Short-Term Rental with Detached
814 N Baker St, Boise, ID 83706
For Sale
New
$635,000
Two separate living spaces support rental operation, owner occupancy, or multigenerational use.
Property Size2,230 SF
Price / SF$284.75
Days on Market2
Property Features for 814 N Baker St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
storage shed
true
2
4
Washer/Dryer Hookups (All Units)
Square Feet
Metal
Standard Lot 6000-9999 SF
City Service
0.22
Finished Driveway
2230
Building Details
Building Size
Year Built
Buildings
Listing Agency:
FLX Real Estate, LLC
(208) 944-1850
Listed By:
Eva Steinwald
Source:
Steinwaldgroup
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 4:11PM
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 FLX Real Estate, LLC
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Investment Insights
Based on property information with market context.
This Boise property pairs a 1,630-square-foot, three-bedroom, two-bathroom house with a detached 600-square-foot, one-bedroom, one-bathroom accessory dwelling unit. The main home has refinished hardwood floors, updated windows, new kitchen cabinets and countertops, and remodeled bathrooms. The ADU includes LVP flooring, updated cabinets and countertops, mini-splits in the living room and bedroom, and a gas range. A storage shed provides additional space, and furnishings used for the short-term rental are included.
The property is located minutes from St. Alphonsus Hospital, Downtown Boise, Boise State University, shopping, dining, and freeway access. It is currently operated as a short-term rental, with the two residences offering distinct living spaces.
The property is located minutes from St. Alphonsus Hospital, Downtown Boise, Boise State University, shopping, dining, and freeway access. It is currently operated as a short-term rental, with the two residences offering distinct living spaces.
Key Highlights
- 1,630‑square‑foot main home with 3 bedrooms and 2 bathrooms
- Detached 600‑square‑foot ADU with 1 bedroom and 1 bathroom
- Currently operating as a short‑term rental; furnishings are included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,438
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,760
$468.8K
Cap Rate 7%
$334,829
$334.8K
Cap Rate 9%
$260,422
$260.4K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$43.1K $19.32/SF
− Vacancy
−$470 −$0.21/SF
EGI
$42.6K $19.11/SF
− OpEx
−$19.2K −$8.60/SF
NOI
$23.4K $10.51/SF
Area
Ada County, ID
Vacancy
1.09%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,760
Cap Rate 7%
$334,829
Cap Rate 9%
$260,422
Alternative Uses
Best Use
Apartment 5plus
$334.8K
$293.0K – $390.6K
NOI $23,438 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$615.9K
$538.9K – $718.5K
NOI $43,110 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 83706, ID
34,446
Population
15,992
Households
2.2
Avg Household Size
31
Median Age
57%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
4,655
Density / Sq Mi
$81,101
Median Household Income
$33,331
Median Earnings
$1,378
Median Rent
$488,900
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
Frequently Asked Questions
What type of property is this?
Short term rental property - Two separate living spaces support rental operation, owner occupancy, or multigenerational use.
Where is this short term rental property located?
The property is located at 814 N Baker St Boise, ID.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: 1,630‑square‑foot main home with 3 bedrooms and 2 bathrooms; Detached 600‑square‑foot ADU with 1 bedroom and 1 bathroom; Currently operating as a short‑term rental; furnishings are included
