619 1ST, Preston, ID 83263
4BD/—BA Residential in Preston, ID 83263. 1,910 sqft. Built 2006. Listed at $505,000. MLS #2155863.
4BD/—BA Residential in Preston, ID 83263. 1,910 sqft. Built 2006. Listed at $505,000. MLS #2155863.
PRICE IMROVEMENT! Turnkey duplex oppotunity in a quiet, established subdivision! This well-maintained 2006 built property features two identical units, each offering 2 bedrooms, 1 bath, a 2-car garage, and vaulted ceilings tha add an open airy feel. This property delivers strong rental appeal in a peaceful neighborhood setting. Co-listed with Brad Smith/Beckstead Real Estate.
Property Type
Residential
Property Style
Duplex
Architectural Style
Stories: 1
Subdivision
CREAMERY HOLLOW
County
Franklin
Zoning
Multi-Family
Construction
Brick
Lot Size
0.4 sq ft
Condition
Blt./Standing
MLS #
2155863
Property Type
Residential
Property Style
Duplex
Architectural Style
Stories: 1
Subdivision
CREAMERY HOLLOW
County
Franklin
Zoning
Multi-Family
Construction
Brick
Lot Size
0.4 sq ft
Condition
Blt./Standing
MLS #
2155863
List Price
$505,000
Original Price
$525,000
HOA Fees
$100 / Annually
Annual Taxes
$2,800
Home Warranty
No
List Price
$505,000
Original Price
$525,000
HOA Fees
$100 / Annually
Annual Taxes
$2,800
Home Warranty
No
Heating
Forced Air
Roof
Asphalt
Flooring
Carpet
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Roof
Asphalt
Flooring
Carpet
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
100/100
vs Market Median
112% above
Price Reduced
3.8%
Area Growth (YoY)
16.0%
Deal Score Breakdown
100/100 · 1 qualifying signal
16.0% year-over-year ZHVI growth in this area
4% price reduction from original list — seller may be motivated
Priced 112% above the per-subtype city median
STR net cashflow -$1,769/mo (-51.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$28,823/yr
$356/night · 44% occupancy · $101/bedroom · $0.20/sqft
Net Monthly Cash Flow
−$1,768 /mo (−$21,217/yr)
Monthly STR income
Monthly ownership cost
Coverage
70%
Net /mo
−$1,769
DSCR
0.66
$440,000
+15% vs median
95 days
51
$249,500 – $1,499,000
$2,800
$100/annually
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