Bench Neighborhood Triplex with
4409 W Franklin Rd, Boise, ID 83705
Triplex in the Bench neighborhood, each unit with private yard.
Type:Triplex
Property size:
2,584 SFPrice / SF:
$231/SF- Added:
- May 25, 2026
- Days on Market:
- 8
- Last Refresh:
- May 25 at 9:47 pm
Property Features for 4409 W Franklin Rd
General Information
- Standard status
- Active
- Size
- 2,584 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1910
Listing agent Paige Shafer
Listing office Silvercreek Realty Group
Listing date May 25, 2026
Source Clearwaterproperties
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
HighLights
- Fully leased triplex providing immediate rental income.
- Prime Bench location near popular establishments, hospitals, freeway, BSU, and Downtown Boise.
- Each unit has a private yard and ample parking.
- No HOA restrictions and effortless maintenance.
- Unit 2 features two bedrooms and two bathrooms, rare for its size.
- Unit 1 has North End charm with a deck for indoor/outdoor living and in‑unit laundry.
Overview
This triplex is located in the Bench neighborhood, near local spots such as Wyld Child and Push and Pour, as well as hospitals, the freeway, Boise State University, and Downtown Boise. The property consists of three units, each with its own private yard and ample parking. Unit one features two bedrooms, a living and dining space, a deck, a private yard, and an in-unit washer and dryer. Unit two, located on the lower level, includes two bedrooms, two bathrooms, a living area, a washer and dryer, and a private yard. Unit three is a studio with its own entrance and a private yard. The property has a total size of 2584 square feet and is suitable for multi-generational living.
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 | $45.0k | $17.40 |
| − Vacancy | −$468 | −$0.18 |
| EGI | $44.5k | $17.22 |
| − OpEx | −$13.3k | −$5.17 |
| NOI | $31.1k | $12.05 |
2,584 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.9K
$389.3K – $519.1K
NOI $31,146 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$388.0K
$339.5K – $452.6K
NOI $27,158 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$713.6K
$624.4K – $832.6K
NOI $49,954 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.236633
- Latitude
- 43.6020592
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex in the Bench neighborhood, each unit with private yard.
Where is this triplex located?
The property is located at 4409 W Franklin Rd Boise, ID.
What is the asking price?
The asking price for this property is $598,400.
What are key features of this property?
This property features: Fully leased triplex providing immediate rental income.; Prime Bench location near popular establishments, hospitals, freeway, BSU, and Downtown Boise.; Each unit has a private yard and ample parking.
