Exceptional Investment Opportunity in South Boise – 4-Plex with Strong Returns Discover this well-maintained 4-plex 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. With a **5.3% 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!
Great investment opportunity, located near the Lake Hazel Rd. and Maple Grove Rd. intersection. All units aprx 1140 SqFt. 3br/2ba built in 2006. Association Dues are $270.00 a month. Outstanding rental history.
The median home value in Boise, ID is $427,100. This is lower than the county median home value of $493,100. The national median home value is $338,100. The average price of homes sold in Boise, ID is $427,100. Approximately 78.49% of Boise homes are owned, compared to 17.75% rented, while 3.75% are vacant. Boise real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Boise real estate agent to arrange a tour today!
Boise, Idaho 83709 has a population of 55,708. Boise 83709 is more family-centric than the surrounding county with 34.53% of the households containing married families with children. The county average for households married with children is 34.11%.
The median household income in Boise, Idaho 83709 is $76,468. The median household income for the surrounding county is $75,115 compared to the national median of $69,021. The median age of people living in Boise 83709 is 37.3 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 11 inches per year, with 11.7 inches of snow per year.