Triplex with Separate
225 E 36th Street, Garden City, ID 83714
For Sale
$879,900
Residential Income, Garden City, ID
Property Size2,422 SF
Price / SF$363.29
Days on Market54
Property Features for 225 E 36th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
Group One Sotheby's Int'l Realty · Sotheby's International Realty
(208) 287-5000
Listed By:
Kim Davis · License ID AB18473
(208) 941-2288
Added: Sep 18
Changed: Nov 8
Last Checked: Nov 10 at 10:06AM
MLS# 99001299
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.
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Investment Insights
Based on property information with market context.
Built in 2018, this 2,422-square-foot property includes a three-bedroom, 2.5-bath townhome, a main-level casita with a private entrance and full bath, and a separate garage with loft flex space. The loft area has a kitchenette, full bath, washer and dryer, ductless mini-split, and its own entrance. The casita also has a ductless mini-split. Recent interior and exterior repainting and professional cleaning are reported.
The property is near the Boise River Greenbelt and Boise Whitewater Park. Restaurants, wineries, breweries, coffee shops, and shopping are also nearby. There is no HOA.
The property is near the Boise River Greenbelt and Boise Whitewater Park. Restaurants, wineries, breweries, coffee shops, and shopping are also nearby. There is no HOA.
Key Highlights
- 2,422 square feet on one parcel
- Built in 2018
- Main residence is a 3‑bedroom, 2.5‑bath townhome
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,193
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,860
$583.9K
Cap Rate 7%
$417,043
$417.0K
Cap Rate 9%
$324,367
$324.4K
Market Conditions
NOI Build-Up for 2,422 SF
Gross rent
$42.1K $17.40/SF
− Vacancy
−$438 −$0.18/SF
EGI
$41.7K $17.22/SF
− OpEx
−$12.5K −$5.17/SF
NOI
$29.2K $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%
$583,860
Cap Rate 7%
$417,043
Cap Rate 9%
$324,367
Alternative Uses
Best Use
Multifamily LT 5
$417.0K
$364.9K – $486.6K
NOI $29,193 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$363.7K
$318.2K – $424.3K
NOI $25,456 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$668.9K
$585.3K – $780.4K
NOI $46,822 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
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Business Placement
Demographics for 83714, ID
26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Ada County, ID
Properties on Market for Triplexes in Ada County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A townhome, private-entry casita, and garage loft provide distinct living and flex areas on one parcel.
Where is this triplex located?
The property is located at 225 E 36th Street Garden City, ID.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: 2,422 square feet on one parcel; Built in 2018; Main residence is a 3‑bedroom, 2.5‑bath townhome
