Fourplex with Long-Term
For Sale
$950,000
Pending
10072 W Garverdale Ln., Boise, ID 83704
All units are leased and each 3-bedroom, 2-bath residence includes major appliances and in-unit laundry.
Property Size4,464 SF
Days on Market50
Property Features for 10072 W Garverdale Ln.
General Information
Standard status
Pending
Size
4,464 SF
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Multifamily Units
4
Amenities
stove
microwave
dishwasher
refrigerator
washer
dryer
common area
playground
BBQ picnic area
Lot Features: "Small Lot 5999 SF", "Bus on City Route", "Sidewalks", Lot Size Acres: 0.08, Lot Size Area: 0.08, Lot Size Dimensions: 58x68, Lot Size Square Feet: 3484.8, Lot Size Units: Acres
Tax Annual Amount: 8515.16, Tax Legal Description: LOT 17 BLK 01 O'NEAL SUB, Tax Year: 2025
Flooring: Vinyl
Gross Income: 67400, Gross Scheduled Income: 6400, Net Operating Income: 49551
Cooling: "Central Air", "All Units", Cooling YN: t
Heating: "Forced Air", "Natural Gas", Heating YN: t
Laundry Features: Washer/Dryer Hookups (All Units)
Listing Id: 98990026, Listing Service: Full Service, Listing Terms: "Cash", "Conventional", List Price: 950000, Mls Status: Pending, Number Of Units Total: 4, Standard Status: Pending, Total Actual Rent: 5625
Parking Total: 4
Elementary School: Ustick, Elementary School District: Boise School District #1, High School: Centennial, High School District: Boise School District #1, Middle Or Junior School: Lewis and Clark, Middle Or Junior School District: Boise School District #1
Bedrooms Total: 12
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 4464, Building Area Units: Square Feet, Construction Materials: "Frame", "Stucco", Living Area: 4464, Living Area Units: Square Feet, Year Built: 2006
Maintenance Expense: 10842, Manager Expense: 4023, Operating Expense: 17849, Other Expense: 2640
City: Boise, Coordinates: "-116.30769624", "43.62073583", Country: US, County Or Parish: Ada, Directions: Between Mitchell and Five Mile off of Fairview. Turn N. on Hampton, E. on Garverdale, Latitude: 43.62073583, Longitude: -116.30769624, Postal Code: 83704, State Or Province: ID, Street Dir Prefix: W, Street Name: Garverdale Ln., Street Number: 10072, Street Number Numeric: 10072, Subdivision Name: O'neal, Unparsed Address: 10072 W Garverdale Ln., Boise ID 83704
Current Use: 2-4 Units, Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: R6558140170, Property Sub Type: Quadruplex, Property Type: Residential Income
Bathrooms Total Integer: 8
Electric: "Unit 1 Separate Meter", "Unit 2 Separate Meter", "Unit 3 Separate Meter", "Unit 4 Separate Meter", Gas: "Unit 1 Separate Meter", "Unit 2 Separate Meter", "Unit 3 Separate Meter", "Unit 4 Separate Meter", Utilities: "Sewer Connected", "Cable Connected"
Irrigation Source: Irrigation District: Yes, Water Source: City Service
Appliances: "Disposal (All Units)", "Stove/Range (All Units)", "Refrigerator (All Units)", "Washer/Dryer (All Units)"
Association Fee: 220, Association Fee Frequency: Monthly
Building Details
Year Built
2006
Tenancy
Multi
Listing Agency:
Silvercreek Realty Group
(208) 484-2468
Listed By:
Rita Braithwaite · License #SP22657
(208) 484-2468
Source:
Thgboise
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 30 at 5:26AM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This fourplex features four 3-bedroom, 2-bath units, each equipped with a stove, microwave, dishwasher, and refrigerator, along with a washer and dryer. The property also offers a large shared common area with a playground and an outdoor BBQ/picnic area. Tenant utility responsibility is stated for all utilities except trash, and HOA dues of $220 per month include trash. An HOA transfer fee of $150 is noted.
The property is located in West Boise at 10072 W Garverdale Ln., Boise, ID 83704. Public remarks indicate an established rental history with all units fully rented to long-term tenants.
Ownership includes the shared amenities described, with the utility and trash arrangement administered through the HOA as noted in the remarks.
The property is located in West Boise at 10072 W Garverdale Ln., Boise, ID 83704. Public remarks indicate an established rental history with all units fully rented to long-term tenants.
Ownership includes the shared amenities described, with the utility and trash arrangement administered through the HOA as noted in the remarks.
Key Highlights
- 2006‑built 4‑plex in West Boise
- All units are fully rented with long‑term tenants
- Each unit has 3 bedrooms and 2 bathrooms
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 | $77.7k | $17.40 |
| − Vacancy | −$808 | −$0.18 |
| EGI | $76.9k | $17.22 |
| − OpEx | −$23.1k | −$5.17 |
| NOI | $53.8k | $12.05 |
4,464 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$768.7K
$672.6K – $896.8K
NOI $53,806 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$670.2K
$586.5K – $782.0K
NOI $46,917 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,298 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 83704, ID
42,430
Population
17,776
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
4,822
Density / Sq Mi
$70,806
Median Household Income
$37,201
Median Earnings
$1,363
Median Rent
$354,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - All units are leased and each 3-bedroom, 2-bath residence includes major appliances and in-unit laundry.
Where is this quadplex located?
The property is located at 10072 W Garverdale Ln. Boise, ID.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2006‑built 4‑plex in West Boise; All units are fully rented with long‑term tenants; Each unit has 3 bedrooms and 2 bathrooms
