Back to Search
Two-Unit Duplex with In-Unit Laundry

845 12th Street Idaho Falls, ID 83404

845 12th Street, Idaho Falls, ID, 83404
$350,000
For Sale
$350,000

MULTI_FAMILY - Idaho Falls, ID

Property Size2,256 SF
Lot Size0.13 Acres
Price / SF$155.14
Days on Market9

Property Features for 845 12th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Basement, Bedroom 5
Basement
Full
Appliances
Refrigerator
Standard status
Active
APN
RPA2140012015O
Size
2,256 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lot 15, Block 12, Scotts Addition
Tax Annual Amount
2876

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1955
Number of units
2
Flooring type
Carpet, Carpet - Full
Building materials
Brick
Roof type
Tar/Gravel
Listing Agency eXp Realty LLC
1653 E Braemere, Boise, ID
Listed by Grider Peterson Real Estate Team
Added: Jul 10 Checked: Jul 18 at 2:06 pm
MLS# 2187498 Listing URL

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 duplex includes two residential units: one 2-bedroom, 1-bath unit and one 3-bedroom, 1-bath unit. Each unit has its own laundry room, and both units are reported to offer approximately 1,128 square feet of living space. The property is currently tenant-occupied, providing immediate rental income potential for an owner seeking income-producing residential real estate.

The property is located at 845 12th Street in Idaho Falls, Idaho, within Bonneville County. Public remarks note convenient access to shopping, dining, schools, parks, and everyday amenities, supporting day-to-day livability for tenants.

The duplex totals approximately 2,256 square feet and sits on an approximately 0.13-acre lot, offering a straightforward two-unit configuration for investors.

Key Highlights

  • Duplex with two occupied units in Idaho Falls: one 2‑bed/1‑bath and one 3‑bed/1‑bath
  • Each unit includes an on‑site laundry room and is approximately 1,128 SF of living space
  • Tenants are currently in place, providing immediate rental income

Local 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 $28.4k $12.60
− Vacancy −$1.3k −$0.57
EGI $27.1k $12.03
− OpEx −$8.1k −$3.61
NOI $19.0k $8.42
2,256 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$271.5K
$237.5K – $316.7K (±1% cap)
NOI $19,003 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$245.6K
$214.9K – $286.5K (±1% cap)
NOI $17,189 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$498.4K
$436.1K – $581.5K (±1% cap)
NOI $34,890 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Parking Lot & Garage Catering Service

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

FAQs

What type of property is this?
Duplex - Duplex with a 2-bedroom and a 3-bedroom unit, each with a laundry room, currently tenant-occupied.
Where is this duplex located?
The property is located at 845 12th Street Idaho Falls, ID.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex with two occupied units in Idaho Falls: one 2‑bed/1‑bath and one 3‑bed/1‑bath; Each unit includes an on‑site laundry room and is approximately 1,128 SF of living space; Tenants are currently in place, providing immediate rental income
Contact an agent
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