Well-Maintained Duplex
764 South Curtis Road Boise, ID 83705
764 South Curtis Road, Boise, ID, 83705
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For Sale
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Leased duplex with two separate units, private entrances, and separate utility meters on a 0.21-acre lot.
Property Size3,756 SF
Lot Size0.21 Acres
Price / SF$167.15
Days on Market21
Property Features for 764 South Curtis Road
General Information
- Standard status
- Active
- Size
- 3,756 SF
- Lot size
- 0.21 Acres
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1971
Listing agency
Keller Williams Realty Boise- Oliver O'Gara Real Estate
Listed by
Liz O'Gara · License #SP42533
Source
Crexi
Added: Jul 1 Updated: Jul 20 at 4:53PM Checked: Jul 21 at 5:08AM
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- Oliver O'Gara Real Estate
Investment Insights
Based on property information with market context.
Well-maintained duplex designed for two separate households, totaling 3,756 square feet on a 0.21-acre lot. Unit 764 includes 3 bedrooms, 2 bathrooms, a bonus room, and a separate exterior entrance to a finished lower level. Recent upgrades include new flooring, carpet, and interior paint completed prior to the current tenant’s occupancy.
Unit 766 offers 5 bedrooms and 2.5 bathrooms, along with a dedicated laundry/mud room. Both units are currently leased. Tenants pay power, gas, and water, while the owner pays trash and sewer, supported by separate utility meters.
Additional property amenities include private entrances, a detached garage, a covered carport, and additional off-street parking. The duplex is located in central Boise with convenience to shopping, parks, schools, downtown Boise, and Interstate 84.
Unit 766 offers 5 bedrooms and 2.5 bathrooms, along with a dedicated laundry/mud room. Both units are currently leased. Tenants pay power, gas, and water, while the owner pays trash and sewer, supported by separate utility meters.
Additional property amenities include private entrances, a detached garage, a covered carport, and additional off-street parking. The duplex is located in central Boise with convenience to shopping, parks, schools, downtown Boise, and Interstate 84.
Key Highlights
- Leased duplex (built 1971) with two separate units providing immediate rental income
- 3,756 SF total on a 0.21‑acre lot with private entrances for both units
- Unit 764: 3 bed/2 bath plus bonus room; finished lower level with separate exterior entrance
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 | $65.4k | $17.40 |
| − Vacancy | −$680 | −$0.18 |
| EGI | $64.7k | $17.22 |
| − OpEx | −$19.4k | −$5.17 |
| NOI | $45.3k | $12.05 |
3,756 SF · lease $17.40/SF/yr · vacancy 1.04% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$646.7K
$565.9K – $754.5K
NOI $45,272 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$563.9K
$493.5K – $657.9K
NOI $39,476 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.04M
$907.6K – $1.21M
NOI $72,611 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Leased duplex with two separate units, private entrances, and separate utility meters on a 0.21-acre lot.
Where is this duplex located?
The property is located at 764 South Curtis Road Boise, ID.
What is the asking price?
The asking price for this property is $627,800.
What are key features of this property?
This property features: Leased duplex (built 1971) with two separate units providing immediate rental income; 3,756 SF total on a 0.21‑acre lot with private entrances for both units; Unit 764: 3 bed/2 bath plus bonus room; finished lower level with separate exterior entrance
