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Duplex with Central Air
For Sale
$684,000

2221 & 2223 S Pacific St, Boise, ID 83705

Residential Income, Boise, ID

Property Size2,834 SF
Lot Size0.17 Acres
Price / SF$241.35
Days on Market106

Property Features for 2221 & 2223 S Pacific St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description City of Boise-R-1C
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bathroom 1, Bathroom 6, Bathroom 5, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 4
Parking 2
Parking features Driveway
Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision Home Acrs S Ada
Lot features Standard Lot 6000-9999 S F
Elementary school Whitney
Middle school South Boise Jr
High school Borah
Elementary school district Boise School District #1
Middle school district Boise School District #1
High school district Boise School District #1
Directions N on Overland, L on W Targee St, R on S Pacific, property on R
Standard status Active
APN R3719170738
Size 2,834 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PAR #0738 @ N & W SIDE OF LOT 16 BLK 3 HOME ACRES SUB NO 17 PARCEL B R/S 5539 #0740-S
Tax Annual Amount 5911
Legal Description PAR #0738 @ N & W SIDE OF LOT 16 BLK 3 HOME ACRES SUB NO 17 PARCEL B R/S 5539 #0740-S

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 2002
Number of units 2
Flooring type Vinyl
Building materials Frame
Roof type Composition
Listing Agency: Premier Group Realty West
Listed By: Christine Tyler · License #SP10997
Added: Jun 22 Changed: Sep 27 Last Checked: Oct 5 at 10:06PM
MLS# 98991203

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 2002 duplex contains 2,834 square feet on a 0.17-acre lot. The frame construction includes vinyl flooring, composition roofing, forced-air natural-gas heat, and central air conditioning. Kitchens in the residences feature extensive cabinetry, a breakfast bar, pantry storage, disposal, stove/range, refrigerator, and washer/dryer appliances. Bathroom features include a primary bath with a shower and double sinks, along with additional baths offering shower-and-tub combinations.

The property is located near BSU, St Lukes, and the airport. Both units have established rental history and are described as clean and well kept. Driveway parking is provided, and the property is identified by the addresses 2221 and 2223 S Pacific St in Boise, Idaho.

Key Highlights

  • 2,834‑square‑foot duplex on 0.17 acres
  • Built in 2002 with frame construction and composition roofing
  • Central air conditioning and forced‑air natural‑gas heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,159
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,180 $683.2K
Cap Rate 7%
$487,986 $488.0K
Cap Rate 9%
$379,544 $379.5K
Market Conditions
NOI Build-Up for 2,834 SF
Gross rent
$49.3K $17.40/SF
− Vacancy
−$513 −$0.18/SF
EGI
$48.8K $17.22/SF
− OpEx
−$14.6K −$5.17/SF
NOI
$34.2K $12.05/SF
Area
Ada County, ID
Vacancy
1.04%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,180
Cap Rate 7%
$487,986
Cap Rate 9%
$379,544

Alternative Uses

Best Use
Multifamily LT 5
$488.0K
$427.0K – $569.3K (±1% cap)
NOI $34,159 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$425.5K
$372.3K – $496.4K (±1% cap)
NOI $29,786 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$782.7K
$684.8K – $913.1K (±1% cap)
NOI $54,787 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Computer & Electronic Repair Electrical Service HVAC Service Catering Service (Bike/Boat/Book/etc) 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby

Demographics for 83705, ID

27,756
Population
13,228
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
1,713
Density / Sq Mi
$62,605
Median Household Income
$37,283
Median Earnings
$1,166
Median Rent
$378,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences include complete appliance packages and driveway parking.
Where is this duplex located?
The property is located at 2221 & 2223 S Pacific St Boise, ID.
What is the asking price?
The asking price for this property is $684,000.
What are key features of this property?
This property features: 2,834‑square‑foot duplex on 0.17 acres; Built in 2002 with frame construction and composition roofing; Central air conditioning and forced‑air natural‑gas heating
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