Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lewiston Duplex with Long-Term Renters Title is generated by Realmo AI

    806 & 808 Burrell Ave, Lewiston, ID 83501

    View on Map
    Claim this Listing
    New
    For Sale
    $383,900

    MULTI_FAMILY - Lewiston, ID

    Property size:
    1,768 SF
    Price / SF:
    $217/SF
    Added:
    May 29, 2026
    Days on Market:
    2
    Last Refresh:
    May 30 at 7:06 pm

    Property Features for 806 & 808 Burrell Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
    Parking
    4
    Parking features
    Driveway, Carport
    Appliances
    Disposal (Some Units), Stove/Range (All Units), Refrigerator (All Units)
    Standard status
    Active
    APN
    RPL00370040050
    Size
    1,768 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    See Ex A
    Tax Annual Amount
    5230

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1967
    Number of units
    2
    Flooring type
    Engineered
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Darce Vassar
    Darce Vassar

    Listing agent Darce Vassar License #132656

    Listing office Coldwell Banker Tomlinson Associates 325 Main St, Spokane, ID

    Listing date May 29, 2026

    MLS# 98988317 Listing URL

    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.

    HighLights

    • New flooring, electrical panels, and interior paint indicate recent updates.
    • Long‑term renters provide immediate rental income.
    • Central air conditioning and natural gas forced air heating ensure year‑round comfort.
    • All units include a stove/range and refrigerator.
    • Carport and driveway provide off‑street parking.
    • Durable vinyl siding exterior.

    Overview

    This well-cared-for duplex is located in Lewiston, Idaho. The property features new flooring, new electrical panels, and new interior paint. It is currently occupied by long-term renters. The property size is 1768 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Nez Perce
    State
    Idaho
    Longitude
    -116.99065
    Latitude
    46.376665

    Nearby Similar for Sale

    • $615,000
      4,742 SF

      Spacious Duplex with Conversion Potential

      Lewiston duplex with potential for triplex conversion and handicap accessibility.
      2841 Mayfair Dr, Lewiston, ID 83501
      View Details
    • $450,000
      2,110 SF

      Two Homes on One Lot

      Unique property featuring two homes, ideal for multi-generational living.
      1407 & 1407 1/2 Burrell Ave, Lewiston, ID 83501
      View Details
    • $419,500
      2,314 SF

      Lewiston Multifamily Property with Updates

      Updated duplex with potential for expansion in Lewiston, Idaho.
      1818 7th Avenue, Lewiston, ID 83501
      View Details
    • $439,000
      1,996 SF

      Updated Duplex in Lewiston Orchards

      Updated duplex with shop, ideal for investment or owner-occupancy.
      224 S Garden Court, Lewiston, ID 83501
      View Details
    • $6,700,000

      Quality Inn Hotel Investment

      Established hotel near Hells Canyon with expansion potential.
      2128 8th Ave, Lewiston, ID 83501
      View Details
    • $475,000
      2,400 SF

      Lewiston Duplex with Workshop

      Well-maintained duplex with shop in Lewiston Orchards neighborhood.
      630 Preston Ave, Lewiston, ID 83501
      View Details
    • $198,600
      735 SF

      Turnkey Restaurant with High Visibility

      Turnkey restaurant with high traffic, visibility, and ample parking.
      602 20th St N, Lewiston, ID 83501
      View Details
    • $6,700,000
      24,374 SF

      Quality Inn Hotel Investment

      Established hotel near Hells Canyon with expansion potential.
      Lewiston, ID 83501
      View Details
    • $325,000

      Lewiston, ID Land For Sale

      5 acre land parcel available in Lewiston, Idaho.
      Pheasant Loop Rd lot: 11A Tbd, Lewiston, ID 83501
      View Details
    • $335,000
      1,768 SF

      Lewiston Multifamily Home with Flexibility

      Charming Lewiston home, flexible living options, investment or owner-occupied.
      1811 17th Avenue, Lewiston, ID 83501
      View Details
    • $419,500
      2,314 SF

      Refurbished Duplex with Expansion Potential

      Move-in ready duplex with potential for a third unit.
      1818 7th Avenue, Lewiston, ID 83501
      View Details
    • $6,700,000
      24,374 SF

      Quality Inn Hells Canyon Hotel

      52-key hotel near Hells Canyon with high occupancy rate.
      2128 8th Ave, Lewiston, ID 83501
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Lewiston, Idaho with recent upgrades.
    Where is this duplex located?
    The property is located at 806 & 808 Burrell Ave Lewiston, ID.
    What is the asking price?
    The asking price for this property is $383,900.
    What are key features of this property?
    This property features: New flooring, electrical panels, and interior paint indicate recent updates.; Long‑term renters provide immediate rental income.; Central air conditioning and natural gas forced air heating ensure year‑round comfort.
    (208) 790-3328
    We can help!
    Listing Contact
    Darce Vassar
    Darce Vassar
    Real Estate License ID: 132656
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    806 & 808 Burrell Ave, Lewiston, ID 83501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!