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Fourplex with Private Garages
New
For Sale
$819,900

6603 W Clinton Ln, Boise, ID 83704

All four residences are leased and include a garage and patio or balcony.

Property Size3,616 SF
Price / SF$226.74
Days on Market7

Property Features for 6603 W Clinton Ln

General Information

Standard status Active
Size 3,616 SF
Property subtype Quadruplex
Occupancy 100%

Additional Details

HOA Fee $283.33
Highway Access Yes
Multifamily Units 4

Amenities

patio/balcony
refrigerator
stove
dishwasher
washer/dryer
electric heating
window air conditioning
lawn care
trash service
Lot Features: Standard Lot 6000-9999 SF, Bus on City Route, Sidewalks, Lot Size Units: Acres
Tax Annual Amount: 6945.7, Tax Legal Description: Lot 9 Blk 1 Gillians Sub, Tax Year: 2025
Flooring: Vinyl
Covered Spaces: 1, Garage Spaces: 1, Garage YN: t
Gross Scheduled Income: 5580
Cooling: Wall/Window Unit(s), Cooling YN: t
Heating: Baseboard, Electric, Heating YN: t
Laundry Features: Washer/Dryer Hookups (Some Units)
Listing Id: 99003283, Listing Service: Full Service, Listing Terms: Cash, Conventional, List Price: 819900, Mls Status: Active, Number Of Units Total: 4, Standard Status: Active, Total Actual Rent: 5375
Parking Features: One Car, Attached, Parking Total: 4
Elementary School: Koelsch, Elementary School District: Boise School District #1, High School: Capital, High School District: Boise School District #1, Middle Or Junior School: Fairmont, Middle Or Junior School District: Boise School District #1
Bedrooms Total: 8
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 3616, Building Area Units: Square Feet, Construction Materials: Frame, Living Area: 3616, Living Area Units: Square Feet, Year Built: 1994
City: Boise, Coordinates: -116.2855, 43.6264, Country: US, County Or Parish: Ada, Directions: Franklin to Allenbaugh, N Allenbaugh, E Clinton, Latitude: 43.6264, Longitude: -116.2855, Postal Code: 83704, State Or Province: ID, Street Dir Prefix: W, Street Name: Clinton Ln, Street Number: 6603, Street Number Numeric: 6603, Subdivision Name: Gillians, Unparsed Address: 6603 W Clinton Ln, Boise ID 83704
Current Use: 2-4 Units, Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: R3138150090, Property Sub Type: Quadruplex, Property Type: Residential Income
Bathrooms Total Integer: 4
Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Utilities: Sewer Connected
Irrigation Source: Irrigation District: No, Water Source: City Service
Appliances: Stove/Range (All Units), Washer/Dryer (Some Units)
Association Fee: 850, Association Fee Frequency: Quarterly

Building Details

Year Built 1994
Listing Agency: Silvercreek Realty Group
Listed By: Deseree Dewey · License #SP30209
Source: Thgboise
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 14 at 11:41PM

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

Investment Insights

Based on property information with market context.

Built in 1994, this 3,616-square-foot Boise fourplex contains four leased residences. Each unit has its own garage and patio or balcony, along with a refrigerator, stove, dishwasher, washer, and dryer. Electric heat and window air conditioning serve the units. The exterior was painted in 2017, and the roof is described as newer.

The property is about five minutes from St. Alphonsus, Boise Towne Square, and I-84/184. HOA coverage includes lawn care, watering, and trash service, with additional parking available.

Key Highlights

  • Four‑unit property with 3,616 square feet, built in 1994
  • Each residence includes its own garage and patio or balcony
  • Refrigerator, stove, dishwasher, washer, and dryer in every unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,585
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,700 $871.7K
Cap Rate 7%
$622,643 $622.6K
Cap Rate 9%
$484,278 $484.3K
Market Conditions
NOI Build-Up for 3,616 SF
Gross rent
$62.9K $17.40/SF
− Vacancy
−$654 −$0.18/SF
EGI
$62.3K $17.22/SF
− OpEx
−$18.7K −$5.17/SF
NOI
$43.6K $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%
$871,700
Cap Rate 7%
$622,643
Cap Rate 9%
$484,278

Alternative Uses

Best Use
Multifamily LT 5
$622.6K
$544.8K – $726.4K (±1% cap)
NOI $43,585 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$542.9K
$475.1K – $633.4K (±1% cap)
NOI $38,005 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$998.6K
$873.8K – $1.17M (±1% cap)
NOI $69,905 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Florist Butcher Catering Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,264
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are leased and include a garage and patio or balcony.
Where is this quadplex located?
The property is located at 6603 W Clinton Ln Boise, ID.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: Four‑unit property with 3,616 square feet, built in 1994; Each residence includes its own garage and patio or balcony; Refrigerator, stove, dishwasher, washer, and dryer in every unit
More about this property
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