Three-Unit Residential Income
225 E 36th Street Garden City, ID 83714
225 E 36th Street, Garden City, ID, 83714
$940,000
For Sale
$940,000
MULTI_FAMILY - Garden City, ID
Property Size2,422 SF
Price / SF$388.11
Days on Market94
Property Features for 225 E 36th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 5
- Parking
- 2
- Appliances
- Disposal (Some Units), Stove/Range (Some Units), Refrigerator (All Units), Washer/Dryer (Some Units)
- Standard status
- Active
- APN
- R2734540335
- Size
- 2,422 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PAR #0335 OF LOTS 29-30 BLK 28 FAIRVIEW ACRES SUB NO 5 PARCEL B ROS 10544 #0331-B #03110-S
- Tax Annual Amount
- 7304
Utilities
- Heating system
- Natural Gas, Ductless (Heating), Electric (Heating), Forced Air
- Cooling system
- Ductless, Zoned, Central Air
Building Details
- Year built
- 2018
- Number of units
- 3
- Building materials
- Synthetic, HardiPlank Type
- Roof type
- Composition
Listing Agency
Group One Sotheby's Int'l Realty
(208) 287-5000
913 W River Street Suite 300, Boise, ID
Listed by
Kim Davis · License #AB18473
(208) 941-2288
Added: Apr 15 Checked: Jul 17 at 12:06 am
MLS# 98982210
Listing URL
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 property is configured as three separate income-producing spaces on one parcel. The main residence is a 3-bedroom, 2.5-bath townhouse. A front casita includes a private entrance, a full bathroom, and a ductless mini split. The detached garage has a studio loft with its own entrance, kitchenette, full bathroom, washer/dryer, and ductless mini split.
The property is located in Garden City, ID, with proximity to the Boise River Greenbelt and Boise Whitewater Park, along with nearby restaurants, wineries, breweries, coffee shops, and downtown Boise, as described in the remarks.
The layout supports independent use of each space, with no HOA noted for the property. The overall configuration is designed to provide multiple rental options within a single ownership.
The property is located in Garden City, ID, with proximity to the Boise River Greenbelt and Boise Whitewater Park, along with nearby restaurants, wineries, breweries, coffee shops, and downtown Boise, as described in the remarks.
The layout supports independent use of each space, with no HOA noted for the property. The overall configuration is designed to provide multiple rental options within a single ownership.
Key Highlights
- 2018‑built townhouse plus 2 additional income spaces on one parcel
- Main residence: 3 bedrooms, 2.5 baths, townhouse setup
- Front casita with private entrance and full bath; includes ductless mini split
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 | $42.1k | $17.40 |
| − Vacancy | −$438 | −$0.18 |
| EGI | $41.7k | $17.22 |
| − OpEx | −$12.5k | −$5.17 |
| NOI | $29.2k | $12.05 |
2,422 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.0K
$364.9K – $486.6K
NOI $29,193 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$363.7K
$318.2K – $424.3K
NOI $25,456 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$668.9K
$585.3K – $780.4K
NOI $46,822 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex-style setup with a townhouse plus two separate rental-style spaces, all on one parcel with no HOA.
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 $940,000.
What are key features of this property?
This property features: 2018‑built townhouse plus 2 additional income spaces on one parcel; Main residence: 3 bedrooms, 2.5 baths, townhouse setup; Front casita with private entrance and full bath; includes ductless mini split
