Four-Plex Residential Income
For Sale
$950,000
Pending
10072 W Garverdale Ln., Boise, ID 83704
MULTI_FAMILY - Boise, ID
Property Size4,464 SF
Lot Size0.08 Acres
Days on Market50
Property Features for 10072 W Garverdale Ln.
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 10, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 1, Bathroom 8, Bedroom 9, Bathroom 2, Bedroom 5, Bedroom 12, Bedroom 3, Bedroom 11, Bedroom 8, Bedroom 6, Bathroom 7, Bedroom 2, Bathroom 6, Bedroom 7, Bathroom 1
Parking
4
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
O'neal
Lot features
Small Lot 5999 S F, Bus on City Route, Sidewalks
Elementary school
Ustick
Middle school
Lewis and Clark
High school
Centennial
Elementary school district
Boise School District #1
Middle school district
Boise School District #1
High school district
Boise School District #1
Directions
Between Mitchell and Five Mile off of Fairview. Turn N. on Hampton, E. on Garverdale
Standard status
Pending
APN
R6558140170
Size
4,464 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 17 BLK 01 O'NEAL SUB
Tax Annual Amount
8515
HOA Fee
$220 Monthly
Legal Description
LOT 17 BLK 01 O'NEAL SUB
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
large common area
playground
outside BBQ picnic area
Building Details
Year built
2006
Number of units
4
Flooring type
Vinyl
Building materials
Frame, Stucco
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Rita Braithwaite · License #SP22657
(208) 484-2468
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 30 at 1:06PM
MLS# 98990026
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.
Investment Insights
Based on property information with market context.
This four-plex residential income property features four units, each with three bedrooms and two bathrooms. Each unit includes a stove, microwave, dishwasher, refrigerator, and washer and dryer. The building also offers a large common area with a playground and an outside BBQ/picnic area.
Tenants are responsible for all utilities except trash. HOA dues are $220 per month and include trash, and there is a $150 HOA transfer fee.
The property is located at 10072 W Garverdale Ln., Boise, ID 83704.
Tenants are responsible for all utilities except trash. HOA dues are $220 per month and include trash, and there is a $150 HOA transfer fee.
The property is located at 10072 W Garverdale Ln., Boise, ID 83704.
Key Highlights
- 4‑plex in West Boise with all units fully rented with long‑term tenants
- Each unit features 3 bedrooms and 2 bathrooms
- Appliances in all units include stove/range, refrigerator, washer/dryer, and dishwasher
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
Property Profile
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 - Four fully rented units, each with in-unit laundry, plus shared common and outdoor BBQ/picnic area.
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: 4‑plex in West Boise with all units fully rented with long‑term tenants; Each unit features 3 bedrooms and 2 bathrooms; Appliances in all units include stove/range, refrigerator, washer/dryer, and dishwasher