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Flexible Live-Work Property
For Sale
$960,000

3795 N 33rd St, Boise, ID 83703

Commercial Sale, Boise, ID

Property Size3,256 SF
Lot Size0.22 Acres
Price / SF$294.84
Days on Market58

Property Features for 3795 N 33rd St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-1C
Bedrooms 4
Rooms Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking 5
Fencing Fenced
Lot features Standard Lot 6000-9999 S F, On City Bus Route
Directions From 36th & Hill Rd, E on Hill, N on 33rd to property at corner of Scenic & 33rd
Standard status Active
APN R7724000020
Size 3,256 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description Lot 5 Blk 1 Scenic Cove Sub
Legal Description Lot 5 Blk 1 Scenic Cove Sub

Utilities

Heating system Hot Water(Heating)
Cooling system Ductless, Central Air

Amenities

pool
built-in BBQ
covered outdoor living
low-maintenance yard
30-amp RV hookup

Building Details

Year built 1965
Flooring type Wood
Building materials Brick
Roof type Composition
Listing Agency: Fathom Realty
Listed By: Misty Rose · License #28445
Added: Aug 19 Changed: Sep 18 Last Checked: Oct 15 at 4:06AM
MLS# 98997959

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 Boise live-work property combines a primary residence with a dedicated office that has its own exterior entrance. The daylight lower level includes a private locking entrance, exterior access, kitchen, bedroom, family or recreation room, bathroom, patio, and pool access. The home also features wood flooring, brick construction, central air, ductless cooling, hot water heating, and a fenced yard.

Outdoor improvements include a pool, built-in BBQ, covered living area, low-maintenance yard, and a 30-amp RV hookup. Solar was installed in 2018, while the roof and boiler were updated the same year. Additional improvements include updated windows, a new main sewer line, and AC installed in 2026. The property is located just outside downtown Boise.

Key Highlights

  • 3256‑square‑foot live‑work property on 0.22 acres
  • Dedicated office with a private exterior entrance
  • Daylight lower level with kitchen, bedroom, bathroom, patio, and separate access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,103
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,060 $882.1K
Cap Rate 7%
$630,043 $630.0K
Cap Rate 9%
$490,033 $490.0K
Market Conditions
NOI Build-Up for 3,256 SF
Gross rent
$68.4K $21.00/SF
− Vacancy
−$9.6K −$2.94/SF
EGI
$58.8K $18.06/SF
− OpEx
−$14.7K −$4.52/SF
NOI
$44.1K $13.54/SF
Area
Ada County, ID
Vacancy
14.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,060
Cap Rate 7%
$630,043
Cap Rate 9%
$490,033

Alternative Uses

Best Use
Office B
$630.0K
$551.3K – $735.1K (±1% cap)
NOI $44,103 @ 7.0% cap · market cap 4.59%
Second Best
Mixed Use
$577.7K
$505.5K – $674.0K (±1% cap)
NOI $40,440 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$899.2K
$786.8K – $1.05M (±1% cap)
NOI $62,945 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Electrical Service Law Firm HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

187
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 Office in Boise, ID

7.5% 2020
5.8% 2021
8.8% 2022
11.1% 2023
10.6% 2024
11.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Separate office access and a finished lower level support residential and professional use.
Where is this live-work space located?
The property is located at 3795 N 33rd St Boise, ID.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 3256‑square‑foot live‑work property on 0.22 acres; Dedicated office with a private exterior entrance; Daylight lower level with kitchen, bedroom, bathroom, patio, and separate access
More about this property
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