4800 W Richardson Street, Boise, ID 83705
MULTI_FAMILY - Boise, ID
- Added:
- Jun 3, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 3 at 2:06 pm
Property Features for 4800 W Richardson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 24
- Bathrooms
- 16
- Rooms
- Bathroom 14, Bedroom 21, Bedroom 23, Bedroom 11, Bedroom 17, Bedroom 19, Bathroom 12, Bathroom 13, Bathroom 6, Bedroom 7, Bathroom 7, Bedroom 8, Bathroom 1, Bedroom 12, Bedroom 20, Bedroom 4, Bathroom 16, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 5, Bedroom 13, Bedroom 9, Bedroom 14, Bedroom 2, Bedroom 15, Bedroom 6, Bathroom 2, Bedroom 10, Bedroom 3, Bathroom 3, Bathroom 8, Bedroom 18, Bedroom 16, Bathroom 9, Bedroom 24, Bathroom 15, Bathroom 11, Bathroom 10, Bedroom 22
- Parking
- 24
- Parking features
- Carport
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Standard status
- Active
- APN
- R5422000060
- Size
- 13,254 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 1 BLK 1 MACK SUB & LOT 4 BLK 1 MACK SUB & LOT 5 BLK 1 MACK SUB
- Tax Annual Amount
- 23033
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Number of units
- 12
- Building materials
- Frame, Metal Siding, Vinyl Siding
- Roof type
- Composition
Listing agent Matt Bauscher License #SP40991 (208) 330-8515
Listing office Amherst Madison 592 N Benjamin Ln, Boise, ID (208) 391-2391
Listing date Jun 3, 2026
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.
HighLights
- 12 total units: three separate parcels with 4‑plex townhouses (4800, 4806 & 4812 W Richardson)
- No HOA dues; includes 3 additional parcels that make up the common areas
- Significant renovations reported: updated kitchens, bathrooms, flooring, paint, doors, and fixtures
- Kitchen features include granite counters, knotty hickory cabinets, and appliances (fridge, stove/range, dishwasher, microwave)
- Central A/C and forced‑air natural gas heat; composition roof; frame with metal/vinyl siding
- Parking and site features: carports plus on‑site storage and private backyards
Overview
The community is located in Boise’s Bench area, with addresses listed at 4800, 4806, and 4812 W Richardson Street. The setup also includes additional parcels for common areas. Reported benefits include consistent occupancy with low vacancy, and the absence of HOA dues.
For investors, the structure offers flexibility, including the ability to sell off the individual 4-plex buildings while retaining the common-area parcels as part of the overall community. The existing renovation scope and current rental history may support buyers seeking a turnkey income property with a long-term hold strategy.
Local Financial Insights For Apartment 5plus
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 | $256.1k | $19.32 |
| − Vacancy | −$2.8k | −$0.21 |
| EGI | $253.3k | $19.11 |
| − OpEx | −$114.0k | −$8.60 |
| NOI | $139.3k | $10.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.2412648
- Latitude
- 43.6038478
