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Duplex with In-Unit Washer/Dryer
For Sale
$499,900

2010/2012 S Denver Ave., Boise, ID 83706

MULTI_FAMILY - Boise, ID

Property Size1,200 SF
Lot Size0.15 Acres
Price / SF$416.58
Days on Market23

Property Features for 2010/2012 S Denver Ave.

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking 6
Fireplace 1
Appliances Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision Dundee
Lot features Standard Lot 6000-9999 S F, Bus on City Route, Garden, Irrigation
Elementary school Garfield
Middle school East Jr
High school Timberline
Elementary school district Boise School District #1
Middle school district Boise School District #1
High school district Boise School District #1
Directions South on Broadway Ave., West on Chamberlin, South on Denver
Standard status Active
APN R1955020760
Size 1,200 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PAR #0760 OF BLK 23 DUNDEE 3RD SUB
Tax Annual Amount 3448
Legal Description PAR #0760 OF BLK 23 DUNDEE 3RD SUB

Utilities

Heating system Fireplace(s), Natural Gas, Wall Furnace, Forced Air
Cooling system Window Unit(s), Wall/Window Unit(s)

Amenities

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

Building Details

Year built 1952
Number of units 2
Building materials Brick
Roof type Composition
Listing Agency: Keller Williams Realty Boise
Listed By: Athena Killeen · License #SP55257
Added: Jul 15 Changed: Aug 2 Last Checked: Aug 6 at 7:06AM
MLS# 98994066

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick duplex in Boise offers two 1-bedroom, 1-bath units. Each unit includes hardwood floors and a fireplace, plus in-unit washer/dryer and a fully fenced yard. Off-street parking supports day-to-day access, and gas, electric, and water are metered separately for each unit. The home was built in 1952 and features wall furnaces and forced air heating, with window or wall/window cooling units.

Recent exterior improvements include new windows installed in 2021. The roof was updated with new roof, soffit vents, and attic insulation completed in 2024. The property is located in SE Boise near BSU, Manitou Park, and the Boise Airport.

Both units are currently leased through Spring of 2027. The property totals 0.15 acres and approximately 1,200 square feet.

Key Highlights

  • Two 1‑bedroom, 1‑bath units with hardwood floors, fireplace, and in‑unit washer/dryer
  • Fully fenced yards and off‑street parking for each unit
  • Gas, electric, and water are metered separately

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

797
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two 1-bed, 1-bath units with in-unit washer/dryer, fully fenced yards, and off-street parking; utilities are metered separately.
Where is this duplex located?
The property is located at 2010/2012 S 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 1‑bedroom, 1‑bath units with hardwood floors, fireplace, and in‑unit washer/dryer; Fully fenced yards and off‑street parking for each unit; Gas, electric, and water are metered separately
More about this property
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