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Four-Plex Residential Income Property
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
Listed By: Rita Braithwaite · License #SP22657
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.

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 (±1% cap)
NOI $53,806 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$670.2K
$586.5K – $782.0K (±1% cap)
NOI $46,917 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,298 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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
More about this property
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