Occupied Duplex with
New
For Sale
$309,900
9 Foothill, Pocatello, ID 83204
Two separately configured units provide a two-bedroom upper residence and a one-bedroom lower residence.
Property Size1,608 SF
Price / SF$192.72
Days on Market4
Property Features for 9 Foothill
General Information
Standard status
Active
Size
1,608 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1949
Listing Agency:
ReMax Country Real Estate
Listed By:
Chris Robinson · License #SP28325
(208) 709-1943
Source:
Signaturerealestateid
Added: Sep 24
Last Checked: Sep 26 at 1:27PM
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 ReMax Country Real Estate
Investment Insights
Based on property information with market context.
Built in 1949, this 1,608-square-foot duplex contains two occupied units. The upper unit has two bedrooms and one bathroom, with use of a single-car garage. The lower-level unit includes one bedroom and one bathroom.
The property is at 9 Foothill in Pocatello, Idaho, near shopping, schools, and other everyday amenities.
The property is at 9 Foothill in Pocatello, Idaho, near shopping, schools, and other everyday amenities.
Key Highlights
- Two occupied units
- Upper unit: 2 bedrooms, 1 bathroom, and use of a single‑car garage
- Lower‑level unit: 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$217,000
$217.0K
Cap Rate 7%
$155,000
$155.0K
Cap Rate 9%
$120,556
$120.6K
Market Conditions
NOI Build-Up for 1,608 SF
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.
Gross rent
$16.4K $10.20/SF
− Vacancy
−$902 −$0.56/SF
EGI
$15.5K $9.64/SF
− OpEx
−$4.6K −$2.89/SF
NOI
$10.8K $6.75/SF
Area
Bannock County, ID
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$217,000
Cap Rate 7%
$155,000
Cap Rate 9%
$120,556
Alternative Uses
Best Use
Multifamily LT 5
$155.0K
$135.6K – $180.8K
NOI $10,850 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$144.3K
$126.3K – $168.4K
NOI $10,103 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$266.5K
$233.2K – $310.9K
NOI $18,652 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 83204, ID
18,408
Population
8,238
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
280.1 sq mi
ZIP Area
66
Density / Sq Mi
$55,191
Median Household Income
$33,806
Median Earnings
$748
Median Rent
$233,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured units provide a two-bedroom upper residence and a one-bedroom lower residence.
Where is this duplex located?
The property is located at 9 Foothill Pocatello, ID.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two occupied units; Upper unit: 2 bedrooms, 1 bathroom, and use of a single‑car garage; Lower‑level unit: 1 bedroom and 1 bathroom
