Well-Maintained Duplex with
For Sale
$685,000
7919 And 7921 W Colehaven Ct, Boise, ID 83704
Two separate residences offer matching layouts, private outdoor areas, and convenient access to shopping, dining, and recreation.
Property Size2,398 SF
Price / SF$285.65
Days on Market83
Property Features for 7919 And 7921 W Colehaven Ct
General Information
Standard status
Active
Size
2,398 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Road Access
Yes
Building Details
Year Built
2000
Buildings
1
Listing Agency:
Mountain Realty
Listed By:
David Elsey · License #SP31476
(208) 484-6564
Source:
Platzplace
Added: Jul 25
Changed: Oct 8
Last Checked: Oct 7 at 5:28PM
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 Mountain Realty
Investment Insights
Based on property information with market context.
This 2,398-square-foot duplex, built in 2000, contains two separate residences with matching three-bedroom, two-and-a-half-bath layouts. Each unit includes a two-car garage and outdoor living space. Both residences have been well maintained and are ready for a new owner.
Set at the end of a cul-de-sac, the property is steps from a small park and close to multiple shopping and dining options. Access to Boise Town Square Mall, The Village, and downtown Boise adds convenience for residents and supports the property's central Boise location.
Set at the end of a cul-de-sac, the property is steps from a small park and close to multiple shopping and dining options. Access to Boise Town Square Mall, The Village, and downtown Boise adds convenience for residents and supports the property's central Boise location.
Key Highlights
- 2,398‑square‑foot duplex built in 2000
- Two separate units, each with 3 bedrooms and 2.5 baths
- Each residence includes a 2 car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,904
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,080
$578.1K
Cap Rate 7%
$412,914
$412.9K
Cap Rate 9%
$321,156
$321.2K
Market Conditions
NOI Build-Up for 2,398 SF
Gross rent
$41.7K $17.40/SF
− Vacancy
−$434 −$0.18/SF
EGI
$41.3K $17.22/SF
− OpEx
−$12.4K −$5.17/SF
NOI
$28.9K $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%
$578,080
Cap Rate 7%
$412,914
Cap Rate 9%
$321,156
Alternative Uses
Best Use
Multifamily LT 5
$412.9K
$361.3K – $481.7K
NOI $28,904 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$360.0K
$315.0K – $420.1K
NOI $25,203 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$662.3K
$579.5K – $772.6K
NOI $46,358 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,489
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer matching layouts, private outdoor areas, and convenient access to shopping, dining, and recreation.
Where is this duplex located?
The property is located at 7919 And 7921 W Colehaven Ct Boise, ID.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 2,398‑square‑foot duplex built in 2000; Two separate units, each with 3 bedrooms and 2.5 baths; Each residence includes a 2 car garage
