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    4806 W Richardson St Boise, ID 83705

    For Sale
    $2,925,000

    Apartment - Boise, ID

    Type:Apartment
    Property size:
    13,254 SF
    Lot size:
    0.14 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 4806 W Richardson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    24
    Bathrooms
    16
    APN
    R5422000010
    Parking
    24
    Parking features
    Carport, Other
    Size
    13,254 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1973
    Number of units
    12
    Architectural style
    Other

    Amherst Madison Treasure Valley, LLC (208) 391-2391 [email protected]

    Listing agent Matt Bauscher (208) 391-2391

    Listing date Nov 21, 2025

    MLS# 98957499 Listing URL

    Copyright © 2025 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.

    Overview

    Boise Bench Apartment Complex

    This Boise Bench apartment complex presents an investment opportunity in the heart of Boise. The community comprises three separate parcels, each containing a fourplex, totaling 12 units with 36 bedrooms and 24 bathrooms. Located at 4800, 4806 & 4812 W. Richardson Street, Boise, the units are fully rented with tenants in place. The property includes three additional parcels that make up the common areas. The 0.14-acre lot offers long-term flexibility to sell off the fourplexes individually, and there are no HOA dues. Significant renovations have been completed, including updated kitchens, bathrooms, flooring, paint, doors, and fixtures. The kitchens feature granite counters, knotty hickory cabinets, refrigerator, stove, dishwasher, and microwave. The property also includes private backyards. The total property size is 13,254 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.241350516
    Latitude
    43.603739604

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    FAQs

    What type of property is this?
    Apartment building - Boise investment opportunity: 12 units, fully rented, renovated.
    Where is this apartment building located?
    The property is located at 4806 W Richardson St Boise, ID.
    What is the asking price?
    The asking price for this property is $2,925,000.
    What are key features of this property?
    This property features: - Fully rented 12-unit apartment complex (three 4-plexes) in Boise Bench location.; - Significant renovations including updated kitchens and bathrooms with granite counters and knotty hickory cabinets.; - Long-term flexibility to sell off the 4-plexes individually.
    (208) 391-2391
    Request Owner's contact information
    4806 W Richardson St Boise, ID 83705
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    Boise, ID 83705
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    Realmo Value Estimation

    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.

    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.

    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
    4806 W Richardson St Boise, ID 83705
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