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32286251
31796834

1302 South Manitou Avenue, Boise, ID 83706

RW
ID ID SP44974
Silvercreek Realty Group
Listed by Silvercreek Realty Group
$899,000
44 days on market
Updated 9 days ago

Boise State Duplex

Details
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio (+1)
Square Footage 2,472
Units 2
Cap Rate 4.45%
NOI $40,000
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 5.12%
Pro-Forma NOI $46,000
Price per SqFt $364
Class B
Year Built 2002
Lot Size (SqFt) 3,920
Zoning R-2
Sale Condition N/A

Prime Duplex- Two Blocks from Boise State University

Marketing description

Prime location just two blocks from Boise State University, this well-maintained duplex is ideal for both investors and owner-occupants. Each unit features two bedrooms, two bathrooms, a two-car garage, separate entrances, and an open-concept main level with large windows for abundant natural light. Upstairs includes two bedrooms, a built-in laundry area, a versatile desk space, and a private balcony. Each unit also offers a fully fenced side yard and separate patio—providing a rare sense of privacy for tenants. The property has been consistently maintained, with recent updates including HVAC systems, gutters, exterior paint, and a water heater. Additional improvements—such as appliances, flooring, and interior paint—have been completed within the past five years. Located within walking distance to the Boise Greenbelt, Broadway Albertsons, and Market Street retail, with downtown Boise just minutes away. Potential for owner financing - reach out to listing agent for more details.

Investment highlights

  • Prime location just 2 blocks from Boise State University
  • Well-maintained duplex ideal for investors or owner-occupants
  • Each unit offers 2 bedrooms and 2 bathrooms
  • Two-car garage + separate entrances for each unit
  • Open-concept main level with large windows and natural light
  • Upstairs includes built-in laundry, desk space, and private balcony
  • Fenced side yards and separate patios for strong tenant privacy
  • Recent updates include HVAC, gutters, exterior paint, water heater, plus additional upgrades in the past 5 years

Listing Contacts

RW
ID ID SP44974
Silvercreek Realty Group
Listed by Silvercreek Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$40,000.00
$3,333.33/mo

Valuation Metrics

0
DSCR
4.45%
Cap Rate
4.45%
ROI

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Additional Information

Name
Ryan Wallace
License
ID SP44974
Brokerage
Silvercreek Realtly Group
Brokerage Phone
2089710887
Title
Real Estate Agent
Brokerage Address
1099 S Wells St,
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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