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Occupied Duplex with Separate Leases
For Sale
$549,000

3610 W Moore St, Boise, ID 83703

Two-unit property with current occupancy and professional property management in place.

Property Size2,140 SF
Price / SF$256.54
Days on Market88

Property Features for 3610 W Moore St

General Information

Standard status Active
Size 2,140 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1950
Tenancy Multi
Listing Agency: Silvercreek Realty Group
Listed By: Sashi Tatsumi · License #SP49704
Source: Noplacelikeidaho
Added: Jul 20 Changed: Oct 4 Last Checked: Oct 7 at 5:16PM

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

Investment Insights

Based on property information with market context.

This 2,140-square-foot duplex, built in 1950, includes two residential units that are currently occupied. The property has been maintained through a property management company, and the existing tenancy includes leases extending into 2026 and 2027. Unit 3610 W Moore St is leased through 10/31/2026, while 3612 W Moore St is leased through 5/31/2027.

The duplex is located at 3610 W Moore St in Boise, Idaho, near the Boise River, Veterans Park, Ester Simplot Park, and Downtown Boise. Showings are available with an accepted offer, and tenants are not to be disturbed. No sign is located at the property.

Key Highlights

  • 2,140 SF duplex built in 1950
  • Both residential units currently occupied
  • Property maintained by a management company

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,794
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,880 $515.9K
Cap Rate 7%
$368,486 $368.5K
Cap Rate 9%
$286,600 $286.6K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$37.2K $17.40/SF
− Vacancy
−$387 −$0.18/SF
EGI
$36.8K $17.22/SF
− OpEx
−$11.1K −$5.17/SF
NOI
$25.8K $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%
$515,880
Cap Rate 7%
$368,486
Cap Rate 9%
$286,600

Alternative Uses

Best Use
Multifamily LT 5
$368.5K
$322.4K – $429.9K (±1% cap)
NOI $25,794 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$321.3K
$281.2K – $374.9K (±1% cap)
NOI $22,492 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$591.0K
$517.1K – $689.5K (±1% cap)
NOI $41,370 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store Pharmacy Cosmetic Store Garden Center

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

Demographics for 83703, ID

18,163
Population
7,971
Households
2.3
Avg Household Size
40
Median Age
54%
College-Educated
97%
High-School Grad
8.1 sq mi
ZIP Area
2,242
Density / Sq Mi
$74,415
Median Household Income
$41,938
Median Earnings
$1,336
Median Rent
$477,000
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with current occupancy and professional property management in place.
Where is this duplex located?
The property is located at 3610 W Moore St Boise, ID.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,140 SF duplex built in 1950; Both residential units currently occupied; Property maintained by a management company
More about this property
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