Exceptional Investment Opportunity in South Boise – 8 unit bldg (two 4-Plex) w Strong Returns Discover this well-maintained 8 units bldg in the highly desirable South Boise area, surrounded by established single-family homes. Each of the four units boasts a spacious **3-bedroom, 2-bathroom layout**, making it a sought-after choice for tenants and ensuring consistent occupancy. An additional 8 unit bldg is also available (two 4 plexs) With a **5.7% CAP rate** and a stable rent history, this property offers reliable cash flow for savvy investors. Exterior maintenance is **handled by the owners' association**, making it incredibly easy to manage and ideal for those seeking a hands-off investment. Located in a prime neighborhood close to amenities, schools, and parks, this property combines the benefits of a great location with the financial security of a proven income stream. Don't miss out on this rare opportunity to own a high-performing multifamily property in South Boise!
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Listing Snapshot
Price
$1,700,000
Days On Site
39 Days
Bedrooms
24
Inside Area (SqFt)
9,424 sqft
Total Baths
16
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
2006
MLS® Number
98962847
Status
Active
Property Tax
$6,623.32
HOA/Condo/Coop Fees
$860 monthly
Sq Ft Source
N/A
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Parking Spaces
8
Property Sub Type
Apartment
SqFt Total
9424
Utilities
Sewer ConnectedCable Connected
Water Source
Public
Interior Features
Appliances
DisposalRefrigeratorCooktopRange
Cooling
Central Air
Flooring
LaminateVinyl
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Stucco
Roof
Composition
Community Features
Association Dues
860
Financing Terms Available
CashConventional
HOA Fee Frequency
Monthly
MLS Area
Boise South - 0500
School District
West Ada School District
Schools
School District
West Ada School District
Elementary School
Desert Sage
Middle School
LkHazel Jr
High School
Mountain View
Listing courtesy of RE/MAX Advisors 2088630444
Listing information is provided by Participants of the Intermountain Multiple Listing Service. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Intermountain Multiple Listing Service.
Last checked: 2025-11-04 01:27 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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