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Triplex with Managed Rental Units

5990 6002 &6014 S Jessenia Ln Boise, ID 83709

5990 6002 &6014 S Jessenia Ln, Boise, ID, 83709
$1,024,000
For Sale
$1,024,000

MULTI_FAMILY - Boise, ID

Property Size3,516 SF
Price / SF$291.24
Days on Market146

Property Features for 5990 6002 &6014 S Jessenia Ln

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
9
Rooms
Bedroom 4, Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 4, Bathroom 7, Bathroom 5, Bedroom 6, Bathroom 8, Bathroom 9, Bedroom 8, Bathroom 1, Bedroom 5
Parking
6
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Standard status
Active
APN
R1376910800, R1376910760, R1376910740
Size
3,516 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
CHARLESWORTH SUB NO 02 LOTS 78 ,79, AND 81 in BLK 01, Ada County, Idaho
Tax Annual Amount
4230

Utilities

Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
2021
Number of units
3
Building materials
Frame, Log
Roof type
Composition
Listing Agency Fathom Realty
3573 E Longwing Ln #210, Meridian, ID
Listed by Janelle Anderson · License #SP42574
Added: Feb 20 Checked: Jul 16 at 7:06 pm
MLS# 98975503 Listing URL

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 for-sale triplex consists of three homes at 5990, 6002, and 6014 S Jessenia Ln, each with its own parcel number and address. The end units offer 3 bedrooms and 2.5 baths, while the center unit offers 2 bedrooms and 2.5 baths. Each unit includes a washer and dryer, and a refrigerator is also included. Kitchens feature granite countertops and stainless steel appliances, supporting a tenant-ready setup.

All three homes are currently rented. A property manager manages the rentals for a 6% flat fee. The HOA includes trash service, community maintenance, and landscaping, along with clubhouse access with a work out room. The seller indicates the property has been well maintained and notes there is a home inspection available from March 2026, which will be shared with a buyer upon acceptance of an offer.

For investors or owner-occupants seeking residential income, this configuration provides a mix of layouts across the three units, with end units suited to larger household needs and the center unit offering a smaller footprint. The presence of in-unit laundry and the included appliances may help reduce tenant friction, while HOA services and clubhouse access support day-to-day community living.

Key Highlights

  • 3 homes with separate parcel numbers and addresses—end units have 3 Bed/2.5 baths and the center unit has 2 Bed/2.5 baths
  • Appliances included in each unit: refrigerator, stove/range, disposal, and washer/dryer
  • Granite countertops and stainless steel appliances in the kitchens

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 $61.2k $17.40
− Vacancy −$636 −$0.18
EGI $60.5k $17.22
− OpEx −$18.2k −$5.17
NOI $42.4k $12.05
3,516 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$605.4K
$529.8K – $706.3K (±1% cap)
NOI $42,380 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$527.9K
$461.9K – $615.9K (±1% cap)
NOI $36,954 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$971.0K
$849.6K – $1.13M (±1% cap)
NOI $67,971 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Building Supply Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-kept triplex with three rented residences, in-unit laundry, and HOA-covered community maintenance and amenities.
Where is this triplex located?
The property is located at 5990 6002 &6014 S Jessenia Ln Boise, ID.
What is the asking price?
The asking price for this property is $1,024,000.
What are key features of this property?
This property features: 3 homes with separate parcel numbers and addresses—end units have 3 Bed/2.5 baths and the center unit has 2 Bed/2.5 baths; Appliances included in each unit: refrigerator, stove/range, disposal, and washer/dryer; Granite countertops and stainless steel appliances in the kitchens
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