Townhome-Style
For Sale
$874,900
6601 W Douglas, Boise, ID 83704
Four residential units feature private outdoor space, storage, covered carports, and washer/dryer hookups.
Property Size4,063 SF
Price / SF$215.33
Days on Market136
Property Features for 6601 W Douglas
General Information
Standard status
Active
Size
4,063 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
washer/dryer hookups
central heating and air conditioning
private outdoor space
carports
off-street parking
Building Details
Year Built
1987
Listing Agency:
Initial Point Real Estate
Listed By:
Andrew Johnson
(208) 703-3116
Source:
208doors
Added: Jun 3
Changed: Oct 12
Last Checked: Oct 7 at 1:43PM
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 Initial Point Real Estate
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Investment Insights
Based on property information with market context.
Built in 1987, this Boise quadplex contains four townhome-style units with functional layouts and spacious living areas. Each residence includes washer/dryer hookups, dedicated storage, private outdoor space, central heating and air conditioning, and covered carport parking. The property totals 4063 square feet and also provides off-street parking.
Located at 6601 W Douglas in Boise, the property offers access to I-84, downtown Boise, Boise Towne Square, shopping, dining, and major employment centers. Its location supports connectivity throughout the Treasure Valley while placing everyday amenities and regional transportation within convenient reach.
Located at 6601 W Douglas in Boise, the property offers access to I-84, downtown Boise, Boise Towne Square, shopping, dining, and major employment centers. Its location supports connectivity throughout the Treasure Valley while placing everyday amenities and regional transportation within convenient reach.
Key Highlights
- Four‑unit quadplex with townhome‑style floor plans
- 4063 square feet; built in 1987
- Washer/dryer hookups provided in all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,973
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,460
$979.5K
Cap Rate 7%
$699,614
$699.6K
Cap Rate 9%
$544,144
$544.1K
Market Conditions
NOI Build-Up for 4,063 SF
Gross rent
$70.7K $17.40/SF
− Vacancy
−$735 −$0.18/SF
EGI
$70.0K $17.22/SF
− OpEx
−$21.0K −$5.17/SF
NOI
$49.0K $12.05/SF
Area
Ada County, ID
Vacancy
1.04%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,460
Cap Rate 7%
$699,614
Cap Rate 9%
$544,144
Alternative Uses
Best Use
Multifamily LT 5
$699.6K
$612.2K – $816.2K
NOI $48,973 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$610.0K
$533.8K – $711.7K
NOI $42,703 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.12M
$981.8K – $1.31M
NOI $78,546 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,182
Businesses Nearby
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Business Placement
Demographics for 83704, ID
42,430
Population
17,776
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
4,822
Density / Sq Mi
$70,806
Median Household Income
$37,201
Median Earnings
$1,363
Median Rent
$354,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature private outdoor space, storage, covered carports, and washer/dryer hookups.
Where is this quadplex located?
The property is located at 6601 W Douglas Boise, ID.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Four‑unit quadplex with townhome‑style floor plans; 4063 square feet; built in 1987; Washer/dryer hookups provided in all units
