Search
63-Unit Garden Apartment Community

2815 Madison Avenue, Boise, ID 83702

For Sale
Contact for pricing

Four buildings offer a mix of apartment layouts, shared laundry, an on-site leasing office, and resident parking.

Property SizeContact for details
Days on Market22

Property Features for 2815 Madison Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood West End

Units

Unit Mix 54 x 1BR, 7 x 2BR, 2 x 3BR
Multifamily Units 63

Additional Details

Tenant in Place Yes

Amenities

leasing office
community laundry facility
onsite parking

Building Details

Year Built 1978
Buildings 4
Stories 2
Construction garden-style
Listing Agency: Berkadia
Listed By: Chriskott Todd · License ID SP58860
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 10 at 5:57AM

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 Berkadia

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1978, this 63-unit garden-style apartment community occupies four two-story buildings. The unit mix comprises 54 one-bedroom apartments, seven two-bedroom apartments, and two three-bedroom apartments. Twenty-six homes have been renovated; improvements include vinyl plank flooring, refreshed cabinet fronts and countertops, new backsplash, and stainless steel appliances. Thirty-seven units retain their classic finishes. Community amenities include a leasing office, laundry facilities, and on-site parking.

Located in Boise’s West End between downtown and the Boise Whitewater District, the property is near two identified city destinations. The offering also includes assumable Fannie Mae financing at a fixed 4.73% rate, interest-only through its 2033 maturity.

Key Highlights

  • 63 apartments across four two‑story buildings, constructed in 1978
  • Unit mix: 54 one‑bedroom, seven two‑bedroom, and two three‑bedroom apartments
  • 26 renovated units; 37 classic units remain

Property Analytics

Lease Details

63
Residential units

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby

Demographics for 83702, ID

23,951
Population
12,771
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
31.4 sq mi
ZIP Area
763
Density / Sq Mi
$82,586
Median Household Income
$48,200
Median Earnings
$1,175
Median Rent
$708,000
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Boise, ID

$268 Jul
$253 Aug
$282 Sep
$285 Oct

Properties on Market for Apartment buildings in Boise

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four buildings offer a mix of apartment layouts, shared laundry, an on-site leasing office, and resident parking.
Where is this apartment building located?
The property is located at 2815 Madison Avenue Boise, ID.
What are key features of this property?
This property features: 63 apartments across four two‑story buildings, constructed in 1978; Unit mix: 54 one‑bedroom, seven two‑bedroom, and two three‑bedroom apartments; 26 renovated units; 37 classic units remain
(208) 906-9515 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved