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    Boise, ID Apartment Buildings for Sale

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    Garden City, ID Meridian, ID Eagle, ID Kuna, ID Nampa, ID Star, ID Horseshoe Bend, ID Middleton, ID
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    Fourplex Apartment Complex with Patio
    Updated: Jul 2
    Fourplex Apartment Complex with Patio

    3695-3703 W Morris Hill Road, Boise, ID 83706

    $3,475,000
    12,480 sqft
    Morris Hill Apartments features 4 individually parceled fourplex buildings with 16 total units (2 units main level and 2 units upstairs per building).
    Each unit offers 780 SF with 2 bedrooms, 1 full bathroom, living room, kitchen, dining room, washer/dryer hookups/closet, and a patio/deck.
    Units include covered parking plus exterior storage closet; parking features include carport and driveway.
    Cooling is central air, with heating including electric and forced air; roof is composition.
    Capital improvements include front stairs/landings replaced at all buildings within the last 5 years, plus HVAC replacements in units #10, 11, and 12 in 2024.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3695-3703 W Morris Hill Road, Boise, ID 83706

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $131K
      Annual

    • Mortgage

      $750K
      Aug 2020

    • Property Type

      Quadplex
      Built 1987
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    8-Unit Multifamily Apartment Building
    Updated: May 19
    8-Unit Multifamily Apartment Building

    9212 W Brogan Dr A & B, Boise, ID 83709

    $1,700,000
    9,424 sqft
    8‑unit multifamily building (two 4‑plex) built in 2006
    Each unit offers a 3‑bedroom, 2‑bathroom layout
    Central air cooling and forced‑air natural gas heating
    Appliances included: disposal, stove/range, and refrigerator (all units)
    Stucco/synthetic construction with a composition roof
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    Townhouse-Style Multifamily Portfolio
    Townhouse-Style Multifamily Portfolio

    4800 W Richardson Street, Boise, ID 83705

    $2,700,000
    13,254 sqft 0.40 AC lot

    Well-maintained 4-plex townhouse-style units with private yards and on-site storage for stable rental income.

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    North End Multifamily Investment
    North End Multifamily Investment

    2104 N 18th St, Boise, ID 83702

    $1,200,000
    2,732 sqft

    Five-unit property in Boise's desirable North End neighborhood.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Downtown Boise Mixed-Use Property
    Downtown Boise Mixed-Use Property

    1019 West Main Street, Boise, ID 83702

    Contact for pricing
    11,944 sqft

    Mixed-use property with retail space and multifamily units in Boise.

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    Permit-Ready 40-Unit Apartment Project
    Permit-Ready 40-Unit Apartment Project

    3515 W State St, Boise, ID 83703

    $1,990,000

    Fully approved 40-unit apartment project, ready for construction.

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    Multifamily Property in Boise, Idaho
    Multifamily Property in Boise, Idaho

    1405 N Eldorado St, Boise, ID 83704

    Contact for pricing
    16,944 sqft

    Well-maintained 20-unit apartment complex in a rapidly expanding market.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 Active listings in Boise, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern 28-Unit Multifamily Community
    Modern 28-Unit Multifamily Community

    324 NE 3rd St., Meridian, ID 83642

    $6,950,000
    28,238 sqft

    2018-built 28-unit property with in-unit laundry, abundant parking, and a common clubhouse on a multi-parcel plat.

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    New Apartment Complex with Amenities
    New Apartment Complex with Amenities

    3126 E Victory Rd. - Phase One, Nampa, ID 83687

    $33,961,286
    1,115,284 sqft 14.16 AC lot

    Brand-new 120-unit apartment complex slated to start construction in April 2026, offering resident amenities and parking.

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    24-Unit Apartment Building
    24-Unit Apartment Building

    3126 E Victory Rd. - 24 Units, Nampa, ID 83687

    $6,801,112
    22,086 sqft 14.16 AC lot

    Twenty-four units offered within a larger multi-building apartment project featuring community amenities and phased construction.

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    Meridian Development Opportunity Near Village
    Meridian Development Opportunity Near Village

    1625 E. Bentley Dr., Meridian, ID 83642

    $1,650,000
    260,000 sqft 2.50 AC lot

    2.5-acre commercial land suitable for multifamily or commercial development.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

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    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

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    Off-Market Properties in Boise, ID

    Consider similar Off-Market properties in Boise, ID. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2661 Maple Grove Rd
    Multifamily properties

    2661 Maple Grove Rd, Boise, ID 83704

    Value Estimation by Request
    View details
    10188 Utahna Rd
    Multifamily properties

    10188 Utahna Rd, Boise, ID 83714

    Value Estimation by Request
    1.19 AC lot
    View details
    597 Maple Grove Rd
    Multifamily properties

    597 Maple Grove Rd, Boise, ID 83704

    Value Estimation by Request
    View details
    5102 State St
    Multifamily properties

    5102 State St, Boise, ID 83703

    Value Estimation by Request
    32,624 sqft 1.78 AC lot
    View details

    Boise, ID Apartment Buildings Market Trends and Statistics

    Explore 11 apartment buildings for sale in Boise, ID, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 37,890 square feet of properties for sale, with an estimated market value of $9,075,000.

    Sale prices for two-family homes in Boise, ID start at $1,200,000, averaging $2,268,750, and reaching up to $3,475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 293K
    Population Growth (5Y) +6.7%
    Median Household Income $84,200
    College Educated 19.8%

    High-Yield Neighborhoods for Investment

    Identify Boise submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    83702 $1.2M
    83709 $1.7M
    83703 $2M
    83705 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.73%
    Property Tax per SF $3.18 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ada County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ada County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Boise fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Boise, ID

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