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Fourplex with Private Garages
New
For Sale
$819,900

6603 W Clinton Ln, Boise, ID 83704

Residential Income, Boise, ID

Property Size3,616 SF
Price / SF$226.74
Days on Market2

Property Features for 6603 W Clinton Ln

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description MX-1
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 6, Bedroom 3
Parking 4
Appliances Stove/Range (All Units), Washer/Dryer (Some Units)
Subdivision Gillians
Lot features Standard Lot 6000-9999 S F, Bus on City Route, Sidewalks
Elementary school Koelsch
Middle school Fairmont
High school Capital
Elementary school district Boise School District #1
Middle school district Boise School District #1
High school district Boise School District #1
Directions Franklin to Allenbaugh, N Allenbaugh, E Clinton
Standard status Active
APN R3138150090
Size 3,616 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 9 Blk 1 Gillians Sub
Tax Annual Amount 6946
HOA Fee $850 Quarterly
Legal Description Lot 9 Blk 1 Gillians Sub

Utilities

Heating system Baseboard, Electric (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)

Amenities

patio/balcony
refrigerator
stove
dishwasher
washer/dryer
window air conditioning
lawn care
trash service

Building Details

Year built 1994
Number of units 4
Flooring type Vinyl
Building materials Frame
Roof type Composition
Listing Agency: Silvercreek Realty Group
Listed By: Deseree Dewey · License #SP30209
Added: Oct 9 Last Checked: Oct 10 at 10:06AM
MLS# 99003283

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.

Built in 1994, this 3,616-square-foot fourplex is fully leased. Each of its four units has a garage and a patio or balcony. Refrigerators, stoves, and dishwashers are included. The exterior was painted in 2017, and the roof is newer. Heating is electric, with window air conditioning.

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

Key Highlights

  • Four‑unit property, 3,616 square feet, built in 1994
  • Fully leased
  • A garage and patio or balcony accompany each 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.

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

989
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has a private garage, patio or balcony, and kitchen appliances.
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, 3,616 square feet, built in 1994; Fully leased; A garage and patio or balcony accompany each unit
More about this property
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