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Duplex with Fenced Yards
New
For Sale
$499,900

2010/2012 Denver Ave., Boise, ID 83706

Two leased residences offer hardwood flooring, fireplaces, in-unit laundry, and dedicated off-street parking.

Property Size1,200 SF
Price / SF$416.58
Days on Market6

Property Features for 2010/2012 Denver Ave.

General Information

Standard status Active
Size 1,200 SF
Property subtype Duplex
Occupancy 100%

Taxes and HOA fees

Annual Taxes $3,447

Amenities

hardwood floors
fireplace
in-unit washer/dryer
fully fenced yard
2
2.00

Building Details

Year Built 1952
Tenancy Multi
Listing Agency: Keller Williams Realty Boise
Listed By: Athena Killeen · License #SP55257
Source: Clearwaterproperties
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 5 at 3:56AM

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 Keller Williams Realty Boise

Investment Insights

Based on property information with market context.

This 1,200-square-foot duplex, built in 1952, includes two one-bedroom, one-bath units. Each residence features hardwood floors, a fireplace, an in-unit washer and dryer, a fully fenced yard, and off-street parking. Gas, electric, and water are separately metered for each unit.

Located at 2010/2012 Denver Ave. in Boise, the property is near BSU, Manitou Park, and the Boise Airport. Both units are leased through Spring 2027. Capital improvements include windows installed in 2021 and a 2024 roof replacement with new soffit vents and attic insulation.

Key Highlights

  • Two‑unit duplex with 1,200 SF of total property size
  • Each unit has 1 bedroom and 1 bathroom
  • Both units leased through Spring of 2027

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 $20.9k $17.40
− Vacancy −$217 −$0.18
EGI $20.7k $17.22
− OpEx −$6.2k −$5.17
NOI $14.5k $12.05
1,200 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$206.6K
$180.8K – $241.1K (±1% cap)
NOI $14,464 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$180.2K
$157.7K – $210.2K (±1% cap)
NOI $12,612 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$331.4K
$290.0K – $386.6K (±1% cap)
NOI $23,198 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Hair Salon Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 83706, ID

34,446
Population
15,992
Households
2.2
Avg Household Size
31
Median Age
57%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
4,655
Density / Sq Mi
$81,101
Median Household Income
$33,331
Median Earnings
$1,378
Median Rent
$488,900
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?
Duplex - Two leased residences offer hardwood flooring, fireplaces, in-unit laundry, and dedicated off-street parking.
Where is this duplex located?
The property is located at 2010/2012 Denver Ave. Boise, ID.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,200 SF of total property size; Each unit has 1 bedroom and 1 bathroom; Both units leased through Spring of 2027
More about this property
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