Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    393-399 S White Cloud Dr Boise, ID 83709

    Sponsored
    For Sale
    $949,500

    MULTI_FAMILY - Boise, ID

    Property size:
    4,464 SF
    Lot size:
    0.35 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 1 at 3:06 am

    Property Features for 393-399 S White Cloud Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 5, Bathroom 1, Bathroom 6
    Bedrooms
    7
    Bathrooms
    6
    APN
    R4548530090
    Parking
    8
    Parking features
    RV, Garage
    Appliances
    Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
    Size
    4,464 SF
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Forced Air, Baseboard, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Frame, Stucco, Metal Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Kelli Hall

    Silvercreek Realty Group (208) 377-0422

    Listing agent Kelli Hall (208) 863-6363 License #SP20329

    Listing date Feb 27, 2026

    MLS# 98976313 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.

    Learn more

    Property Insight Report

    Overview

    Boise Multifamily Investment Opportunity

    This multifamily property in Boise, Idaho, presents an investment opportunity. The building contains four units: two one-bedroom, one-bath units; one two-bedroom, one-and-a-half-bath unit with a one-car garage; and one three-bedroom, one-and-a-half-bath unit with a two-car garage. The property has been recently remodeled or updated throughout. The 0.35-acre lot includes an easy-maintenance yard and off-street parking. A 40 x 30 shop with two separate two-car garages offers potential rental income. The property is centrally located near the freeway, schools, and shopping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.2821983
    Latitude
    43.60095429

    Nearby Similar for Sale

    • New
      $509,900
      Pending

      Income Property Near Boise State

      Low-maintenance property near Boise State, leased through May 2026.
      1318 S Grant Ave, Boise, ID 83706
      View Details
    • New
      $949,900
      2,327 SF

      North End Boise Triplex

      Triplex near Hyde Park, Boise. Ideal for short-term rentals.
      1605 N 11Th St, Boise, ID 83702
      View Details
    • New
      $1,349,900
      0.30 Acres

      High-End Model Home Investment

      NNN leaseback opportunity in desirable Boise, Eagle area communities.
      13641 N Sage Grouse Pl, Boise, ID 83714
      View Details
    • New
      $1,350,000
      4,576 SF

      Four Homes in Boise

      Four homes with separate parcel numbers and addresses in Boise.
      5990 S Jessenia Ln, Boise, ID 83709
      View Details
    • New
      $900,000
      0.47 Acres

      Boise Land For Sale

      Land available in Boise, Idaho.
      10685 W Hollandale Dr, Boise, ID 83709
      View Details
    • $699,000
      1,797 SF

      Boise Office Condo For Sale

      Class A office condo in the heart of Boise's BoDo.
      314-398 South 9Th St, Boise, ID 83702
      View Details
    • Contact for pricing
      24,361 SF

      Prime Retail Center on State

      High-visibility retail center with quality co-tenants and strong traffic.
      7403 W Saxton Dr, Boise, ID 83714
      View Details
    • Contact for pricing

      Retail Space on State Street

      Retail space with excellent visibility in a dense retail area.
      7476 W State St, Boise, ID 83714
      View Details
    • Contact for pricing
      117,087 SF

      Anchored Retail Space For Sale

      Commercial space with high visibility and foot traffic, anchored by Walmart.
      3317-3485 N Cole Rd, Boise, ID 83704
      View Details
    • $895,000
      5,828 SF

      Two-Story Office Building For Sale

      Two-story office building with monument signage and ample parking.
      7911 W Ustick Rd, Boise, ID 83704
      View Details
    • Contact for pricing

      Remodeled Office Space Downtown Boise

      Newly remodeled office space in a rapidly developing downtown area.
      1655 Fairview Ave, Boise, ID 83702
      View Details
    • Contact for pricing
      70,722 SF

      Downtown Office Space For Sale

      High-quality downtown office space with street front presence and parking.
      251 E Front St, Boise, ID 83702
      View Details

    FAQs

    What type of property is this?
    Quadplex - Remodeled four-unit property with shop and garage rentals.
    Where is this quadplex located?
    The property is located at 393-399 S White Cloud Dr Boise, ID.
    What is the asking price?
    The asking price for this property is $949,500.
    What are key features of this property?
    This property features: - Four units offer **excellent investment opportunity** with potential rental income.; - **Recently remodeled/updated** throughout the entire building.; - Large 40 X 30 shop with two separate two-car garages provides **additional income potential**.
    (208) 377-0422
    Request Owner's contact information
    393-399 S White Cloud Dr Boise, ID 83709
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    393-399 S White Cloud Dr
    Boise, ID 83709
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    393-399 S White Cloud Dr Boise, ID 83709
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kelli Hall
    Real Estate License ID: SP20329
    (208) 377-0422 (208) 863-6363
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!