2505 State Street Boise, ID 83702

Listing agency TOK Commercial n***@tokcommercial.com Show Phone

Listed by Nick Schuitemaker · License #ID SP44833

Source Crexi

Added: Apr 11 Updated: Jul 21 at 2:41AM Checked: Jul 21 at 4:14AM

Report an Issue

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 TOK Commercial

---

Investment Insights

Based on property information with market context.

This historic multifamily property includes two residential buildings on a 0.32-acre lot, with three fully leased units totaling 6 bedrooms and 3 bathrooms. The offering includes ample tenant parking, and the public remarks note that current rents are well below market.

Located in Boise’s North End directly off State Street, the property is within walking distance of schools, retailers, restaurants, and bus stops, with downtown Boise just minutes away.

As presented, the configuration supports multiple ownership scenarios, including an owner-user or income-focused purchase, and the public remarks also reference a potential future development opportunity for a future owner.

Key Highlights

• Historic multi‑family property with 2 residential buildings on a 0.32‑acre lot
• 3 fully leased units totaling 6 bedrooms and 3 bathrooms
• Current rents are well below market, creating upside potential for the next owner

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $699,999

  2,512 SF

  Office Building with Rear Studio

  Versatile office and studio setup with ADA access, multiple entrances, and on-site parking for customer-friendly operations.

  5023 W Emerald Street, Boise, ID 83706

  View Details
• 

  $8,950,000

  44,283 SF

  Single-Tenant Retail Building

  Renovated single-story Dick's Sporting Goods prototype with long-term lease coverage on a major retail corridor site.

  131 N Milwaukee St, Boise, ID 83704

  View Details
• 

  $2,785,000

  19,531 SF

  Centrally Located Multi-Tenant Office Building

  Multi-tenant office building on 1.67 acres with strong visibility along Emerald Street and 100% leased in-place.

  4477 W Emerald St, Boise, ID 83706

  View Details
• 

  $2,343,000

  5,280 SF

  Net-Leased Daycare Facility

  Purpose-built 5,280 SF single-tenant daycare is offered on an NNN basis under a long-term lease with annual rent escalations.

  13013 W Persimmon Lane, Boise, ID 83713

  View Details
• 

  $599,000

  1,911 SF

  Class A Office Suite

  Modern office suite with four private offices, a conference room, break room, work room, and private restroom with shower.

  398 S 9th St Suite 250, Boise, ID 83702

  View Details
• 

  $702,000

  4,112 SF

  Duplex with Private Entrances and Garages

  Two 3-bedroom, 2-bath units with private entrances, yard space, and separate utility meters for flexible rental setups.

  790-792 S Curtis Rd, Boise, ID 83705-1807

  View Details
• 

  $2,325,600

  3,317 SF

  Valvoline NNN Lease Investment

  100% leased Valvoline property in Boise, Idaho for sale.

  3930 W State St, Boise, ID 83703

  View Details
• 

  $969,000

  2,177 SF

  Medical Office Building

  Historic two-story building offers medical reception and exam rooms on the ground floor, plus three offices and a break room upstairs.

  203 W Fort St, Boise, ID

  View Details
• 

  $899,900

  2,729 SF

  Four-Unit Residential Income Property

  Distinctive 1954 home configured as four units, including a flexible lock-off option for short-term stays or long-term rentals.

  4480 N Kitsap Way, Boise, ID 83703

  View Details
• 

  $1,750,000

  5,305 SF

  Retail Storefront Property

  For sale retail storefront commercial property in Boise with 5,305 square feet of space.

  2727 W State St, Boise, ID 83702

  View Details
• 

  $950,000

  4,464 SF

  Fourplex with Shared Outdoor Area

  Four 3-bed, 2-bath units with in-unit appliances, plus a common area featuring a playground and BBQ picnic space.

  10072 W Garverdale Ln., Boise, ID 83704

  View Details
• 

  $2,600,000

  10,000 SF

  Modern Small-Bay Industrial Building

  New construction small-bay industrial suites with private offices, restrooms, and insulated overhead doors in a light industrial park.

  2137 S. Saturn Way, Boise, ID 83709

  View Details

FAQs

What type of property is this?

Triplex - Two residential buildings with three fully leased units, featuring 6 bedrooms and 3 bathrooms.

Where is this triplex located?

The property is located at 2505 State Street Boise, ID.

What are key features of this property?

This property features: Historic multi‑family property with 2 residential buildings on a 0.32‑acre lot; 3 fully leased units totaling 6 bedrooms and 3 bathrooms; Current rents are well below market, creating upside potential for the next owner