Idaho Falls Turnkey
915 Ada Avenue Idaho Falls, ID 83402
For Sale
$399,000
MULTI_FAMILY - Idaho Falls, ID
Property Size2,020 SF
Lot Size0.14 Acres
Price / SF$197.52
Days on Market18
Property Features for 915 Ada Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3
Interior features
Newly Renovated
Basement
Full, Finished, Daylight
Appliances
Separate Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Stove
Standard status
Active
APN
RPA1040079004A
Size
2,020 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 4-5, BLOCK 79, HIGHLAND PARK NW1/4, SEC 18, T 2N, R 38
Tax Annual Amount
1458
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Zoned, Ductless
Water source
Public
Building Details
Year built
1943
Number of units
2
Building materials
Frame, Vinyl Siding
Roof type
Metal
Listing Agency:
Real Broker LLC
(208) 841-3088
Listed By:
Austin Jacobs · License #47428
(208) 841-3088
Added: Jul 13
Changed: Jul 24
Last Checked: Jul 30 at 10:06AM
MLS# 2185743
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 updated duplex in Idaho Falls presents an opportunity for investors or owner-occupants. The property features two separate living spaces with modern finishes. The top unit includes 3 bedrooms and 2 bathrooms with an open-concept living area, remodeled kitchen, updated bathrooms, and a spacious layout. The lower unit offers 2 bedrooms and 1 bathroom with its own kitchen, updated bath, private living space, and separate entrance. Both units feature refreshed interiors, newer flooring, clean finishes, and functional layouts. The property is located near the Melaleuca Baseball Field, Snake River Greenbelt, and downtown Idaho Falls restaurants, shopping, parks, and entertainment. Easy access to schools, commuter routes, and everyday amenities adds value. The property is suited for house hacking, multi-generational living, or as an investment property. The property size is 2020 square feet and the lot size is 0.14 acres.
Key Highlights
- Turnkey duplex with newly renovated interiors and refreshed flooring throughout
- Top unit: 3 bedrooms, 2 bathrooms, open‑concept living area, remodeled kitchen, updated bathrooms
- Lower unit: 2 bedrooms, 1 bathroom, separate entrance and its own kitchen and updated bath
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 | $25.5k | $12.60 |
| − Vacancy | −$1.1k | −$0.57 |
| EGI | $24.3k | $12.03 |
| − OpEx | −$7.3k | −$3.61 |
| NOI | $17.0k | $8.42 |
2,020 SF · lease $12.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.1K
$212.7K – $283.6K
NOI $17,015 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$219.9K
$192.4K – $256.5K
NOI $15,390 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$446.3K
$390.5K – $520.7K
NOI $31,241 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex in Idaho Falls, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 915 Ada Avenue Idaho Falls, ID.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Turnkey duplex with newly renovated interiors and refreshed flooring throughout; Top unit: 3 bedrooms, 2 bathrooms, open‑concept living area, remodeled kitchen, updated bathrooms; Lower unit: 2 bedrooms, 1 bathroom, separate entrance and its own kitchen and updated bath
