Duplex with Separate
1302 / 1304 S Manitou Ave Boise, ID 83706
1302 / 1304 S Manitou Ave, Boise, ID, 83706
$898,000
Pending
For Sale
$898,000
Pending
Well-maintained duplex with two bedrooms, two bathrooms, two-car garages, separate entrances, and outdoor patios.
Property Size2,472 SF
Days on Market14
Property Features for 1302 / 1304 S Manitou Ave
General Information
- Standard status
- Pending
- Size
- 2,472 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2002
Listing agency
Silvercreek Realty Group
(208) 939-5151
Listed by
Ryan Wallace · License #SP44974
Source
Clearwaterproperties
Added: Jul 9 Updated: Jul 21 at 3:38PM Checked: Jul 21 at 3:38PM
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 well-maintained duplex offers two separate units, each featuring two bedrooms and two bathrooms, an open-concept main level with large windows, and a two-car garage. Both units have separate entrances, plus a private balcony for the upstairs level. Additional in-unit features include a built-in laundry area and a versatile desk space upstairs, while each unit also includes a fully fenced side yard and a separate patio.
The property has been consistently maintained with updates including HVAC systems, gutters, and exterior paint, along with additional improvements such as appliances, flooring, and interior paint completed within the past five years. It is located about two blocks from Boise State University, within walking distance to the Boise Greenbelt and nearby retail at Broadway Albertsons and Market Street, with downtown Boise minutes away.
Each unit’s configuration supports independent day-to-day use, with separate garages, entrances, and outdoor space.
The property has been consistently maintained with updates including HVAC systems, gutters, and exterior paint, along with additional improvements such as appliances, flooring, and interior paint completed within the past five years. It is located about two blocks from Boise State University, within walking distance to the Boise Greenbelt and nearby retail at Broadway Albertsons and Market Street, with downtown Boise minutes away.
Each unit’s configuration supports independent day-to-day use, with separate garages, entrances, and outdoor space.
Key Highlights
- Well‑maintained duplex built in 2002 with 4 bedrooms and 4.00 bathrooms total
- Each unit offers 2 bedrooms, 2 bathrooms, a two‑car attached garage, and separate entrances
- Upstairs features built‑in laundry area and desk space, plus a private balcony
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 | $43.0k | $17.40 |
| − Vacancy | −$447 | −$0.18 |
| EGI | $42.6k | $17.22 |
| − OpEx | −$12.8k | −$5.17 |
| NOI | $29.8k | $12.05 |
2,472 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$425.7K
$372.5K – $496.6K
NOI $29,796 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$371.2K
$324.8K – $433.0K
NOI $25,981 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$682.7K
$597.4K – $796.5K
NOI $47,789 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two bedrooms, two bathrooms, two-car garages, separate entrances, and outdoor patios.
Where is this duplex located?
The property is located at 1302 / 1304 S Manitou Ave Boise, ID.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 2002 with 4 bedrooms and 4.00 bathrooms total; Each unit offers 2 bedrooms, 2 bathrooms, a two‑car attached garage, and separate entrances; Upstairs features built‑in laundry area and desk space, plus a private balcony
