent roll and 2025 P&L in the document tab. A 24-hour notice is required for showings, and pre-approval is required; tenants must not be disturbed.
Located on the west side of Idaho Falls along S Skyline Drive, the property is described as providing convenient access to schools, shopping, dining, and major roadways.
The listing includes a rent roll and 2025 P&L in the document tab. A 24-hour notice is required for showings, and pre-approval is required; tenants must not be disturbed.
Key Highlights
- Duplex built in 1975 with both units on month‑to‑month leases and currently occupied tenants
- Each unit offers 2 bedrooms, 1 full bathroom, and a living area with a fireplace
- Total monthly rents of $2,175
Financial Insights For Multifamily LT 5
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 | $28.8k | $12.60 |
| − Vacancy | −$1.3k | −$0.57 |
| EGI | $27.5k | $12.03 |
| − OpEx | −$8.3k | −$3.61 |
| NOI | $19.3k | $8.42 |
2,288 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.3K
$240.9K – $321.2K
NOI $19,272 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$249.0K
$217.9K – $290.5K
NOI $17,432 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$505.5K
$442.3K – $589.8K
NOI $35,385 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 83402, ID
28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two fully occupied units each offer two bedrooms, one full bath, a fireplace, and a dedicated 1-car garage.
Where is this duplex located?
The property is located at 801-803 S Skyline Drive Idaho Falls, ID.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex built in 1975 with both units on month‑to‑month leases and currently occupied tenants; Each unit offers 2 bedrooms, 1 full bathroom, and a living area with a fireplace; Total monthly rents of $2,175
