Boise Multi-Family Investment
8883 W Dulcimer, Boise, ID 83709
- Added:
- May 14, 2026
- Days on Market:
- 17
- Last Refresh:
- May 30 at 3:06 pm
Property Features for 8883 W Dulcimer
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- R2814140370
- Size
- 2,247 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 19 BLK 03 FIDDLER'S GLEN SUB
- Tax Annual Amount
- 1473
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2002
- Number of units
- 1
- Building materials
- Wood Siding
Listing agent Kirsten Carlson License #SP49785 (206) 851-2479
Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID (208) 377-0422
Listing date May 14, 2026
MLS# 98986553
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.
HighLights
- Tenant occupied at $3,100/mo with lease ending in July, offering flexibility for investors or owner‑occupiers.
- Spacious 3 bedroom, 3 bathroom home with an expansive floor plan.
- Extra‑large walk‑out basement provides additional living and entertaining space.
- Private fenced backyard ideal for relaxing, pets, gardening, or entertaining.
- Double‑car garage and ample storage.
- Located in a highly desirable Boise location.
Overview
This property presents an exceptional investment opportunity or a future owner-occupied home in a highly desirable Boise location. Currently tenant-occupied at $3,100 per month with the lease ending at the end of July, this property offers flexibility for both investors and primary residence buyers. The current tenants would like to stay, creating immediate income potential for a turnkey investment. This spacious home features 3 bedrooms and 3 bathrooms. The expansive floor plan includes an extra-large walk-out basement, offering additional living and entertaining space, perfect for multi-generational living, a media room, a home office, or a recreation area. The home is filled with natural light and designed for comfortable everyday living with generous room sizes throughout. The property includes a double-car garage, ample storage, and a private fenced backyard ideal for relaxing, pets, gardening, or entertaining guests. The functional layout, combined with desirable indoor and outdoor living spaces, makes this home highly appealing to both homeowners and tenants. The property size is 2247 square feet.
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 | $43.4k | $19.32 |
| − Vacancy | −$473 | −$0.21 |
| EGI | $42.9k | $19.11 |
| − OpEx | −$19.3k | −$8.60 |
| NOI | $23.6k | $10.51 |
2,247 SF · lease $19.32/SF/yr · vacancy 1.09% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$337.4K
$295.2K – $393.6K
NOI $23,616 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$620.6K
$543.0K – $724.0K
NOI $43,439 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.292829
- Latitude
- 43.547146
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Spacious Boise home with income potential and flexible living spaces.
Where is this single family property located?
The property is located at 8883 W Dulcimer Boise, ID.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Tenant occupied at $3,100/mo with lease ending in July, offering flexibility for investors or owner‑occupiers.; **Spacious 3 bedroom, 3 bathroom home with an expansive floor plan.**; **Extra‑large walk‑out basement provides additional living and entertaining space.**
