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    Fully Rented 4-Plex Investment Title is generated by Realmo AI

    10072 W Garverdale Ln., Boise, ID 83704

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    Claim this Listing
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    For Sale
    $995,000

    MULTI_FAMILY - Boise, ID

    Property size:
    4,464 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $222/SF
    Added:
    Jun 11, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 12 at 2:06 pm

    Property Features for 10072 W Garverdale Ln.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    8
    Rooms
    Bathroom 6, Bedroom 7, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 2, Bathroom 7, Bedroom 4, Bedroom 11, Bedroom 10, Bedroom 12, Bedroom 9, Bedroom 5, Bathroom 5, Bathroom 8, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 6
    Parking
    4
    Appliances
    Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
    Standard status
    Active
    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

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Frame, Stucco
    Roof type
    Composition

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    Listing Contact
    Rita Braithwaite

    Listing agent Rita Braithwaite License #SP22657

    Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID

    Listing date Jun 11, 2026

    MLS# 98990026 Listing URL

    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.

    HighLights

    • 2006‑built frame and stucco 4‑plex in West Boise with all units fully rented (long‑term tenants)
    • Each unit includes a stove/range, refrigerator, microwave, dishwasher, and washer/dryer
    • Central air cooling and forced‑air natural gas heating
    • Vinyl flooring throughout and a composition roof
    • Shared common area with a playground and an outside BBQ/picnic area
    • Tenants pay all utilities except trash; HOA dues include trash

    Overview

    This property is a four-unit multifamily building offering 3-bedroom, 2-bath layouts across all units. Each unit includes a stove, microwave, dishwasher, refrigerator, and in-unit washer and dryer. The site also features a large common area with a playground and an outdoor BBQ/picnic area, supporting tenant shared-use space.

    Located in West Boise, the property is positioned for long-term residential occupancy, with the public remarks indicating all units are currently fully rented with long-term tenants.

    For tenants, the unit mix provides practical everyday convenience with an in-unit laundry setup and included kitchen appliances. For buyers, the current operational snapshot includes a structure where tenants are responsible for all utilities except trash, while HOA dues include trash, which can simplify budgeting compared to properties where all utilities are paid by the tenant.

    Local 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 (±1% cap)
    NOI $53,806 @ 7.0% cap · market cap 5.41%
    Second Best
    Apartment 5plus
    $670.2K
    $586.5K – $782.0K (±1% cap)
    NOI $46,917 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    Office A
    $1.23M
    $1.08M – $1.44M (±1% cap)
    NOI $86,298 @ 7.0% cap · market cap 8.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.3076962
    Latitude
    43.6207358

    FAQs

    What type of property is this?
    Quadplex - A 4-plex with four 3-bedroom, 2-bath units, each equipped with major appliances and shared outdoor recreation space.
    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 $995,000.
    What are key features of this property?
    This property features: 2006‑built frame and stucco 4‑plex in West Boise with all units fully rented (long‑term tenants); Each unit includes a stove/range, refrigerator, microwave, dishwasher, and washer/dryer; Central air cooling and forced‑air natural gas heating
    More about this property
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