Duplex with Private
3938 W Garnet Boise, ID 83703
3938 W Garnet, Boise, ID, 83703
$642,100
Pending
For Sale
$642,100
Pending
Each unit features private back deck, fenced yard, and separate utilities with its own water heater and gas furnace.
Property Size1,956 SF
Days on Market50
Property Features for 3938 W Garnet
General Information
- Standard status
- Pending
- Size
- 1,956 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1958
Listing agency
Silvercreek Realty Group
(208) 921-2606
Listed by
Christian Eschen J.d. · License #SP31604
(208) 921-2606
Source
Thgboise
Added: Jun 2 Updated: Jul 21 at 9:19AM Checked: Jul 21 at 9:19AM
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 duplex offers two separately metered rental units, each with its own water heater and gas furnace. In-unit conveniences include a stackable washer/dryer, dishwasher, and refrigerator, along with oak hardwood floors and vinyl finishes in the bathrooms. Each unit also has a private deck at the rear and its own private fenced backyard.
The property is positioned close to downtown in a quiet, secluded neighborhood right off the Greenbelt.
Unit 3938 includes an upgraded kitchen with quartz countertops and stainless steel appliances. It also has a shop area behind its garage and a separate locked storage area currently used by the owner for storage. Unit 3942 has a small shop/storage area behind its garage, and the yard is described as fully zero-scaped for low maintenance.
The property is positioned close to downtown in a quiet, secluded neighborhood right off the Greenbelt.
Unit 3938 includes an upgraded kitchen with quartz countertops and stainless steel appliances. It also has a shop area behind its garage and a separate locked storage area currently used by the owner for storage. Unit 3942 has a small shop/storage area behind its garage, and the yard is described as fully zero-scaped for low maintenance.
Key Highlights
- 1958‑built duplex with each unit featuring a private back deck and fenced backyard
- Each unit has its own water heater and gas furnace, with separately metered utilities
- In‑unit appliances include a stackable washer/dryer, dishwasher, and refrigerator for each rental
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.0k | $17.40 |
| − Vacancy | −$354 | −$0.18 |
| EGI | $33.7k | $17.22 |
| − OpEx | −$10.1k | −$5.17 |
| NOI | $23.6k | $12.05 |
1,956 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$336.8K
$294.7K – $392.9K
NOI $23,576 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$293.7K
$257.0K – $342.6K
NOI $20,558 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$540.2K
$472.7K – $630.2K
NOI $37,813 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Each unit features private back deck, fenced yard, and separate utilities with its own water heater and gas furnace.
Where is this duplex located?
The property is located at 3938 W Garnet Boise, ID.
What is the asking price?
The asking price for this property is $642,100.
What are key features of this property?
This property features: 1958‑built duplex with each unit featuring a private back deck and fenced backyard; Each unit has its own water heater and gas furnace, with separately metered utilities; In‑unit appliances include a stackable washer/dryer, dishwasher, and refrigerator for each rental
