801 E Ball Avenue, Parma, ID 83660

Building Details

Year Built 1961 More

Listed By: City of Trees Real Estate Show Phone

Source: Realestate-idaho

Added: Sep 19 Changed: Nov 1 Last Checked: Nov 6 at 8:02AM

Report an Issue

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 City of Trees Real Estate

Ask AI about this property

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

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Built in 1961, this 1,360-square-foot duplex contains two independent units, each with its own entrance, kitchen, and bathroom. Separate utilities include individual water heaters and thermostats for the residences. The property is being offered in as-is condition and sits on a 0.22-acre corner lot with mature trees that have been recently trimmed. Unit #1 received a new furnace in 2025.

The property is near downtown Parma, schools, and shopping, with access to Highway 95. Its two-unit layout and independent utility setup provide a clearly defined configuration for residential rental use.

Key Highlights

• Two‑unit duplex with 1,360 square feet of property size
• Each unit has a private entrance, kitchen, and bath
• Separate utilities include individual water heaters and thermostats

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,543

Cap Rate

6.74%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$390,860 $390.9K

Cap Rate 7%

$279,186 $279.2K

Cap Rate 9%

$217,144 $217.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,360 SF

Gross rent

$36.9K $27.12/SF

− Vacancy

−$1.3K −$0.99/SF

EGI

$35.5K $26.13/SF

− OpEx

−$16.0K −$11.76/SF

NOI

$19.5K $14.37/SF

Area

Canyon County, ID

Vacancy

3.66%

Lease Rate

$27.12 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$390,860

Cap Rate 7%

$279,186

Cap Rate 9%

$217,144

Alternative Uses

Best Use

Apartment 5plus

$279.2K

$244.3K – $325.7K (±1% cap)

NOI $19,543 @ 7.0% cap · market cap 6.74%

Second Best

Multifamily LT 5

$116.6K

$102.0K – $136.0K (±1% cap)

NOI $8,160 @ 7.0% cap · market cap 2.81%

Theoretical Best

Office A

$362.2K

$317.0K – $422.6K (±1% cap)

NOI $25,357 @ 7.0% cap · market cap 8.75%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

171

Businesses Nearby

Explore this area Business Placement

Demographics for 83660, ID

6,317

Population

2,227

Households

2.8

Avg Household Size

39

Median Age

18%

College-Educated

83%

High-School Grad

124.3 sq mi

ZIP Area

51

Density / Sq Mi

$60,634

Median Household Income

$36,176

Median Earnings

$982

Median Rent

$363,600

Median Home Value

Market

Average Price Trend$/SF for Duplexes in Canyon County, ID

$197 Jul

$201 Aug

$207 Sep

$201 Oct

Properties on Market for Duplexes in Canyon County

Jul

Aug

Sep

Oct

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?

Duplex - Two self-contained residences each include a private entrance, kitchen, and bath.

Where is this duplex located?

The property is located at 801 E Ball Avenue Parma, ID.

What is the asking price?

The asking price for this property is $289,900.

What are key features of this property?

This property features: Two‑unit duplex with 1,360 square feet of property size; Each unit has a private entrance, kitchen, and bath; Separate utilities include individual water heaters and thermostats