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2209 W Idaho St 6 Unit Apartment Building $1,070,000 ($178,333/Unit) Boise, ID 83702

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Investment Highlights

  • Close to downtown Boise
  • Well maintained-updated as units become vacant
  • Value Add Opportunity - Rents below market Value

Executive Summary

Well-maintained 6-unit multifamily property located in Boise’s highly desirable North End, just minutes from downtown and one block from a city park. The property features a strong unit mix consisting of two 2-bedroom/1-bath units and four 1-bedroom/1-bath units, all with separate electric meters. Five of the six units include washer/dryer hookups. Appliances in each unit include a range, refrigerator, and dishwasher.
The property offers five off-street parking spaces accessed from the alley, along with additional street parking. Ownership currently covers water, sewer, trash, and landscape maintenance. Four units are occupied by long-term tenants, resulting in below-market rents and providing clear upside potential through rent increases upon turnover.
Ownership has consistently maintained and improved the property over time, completing interior updates as units become vacant. Several units feature updated kitchens and flooring. Exterior capital improvements include a newer front roof (approximately four years old), updated siding on the front units, addition of a new front gable, and replacement of the main water line to the street. This is a rare opportunity to acquire a stabilized asset with value-add potential in one of Boise’s strongest rental submarkets.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,070,000
Price Per Unit $178,333
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.14 AC
Building Size 4,522 SF
Average Occupancy 100%
No. Stories 2
Year Built 1950
Zoning R-3D - R-3

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Deck

Site Amenities

  • Trash Pickup - Curbside
  • Bicycle Storage
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
R2734251710
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$877,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39321631

  • Date on Market: 2/4/2026

  • Last Updated:

  • Address: 2209 W Idaho St, Boise, ID 83702

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