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Residential Income Home with RV Parking

7940 W Galena Dr Boise, ID 83709

New
7940 W Galena Dr, Boise, ID, 83709
$675,000
For Sale
$675,000

MULTI_FAMILY - Boise, ID

Property Size2,576 SF
Lot Size0.20 Acres
Price / SF$262.03
Days on Market1

Property Features for 7940 W Galena Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 2
Parking
6
Parking features
Driveway, RV
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
Standard status
Active
APN
R4548530270
Size
2,576 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 33 BLK 5 JACKSON MANOR SUB NO 4
Tax Annual Amount
3753

Utilities

Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
1971
Number of units
1
Building materials
Brick, Frame, Wood Siding
Roof type
Composition
Listing Agency Homes of Idaho
3597 E Monarch Sky Lane, Nampa, ID
Listed by Rita O'brien · License #SP41518
Added: Jul 16 Checked: Jul 16 at 8:06 pm
MLS# 98994149 Listing URL

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.

This move-in-ready residential income property offers 2,500+ square feet of flexible living space, including a finished basement with a family room, two bedrooms, a full bath, and additional space that can serve as an office, den, or extra bedroom. The remodeled kitchen features stainless steel appliances, an island, soft-close cabinetry, a pantry, and ample prep space. Updates throughout include remodeled bathrooms, new flooring, fresh interior and exterior paint, updated plumbing and electrical, a newer HVAC system, a newer water heater, and whole-home water filtration.

At 7940 W Galena Dr, Boise, this home is set up with full RV parking and 50-amp power, supporting a variety of living or rental arrangements. The property is described as minutes from Downtown Boise, Micron, the airport, shopping, dining, and I-84.

Overall, it presents a turnkey option with modern finishes, an expanded lower level, and on-site RV power amenities.

Key Highlights

  • 2,500+ sq. ft. flexible home layout with finished basement including family room, 2 bedrooms, and a full bath
  • Remodeled kitchen with stainless steel appliances, island, soft‑close cabinetry, and pantry
  • Updates include remodeled bathrooms, new flooring, and fresh interior and exterior paint

Local Financial Insights For Apartment 5plus

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 $49.8k $19.32
− Vacancy −$542 −$0.21
EGI $49.2k $19.11
− OpEx −$22.2k −$8.60
NOI $27.1k $10.51
2,576 SF · lease $19.32/SF/yr · vacancy 1.09% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$386.8K
$338.4K – $451.2K (±1% cap)
NOI $27,074 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$711.4K
$622.5K – $830.0K (±1% cap)
NOI $49,799 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Catering Service Supermarket Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Move-in-ready Boise bench residence with remodeled interior, finished basement, and full RV parking with 50-amp power.
Where is this single family property located?
The property is located at 7940 W Galena Dr Boise, ID.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,500+ sq. ft. flexible home layout with finished basement including family room, 2 bedrooms, and a full bath; Remodeled kitchen with stainless steel appliances, island, soft‑close cabinetry, and pantry; Updates include remodeled bathrooms, new flooring, and fresh interior and exterior paint
Contact an agent
More about this property
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