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3919 W Garnet St - 3919 W Garnet Street Quadplex 4 Unit Apartment Building Offered at $1,200,000 at a 5.15% Cap Rate Boise, ID 83703
Executive Summary
This well maintained 4-plex featuring private entrances, updated interiors, and strong curb appeal is an excellent addition to any investment portfolio. Units offer modern finishes, abundant natural light, and functional layouts that attract long-term tenants.
Property includes a spacious lot with mature landscaping and large metal carports providing covered parking. Efficient, low maintenance design and stable rental appeal make this an excellent opportunity for consistent cash flow and long-term appreciation.
Property includes a spacious lot with mature landscaping and large metal carports providing covered parking. Efficient, low maintenance design and stable rental appeal make this an excellent opportunity for consistent cash flow and long-term appreciation.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$61,800
|
$16.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$61,800
|
$16.02
|
| Taxes |
$7,271
|
$1.88
|
| Operating Expenses |
$3,800
|
$0.98
|
| Total Expenses |
$11,071
|
$2.87
|
| Net Operating Income |
$50,729
|
$13.15
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $61,800 |
| Annual Per SF | $16.02 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $61,800 |
| Annual Per SF | $16.02 |
| Taxes | |
|---|---|
| Annual | $7,271 |
| Annual Per SF | $1.88 |
| Operating Expenses | |
|---|---|
| Annual | $3,800 |
| Annual Per SF | $0.98 |
| Total Expenses | |
|---|---|
| Annual | $11,071 |
| Annual Per SF | $2.87 |
| Net Operating Income | |
|---|---|
| Annual | $50,729 |
| Annual Per SF | $13.15 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Ceiling Fans
- High Speed Internet Access
- Yard
- Dining Room
- Double Pane Windows
- Patio
- Vinyl Flooring
Site Amenities
- Gas Range
- Individual Locking Bedrooms
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,800 | 960 |
| 2+1 | 2 | $1,500 | 957 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
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3919 W Garnet St - 3919 W Garnet Street Quadplex
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