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Turnkey Duplex with Private Patios
For Sale
$670,000
Pending

1009 N Stilson Rd, Boise, ID 83703

Well-maintained duplex units feature gas fireplaces, private patios, and a half bath on the main level.

Property Size2,592 SF
Days on Market15

Property Features for 1009 N Stilson Rd

General Information

Standard status Pending
Size 2,592 SF
Total Parking Spaces 4
Property subtype Duplex

Additional Details

Multifamily Units 2

Amenities

gas fireplace
private patio
storage garage

Building Details

Year Built 1993
Listing Agency: Silvercreek Realty Group
Listed By: Launee Wolverton · License #SP41187
Source: Clearwaterproperties
Added: Jul 17 Changed: Jul 21 Last Checked: Jul 30 at 9:10AM

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 turnkey duplex includes two well-maintained units, each with a cozy gas fireplace, a small private patio, and a convenient half bath on the main level. The property also provides a storage garage and four dedicated parking spaces, supporting everyday tenant needs.

Set near the Greenbelt, the duplex is minutes from downtown Boise and the Boise Foothills. Public remarks also note proximity to a future professional soccer complex scheduled for completion this fall.

Additional highlights include a newer roof and overall ready-to-rent condition.

Key Highlights

  • 1993‑built duplex with 6 total bedrooms and 6 total bathrooms
  • Each unit includes a cozy gas fireplace, a small private patio, and a half bath on the main level
  • Includes a storage garage plus 4 dedicated parking spaces

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 $45.1k $17.40
− Vacancy −$469 −$0.18
EGI $44.6k $17.22
− OpEx −$13.4k −$5.17
NOI $31.2k $12.05
2,592 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$446.3K
$390.5K – $520.7K (±1% cap)
NOI $31,242 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$389.2K
$340.5K – $454.0K (±1% cap)
NOI $27,242 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$715.8K
$626.4K – $835.2K (±1% cap)
NOI $50,109 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Pharmacy HVAC Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby

Demographics for 83703, ID

18,163
Population
7,971
Households
2.3
Avg Household Size
40
Median Age
54%
College-Educated
97%
High-School Grad
8.1 sq mi
ZIP Area
2,242
Density / Sq Mi
$74,415
Median Household Income
$41,938
Median Earnings
$1,336
Median Rent
$477,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex units feature gas fireplaces, private patios, and a half bath on the main level.
Where is this duplex located?
The property is located at 1009 N Stilson Rd Boise, ID.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 1993‑built duplex with 6 total bedrooms and 6 total bathrooms; Each unit includes a cozy gas fireplace, a small private patio, and a half bath on the main level; Includes a storage garage plus 4 dedicated parking spaces
More about this property
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