Three-Bedroom Residential
2401 S Owyhee #50, Boise, ID 83704
For Sale
$182,000
An open living, kitchen, and dining layout is located within a community for residents aged 55 and older.
Property Size1,119 SF
Price / SF$162.65
Days on Market61
Property Features for 2401 S Owyhee #50
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Utilities to Site
Amenities
on-site RV storage
Dimensions: 0x0
Composition
Parcel Number: Lot #50, Legal Description: VIN # CAV230ID26-40185AB, Year: 2026
Carpet, Vinyl
Central Air
Electric
Listing ID: 99000506, Standard Status: Active, MLS Status: Active, Property Subtype: Mobile/Manu Rented Lot, 30 days on market
1 carport space, 1 covered space, 1 total parking space
Elementary School: Over 55 Commun, Elementary School District: Boise School District #1, Middle School: Over 55 Commun, Middle School District: Boise School District #1, High School: Over 55 Commun, High School District: Boise School District #1
3 total bedrooms, 3 main level bedrooms
Built in 2026, Living area: 1119, Living area units: Square Feet, Levels: One, Construction Materials: Vinyl Siding
Subdivision: Owyhee Estates, County/Parish: Ada
Farm Land area units: Square Feet, Leasable area units: Square Feet
2 total bathrooms, 2 main level bathrooms
Sewer Connected, Water Source: City Service
Property Disclosure
Road Surface: Paved
Bath-Master, Bed-Master Main Level, Walk-In Closet(s)
Electric Water Heater, Dishwasher, Disposal, Oven/Range Freestanding
Association Fee: $35, Fee Frequency: Monthly
Building Details
Year Built
Buildings
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Reana Gardner · License ID SP17368
(208) 989-0161
Source:
Thgboise
Added: Sep 11
Changed: Nov 8
Last Checked: Nov 8 at 6:15AM
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 Silvercreek Realty Group
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Investment Insights
Based on property information with market context.
This 1,119-square-foot home was built in 2026 and has three bedrooms and two bathrooms. Its floor plan brings the living area, kitchen, and dining space together in an open layout.
The home is in Owyhee Estates on the Boise Bench, with access to I-84, downtown Boise, shopping, medical centers, parks, the greenbelt, and the airport. On-site RV storage is available to residents for a fee.
The home is in Owyhee Estates on the Boise Bench, with access to I-84, downtown Boise, shopping, medical centers, parks, the greenbelt, and the airport. On-site RV storage is available to residents for a fee.
Key Highlights
- Three bedrooms and two bathrooms in 1,119 square feet
- Built in 2026
- Located in Owyhee Estates, a community for residents aged 55 and older
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,761
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,220
$235.2K
Cap Rate 7%
$168,014
$168.0K
Cap Rate 9%
$130,678
$130.7K
Market Conditions
NOI Build-Up for 1,119 SF
Gross rent
$21.6K $19.32/SF
− Vacancy
−$236 −$0.21/SF
EGI
$21.4K $19.11/SF
− OpEx
−$9.6K −$8.60/SF
NOI
$11.8K $10.51/SF
Area
Ada County, ID
Vacancy
1.09%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,220
Cap Rate 7%
$168,014
Cap Rate 9%
$130,678
Alternative Uses
Best Use
Apartment 5plus
$168.0K
$147.0K – $196.0K
NOI $11,761 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.0K
$270.4K – $360.6K
NOI $21,633 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 83704, ID
42,430
Population
17,776
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
4,822
Density / Sq Mi
$70,806
Median Household Income
$37,201
Median Earnings
$1,363
Median Rent
$354,400
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Boise, ID
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Frequently Asked Questions
What type of property is this?
Residential income property - An open living, kitchen, and dining layout is located within a community for residents aged 55 and older.
Where is this residential income property located?
The property is located at 2401 S Owyhee #50 Boise, ID.
What is the asking price?
The asking price for this property is $182,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms in 1,119 square feet; Built in 2026; Located in Owyhee Estates, a community for residents aged 55 and older
