Fourplex with Off-Street
New
For Sale
$799,000
Pending
1000 N 11th, Boise, ID 83702
Four one-bedroom residences are paired with dedicated parking and a Boise address near downtown.
Property Size2,784 SF
Days on Market7
Property Features for 1000 N 11th
General Information
Standard status
Pending
Size
2,784 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Site & Location
Neighborhood
North End
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Amenities
Lot Features: Standard Lot 6000-9999 SF, Lot Size Units: Acres
Fencing: Partial, Wood
Tax Annual Amount: 7716, Tax Legal Description: Par #0420 of Blk 7 Arnolds, Tax Year: 2025
Gross Scheduled Income: 4975
Heating: Electric, Heating YN: t
Listing Id: 99004365, Listing Service: Full Service, Listing Terms: Cash, Conventional, 1031 Exchange, List Price: 799000, Mls Status: Pending, Number Of Units Total: 4, Standard Status: Pending, Total Actual Rent: 3300
Parking Total: 4
Elementary School: Longfellow, Elementary School District: Boise School District #1, High School: Boise, High School District: Boise School District #1, Middle Or Junior School: North Jr, Middle Or Junior School District: Boise School District #1
Bedrooms Total: 4
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 2784, Building Area Units: Square Feet, Construction Materials: Brick, Living Area: 2784, Living Area Units: Square Feet, Year Built: 1941
City: Boise, Coordinates: -116.200731, 43.625013, Country: US, County Or Parish: Ada, Directions: Fort, North on 10th, W on O'Farrell. Corner of 11th and O'Farrell, Latitude: 43.625013, Longitude: -116.200731, Postal Code: 83702, State Or Province: ID, Street Dir Prefix: N, Street Name: 11th, Street Number: 1000, Street Number Numeric: 1000, Subdivision Name: Arnolds Add, Unparsed Address: 1000 N 11th, Boise ID 83702
Current Use: 2-4 Units, Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: R0518000420, Property Sub Type: Quadruplex, Property Type: Residential Income
Bathrooms Total Integer: 4
Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Utilities: Sewer Connected
Irrigation Source: Irrigation District: No, Water Source: City Service
Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Building Details
Year Built
1941
Listing Agency:
Keller Williams Realty Boise
(208) 672-9000
Listed By:
Lynn Bradescu · License #SP33134
(208) 949-7133
Source:
Thgboise
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 28 at 7:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Boise
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Investment Insights
Based on property information with market context.
This 1941 Boise fourplex contains four one-bedroom, one-bathroom residences within 2,784 square feet. Four dedicated off-street parking spaces serve the property.
The building is at 1000 11th in Boise, near downtown and the North End’s restaurants, shops, parks, and neighborhood amenities.
The building is at 1000 11th in Boise, near downtown and the North End’s restaurants, shops, parks, and neighborhood amenities.
Key Highlights
- Four one‑bedroom, one‑bathroom residences
- 2,784 square feet
- Four dedicated off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,556
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,120
$671.1K
Cap Rate 7%
$479,371
$479.4K
Cap Rate 9%
$372,844
$372.8K
Market Conditions
NOI Build-Up for 2,784 SF
Gross rent
$48.4K $17.40/SF
− Vacancy
−$504 −$0.18/SF
EGI
$47.9K $17.22/SF
− OpEx
−$14.4K −$5.17/SF
NOI
$33.6K $12.05/SF
Area
Ada County, ID
Vacancy
1.04%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,120
Cap Rate 7%
$479,371
Cap Rate 9%
$372,844
Alternative Uses
Best Use
Multifamily LT 5
$479.4K
$419.5K – $559.3K
NOI $33,556 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$418.0K
$365.8K – $487.7K
NOI $29,260 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$768.9K
$672.8K – $897.0K
NOI $53,820 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,280
Businesses Nearby
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Business Placement
Demographics for 83702, ID
23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences are paired with dedicated parking and a Boise address near downtown.
Where is this quadplex located?
The property is located at 1000 N 11th Boise, ID.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom residences; 2,784 square feet; Four dedicated off‑street parking spaces
