Fourplex Residential Income
6105 W Post Street Boise, ID 83704
For Sale
$689,900
Fourplex on a private treed lot with off-street parking and remodeled units featuring LVP flooring.
Property Size2,202 SF
Price / SF$313.31
Days on Market9
Property Features for 6105 W Post Street
General Information
Standard status
Active
Size
2,202 SF
Property subtype
Quadruplex
Building Details
Year Built
1945
Listing Agency:
Keller Williams Realty Boise
(208) 409-7606
Listed By:
Alison Blake · License #SP21058
(208) 409-7606
Source:
Thgboise
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 30 at 6:12AM
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 Keller Williams Realty Boise
Investment Insights
Based on property information with market context.
This fourplex features four residential units on a private, treed lot of approximately 0.14 acres. Long-term tenants are currently in two of the units, and two units have been remodeled with LVP flooring and updated kitchens. Unit mix includes one two-bedroom unit on the first floor, and another unit that utilizes a small non-closeted room as a bedroom.
Off-street parking is provided for four cars in the front, with additional parking available in the back. While there are no washer/dryer units in the residences, hookups are available for a coin-operated machine. The property is described as a convenient location for getting on the freeway, with access to Micron and downtown.
Off-street parking is provided for four cars in the front, with additional parking available in the back. While there are no washer/dryer units in the residences, hookups are available for a coin-operated machine. The property is described as a convenient location for getting on the freeway, with access to Micron and downtown.
Key Highlights
- 1945‑built 4‑plex on a private treed 0.14‑acre lot off Fairview
- Two units remodeled with LVP flooring and updated kitchens
- Long‑term tenants in two units; low vacancies and room to improve and raise rents
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 | $38.3k | $17.40 |
| − Vacancy | −$398 | −$0.18 |
| EGI | $37.9k | $17.22 |
| − OpEx | −$11.4k | −$5.17 |
| NOI | $26.5k | $12.05 |
2,202 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$379.2K
$331.8K – $442.4K
NOI $26,541 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,143 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$608.1K
$532.1K – $709.5K
NOI $42,569 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex on a private treed lot with off-street parking and remodeled units featuring LVP flooring.
Where is this quadplex located?
The property is located at 6105 W Post Street Boise, ID.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: 1945‑built 4‑plex on a private treed 0.14‑acre lot off Fairview; Two units remodeled with LVP flooring and updated kitchens; Long‑term tenants in two units; low vacancies and room to improve and raise rents
