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4-Unit Brick Quadplex
New
For Sale
$799,000

1000 N 11th, Boise, ID 83702

Residential Income, Boise, ID

Property Size2,784 SF
Price / SF$286
Days on Market2

Property Features for 1000 N 11th

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 2
Parking 4
Appliances Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Subdivision Arnolds Add
Lot features Standard Lot 6000-9999 S F
Elementary school Longfellow
Middle school North Jr
High school Boise
Elementary school district Boise School District #1
Middle school district Boise School District #1
High school district Boise School District #1
Directions Fort, North on 10th, W on O'Farrell. Corner of 11th and O'Farrell
Standard status Active
APN R0518000420
Size 2,784 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Par #0420 of Blk 7 Arnolds
Tax Annual Amount 7716
Legal Description Par #0420 of Blk 7 Arnolds

Utilities

Heating system Electric (Heating)

Building Details

Year built 1941
Number of units 4
Building materials Brick
Roof type Composition
Listing Agency: Keller Williams Realty Boise
Listed By: Lynn Bradescu · License #SP33134
Added: Oct 22 Last Checked: Oct 23 at 3:06AM
MLS# 99004365

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.

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Investment Insights

Based on property information with market context.

This 2,784-square-foot quadplex contains four residences, each with one bedroom and one bathroom. Built in 1941, the property has brick construction, a composition roof and electric heating. Each unit includes a stove/range and refrigerator; washer/dryer appliances are not present.

Four off-street parking spaces serve the property. It is in Boise’s North End, near downtown, restaurants, shopping, 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 (±1% cap)
NOI $33,556 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$418.0K
$365.8K – $487.7K (±1% cap)
NOI $29,260 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$768.9K
$672.8K – $897.0K (±1% cap)
NOI $53,820 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,280
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom, one-bath residences share a consistent layout in this Boise multifamily property.
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
More about this property
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