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Duplex with Separate Utilities

801 E Ball Avenue, Parma, ID 83660

For Sale
$289,900

Residential Income, Parma, ID

Property Size1,360 SF
Lot Size0.22 Acres
Price / SF$213.16
Days on Market52

Property Features for 801 E Ball Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
Parking 6
Appliances Disposal (No Units), Stove/Range (Some Units), Refrigerator (Some Units), Washer/Dryer (No Units)
Subdivision 0 Not Applic.
Lot features Standard Lot 6000-9999 S F
Elementary school Parma
Middle school Parma Jr
High school Parma
Elementary school district Parma School District #137
Middle school district Parma School District #137
High school district Parma School District #137
Directions I-84 West, bridge closed at Exit 26, use Exit 25, Turn West onto Hwy 44, follow detour, merge onto US-20/26 West to Notus/Parma and go 14 miles into Parma, turn South (LEFT) onto 8th St, turn East (LEFT) onto E Ball Ave to 801
Standard status Active
APN 387480100
Size 1,360 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 09-5N-5W-Ne Tx 98898 In Sene
Tax Annual Amount 2316
Legal Description 09-5N-5W-Ne Tx 98898 In Sene

Utilities

Heating system Natural Gas

Building Details

Year built 1961
Number of units 2
Flooring type Laminate, Engineered
Building materials Vinyl Siding
Roof type Composition
Buildings 1
Listing Agency: LPT Realty
Listed By: Doug Holladay · License #AB22516
Added: Sep 17 Changed: Nov 1 Last Checked: Nov 7 at 8:06PM
MLS# 99001214

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.

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Investment Insights

Based on property information with market context.

This 1961 duplex contains 1,360 square feet across two separate residences, each arranged with its own entrance, kitchen, bathroom, and utility setup. Individual water heaters and thermostats support independent operation, while vinyl siding, composition roofing, laminate and engineered flooring, and natural-gas heating serve the property. The offering is conveyed as-is. Unit #1 received a new furnace in 2025, and the mature trees on the parcel have been trimmed.

The property occupies a 0.2169-acre corner lot at 801 E Ball Avenue in Parma, Idaho. Its setting provides access to downtown Parma, nearby schools and shopping, and Highway 95. The two-unit layout, separate utilities, and existing residential improvements create a straightforward basis for continued rental use or owner occupancy with an additional residence.

Key Highlights

  • Two fully independent units within 1,360 square feet
  • Each residence includes a private entrance, kitchen, and bathroom
  • 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
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

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 independent residences offer private access, individual systems, and a practical rental configuration.
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 fully independent units within 1,360 square feet; Each residence includes a private entrance, kitchen, and bathroom; Separate utilities include individual water heaters and thermostats
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