Quadplex With Additional
For Sale
$899,000
393-399 White Cloud Dr, Boise, ID 83709
Four residences offer varied layouts, garage access, and substantial off-street parking.
Property Size4,464 SF
Price / SF$201.39
Days on Market78
Property Features for 393-399 White Cloud Dr
General Information
Standard status
Active
Size
4,464 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1.5BA, 1 x 3BR/1.5BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,082
Amenities
Garage: Garage Door Access, One Car, Two Car, Detached, RV Access/Parking, Other, Attached
Garage Spaces: 3
7
6.00
Garage Door Access, One Car, Two Car, Detached, RV Access/Parking, Other, Attached
3
Building Details
Year Built
1974
Listing Agency:
Silvercreek Realty Group
Listed By:
Kelli Hall · License #SP20329
(208) 377-0422
Source:
Clearwaterproperties
Added: Aug 1
Changed: Oct 16
Last Checked: Oct 16 at 6:05AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,464-square-foot quadplex, built in 1974, includes four residential units with varied configurations. Two units have one bedroom and one bathroom each; another offers two bedrooms and one-and-a-half bathrooms with a one-car garage, while the fourth has three bedrooms, one-and-a-half bathrooms, and a two-car garage. Much of the building has been remodeled or updated.
The property also includes a 40 X 30 shop with two separate two-car garages, adding flexible garage and storage space. Exterior features include an easy-maintenance yard, extensive off-street parking, and RV access or parking. The property is located at 393-399 White Cloud Dr in Boise, near freeway access, schools, and shopping.
The property also includes a 40 X 30 shop with two separate two-car garages, adding flexible garage and storage space. Exterior features include an easy-maintenance yard, extensive off-street parking, and RV access or parking. The property is located at 393-399 White Cloud Dr in Boise, near freeway access, schools, and shopping.
Key Highlights
- Four‑unit quadplex with 4,464 SF of building area
- Unit mix includes two 1‑bedroom units, one 2‑bedroom unit, and one 3‑bedroom unit
- 40 X 30 shop with two separate two‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,806
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,076,120
$1.1M
Cap Rate 7%
$768,657
$768.7K
Cap Rate 9%
$597,844
$597.8K
Market Conditions
NOI Build-Up for 4,464 SF
Gross rent
$77.7K $17.40/SF
− Vacancy
−$808 −$0.18/SF
EGI
$76.9K $17.22/SF
− OpEx
−$23.1K −$5.17/SF
NOI
$53.8K $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%
$1,076,120
Cap Rate 7%
$768,657
Cap Rate 9%
$597,844
Alternative Uses
Best Use
Multifamily LT 5
$768.7K
$672.6K – $896.8K
NOI $53,806 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$670.2K
$586.5K – $782.0K
NOI $46,917 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,298 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 83709, ID
59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer varied layouts, garage access, and substantial off-street parking.
Where is this quadplex located?
The property is located at 393-399 White Cloud Dr Boise, ID.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4,464 SF of building area; Unit mix includes two 1‑bedroom units, one 2‑bedroom unit, and one 3‑bedroom unit; 40 X 30 shop with two separate two‑car garages
