Historic Triplex with Off-Street
1605 N 11th St Boise, ID 83702
1605 N 11th St, Boise, ID, 83702
$949,900
For Sale
$949,900
MULTI_FAMILY - Boise, ID
Property Size2,327 SF
Price / SF$408.21
Days on Market97
Property Features for 1605 N 11th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 3
- Parking
- 4
- Fireplace
- 1
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
- Standard status
- Active
- APN
- R3826000540
- Size
- 2,327 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 7 & 8 BLK 9 HYDE PARK ADD
- Tax Annual Amount
- 5949
Utilities
- Heating system
- Baseboard, Forced Air, Fireplace(s), Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Number of units
- 3
- Building materials
- Stucco, Wood Siding
- Roof type
- Composition
Listing Agency
Keller Williams Realty Boise
(208) 672-9000
1065 S Allante, Boise, ID
Listed by
Donny Heck · License #SP35339
(208) 631-7444
Added: Apr 16 Updated: Jul 13 at 2:38 pm Checked: Jul 21 at 5:06 am
MLS# 98982414
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 historic triplex offers three residential units with classic interior character. The main-floor unit is a 1-bedroom, 1-bath layout with a large living space, hardwood floors, original built-ins, a brick fireplace, and a full kitchen. The second-floor apartment includes 2 bedrooms and 1 bathroom, along with a full kitchen and an in-unit washer/dryer. The basement apartment also features 2 bedrooms and 1 bathroom, a full kitchen, and in-unit washer/dryer. A fenced backyard provides outdoor space, garden area, off-street parking, and a storage shed.
The property is located two blocks from Hyde Park in Boise’s North End. Camel’s Back Park is about three blocks away, and the area provides walkable access to cafes, restaurants, and shops, with downtown and the Greenbelt described as a quick bike ride away.
Off-street parking and a storage shed complement the functional multi-unit configuration, which is currently operated as a short-term rental with a reported strong income history and may also work for long-term tenants.
The property is located two blocks from Hyde Park in Boise’s North End. Camel’s Back Park is about three blocks away, and the area provides walkable access to cafes, restaurants, and shops, with downtown and the Greenbelt described as a quick bike ride away.
Off-street parking and a storage shed complement the functional multi-unit configuration, which is currently operated as a short-term rental with a reported strong income history and may also work for long-term tenants.
Key Highlights
- Historic triplex built in 1910 with stucco and wood siding
- Unit amenities include disposal, stove/range, and refrigerator in all units
- Central air plus natural gas heating with baseboard, forced air, and fireplace(s)
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 | $40.5k | $17.40 |
| − Vacancy | −$421 | −$0.18 |
| EGI | $40.1k | $17.22 |
| − OpEx | −$12.0k | −$5.17 |
| NOI | $28.0k | $12.05 |
2,327 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.7K
$350.6K – $467.5K
NOI $28,048 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$349.4K
$305.7K – $407.6K
NOI $24,457 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$642.7K
$562.3K – $749.8K
NOI $44,986 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hyde Park Mainstay
Vacation Rental
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Historic triplex featuring three units, in-unit laundry in two, and a fenced backyard with off-street parking.
Where is this triplex located?
The property is located at 1605 N 11th St Boise, ID.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Historic triplex built in 1910 with stucco and wood siding; Unit amenities include disposal, stove/range, and refrigerator in all units; Central air plus natural gas heating with baseboard, forced air, and fireplace(s)
