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Duplex with Private Backyard

1510 W Hale Boise, ID 83706

1510 W Hale, Boise, ID, 83706
$562,000
For Sale
$562,000

Two-unit duplex offers separate living spaces, fenced backyard, and four dedicated parking spaces.

Property Size1,422 SF
Price / SF$395.22
Days on Market35

Property Features for 1510 W Hale

General Information

Standard status
Active
Size
1,422 SF
Property subtype
Duplex

Building Details

Year Built
1940
Listing agency Homes of Idaho
Listed by Jeffrey Wills · License #AB39350
Source Thgboise
Added: Jun 17 Updated: Jul 21 at 7:29AM Checked: Jul 21 at 7:29AM

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 Homes of Idaho


Investment Insights

Based on property information with market context.

This duplex includes two separate units: a spacious 3 bedroom, 1 bathroom unit with an attached 1-car garage, and a 1 bedroom, 1 bathroom unit. Both units feature mini-split heating and cooling systems, stackable washer and dryer sets, and refrigerators.

A fully fenced private backyard provides outdoor space, and there is an additional storage building on site. The property also includes four dedicated parking spaces, with abundant street parking available.

The home is described as located just blocks from Boise State University and minutes from Downtown Boise, with easy access to the Boise River.

Key Highlights

  • Duplex built in 1940 with two separate units for investment, owner occupancy, or multigenerational living
  • 3 bed, 1 bath unit includes an attached 1‑car garage; second unit is 1 bed, 1 bath
  • Both units have mini split heating and cooling, stackable washer/dryer, and refrigerators

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 $24.7k $17.40
− Vacancy −$257 −$0.18
EGI $24.5k $17.22
− OpEx −$7.3k −$5.17
NOI $17.1k $12.05
1,422 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$244.9K
$214.3K – $285.7K (±1% cap)
NOI $17,140 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$213.5K
$186.8K – $249.1K (±1% cap)
NOI $14,945 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$392.7K
$343.6K – $458.2K (±1% cap)
NOI $27,490 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Home Appliance Store Catering Service Nursing Home Nursing Home Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex offers separate living spaces, fenced backyard, and four dedicated parking spaces.
Where is this duplex located?
The property is located at 1510 W Hale Boise, ID.
What is the asking price?
The asking price for this property is $562,000.
What are key features of this property?
This property features: Duplex built in 1940 with two separate units for investment, owner occupancy, or multigenerational living; 3 bed, 1 bath unit includes an attached 1‑car garage; second unit is 1 bed, 1 bath; Both units have mini split heating and cooling, stackable washer/dryer, and refrigerators
Contact an agent
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