Residential Income Corner
1519 W Jefferson St Boise, ID 83702
1519 W Jefferson St, Boise, ID, 83702
$1,198,000
Pending
For Sale
$1,198,000
Pending
MULTI_FAMILY - Boise, ID
Property Size4,103 SF
Lot Size0.14 Acres
Days on Market72
Property Features for 1519 W Jefferson St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4
- Parking
- 1
- Appliances
- Disposal (Some Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Pending
- APN
- R1013008061
- Size
- 4,103 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- See Attached Exhibit A
- Tax Annual Amount
- 10161
Utilities
- Heating system
- Forced Air, Natural Gas, Radiant
- Cooling system
- Central Air
Building Details
- Year built
- 1904
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Metal
Listing Agency
Keller Williams Realty Boise
(208) 672-9000
1065 S Allante, Boise, ID
Listed by
Lysi Bishop · License #SP20072
(208) 870-8292
Added: May 11 Updated: Jul 13 at 2:37 pm Checked: Jul 21 at 5:06 am
MLS# 98985797
Listing URL
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property offers a flexible setup with two living areas, including a private garden-level suite, along with an elevated wraparound porch and landscaped, flowering gardens. The home is positioned on a corner lot and is presented as a strong fit for short-term rental use or live/work flexibility.
Located at 1519 W Jefferson St in Boise, the property is described as being where the North End meets downtown. The City of Boise MX-5 zoning is noted in the listing materials as a key part of the property’s versatility.
The property is listed with approximately 4,103 square feet of building area and a 0.14-acre lot size, aligning with an income-producing residential investment and owner-occupant options.
Located at 1519 W Jefferson St in Boise, the property is described as being where the North End meets downtown. The City of Boise MX-5 zoning is noted in the listing materials as a key part of the property’s versatility.
The property is listed with approximately 4,103 square feet of building area and a 0.14-acre lot size, aligning with an income-producing residential investment and owner-occupant options.
Key Highlights
- Built in 1904 (historic‑style home) with frame construction and a metal roof
- Central air cooling plus forced‑air, natural gas heat and radiant heating
- Corner lot where the North End meets downtown (as described in the listing)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.4k | $17.40 |
| − Vacancy | −$742 | −$0.18 |
| EGI | $70.6k | $17.22 |
| − OpEx | −$21.2k | −$5.17 |
| NOI | $49.5k | $12.05 |
4,103 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$706.5K
$618.2K – $824.3K
NOI $49,455 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$616.0K
$539.0K – $718.7K
NOI $43,123 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.13M
$991.5K – $1.32M
NOI $79,319 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex-style residential income property on a corner lot with MX-5 zoning in Boise.
Where is this duplex located?
The property is located at 1519 W Jefferson St Boise, ID.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Built in 1904 (historic‑style home) with frame construction and a metal roof; Central air cooling plus forced‑air, natural gas heat and radiant heating; Corner lot where the North End meets downtown (as described in the listing)
