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4-Unit 3-Bedroom Quadplex
For Sale
$875,000

9212 W Brogan Dr -b, Boise, ID 83709

Each residence includes three bedrooms and two bathrooms, with exterior upkeep managed by the owners’ association.

Property Size4,712 SF
Price / SF$185.70
Days on Market74

Property Features for 9212 W Brogan Dr -b

General Information

Standard status Active
Size 4,712 SF
Property subtype Multi-Family

Site & Location

Neighborhood Southwest Ada County Alliance

Units

Unit Mix 4 x 3BR/2BA
Multifamily Units 4

Additional Details

Cap Rate 5.5%

Building Details

Year Built 2006
Buildings 1
Listing Agency: RE/MAX Advisors
Listed By: Darrin Jaszkowiak · License #DB17849
Source: 208doors
Added: Aug 16 Changed: Oct 25 Last Checked: Oct 28 at 11:10AM

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 RE/MAX Advisors

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Investment Insights

Based on property information with market context.

Built in 2006, this 4,712-square-foot quadplex contains four residences, each configured with three bedrooms and two bathrooms. The property has a stable rent history and a reported 5.5% cap rate. Exterior maintenance is handled by the owners’ association, reducing the owner’s direct maintenance responsibilities.

The property is located at 9212 W Brogan Dr in Boise’s South Boise area, within a setting of established single-family homes. Amenities, schools, and parks are nearby. An identical 4-plex is available next door, and three additional 4-plexes are also available.

Key Highlights

  • Four units, each with a 3‑bedroom, 2‑bathroom layout
  • 4,712 square feet, built in 2006
  • Reported 5.5% CAP rate with stable rent history

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,795
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,900 $1.1M
Cap Rate 7%
$811,357 $811.4K
Cap Rate 9%
$631,056 $631.1K
Market Conditions
NOI Build-Up for 4,712 SF
Gross rent
$82.0K $17.40/SF
− Vacancy
−$853 −$0.18/SF
EGI
$81.1K $17.22/SF
− OpEx
−$24.3K −$5.17/SF
NOI
$56.8K $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%
$1,135,900
Cap Rate 7%
$811,357
Cap Rate 9%
$631,056

Alternative Uses

Best Use
Multifamily LT 5
$811.4K
$709.9K – $946.6K (±1% cap)
NOI $56,795 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$707.5K
$619.1K – $825.4K (±1% cap)
NOI $49,524 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,092 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 83709, ID

59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence includes three bedrooms and two bathrooms, with exterior upkeep managed by the owners’ association.
Where is this quadplex located?
The property is located at 9212 W Brogan Dr -b Boise, ID.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Four units, each with a 3‑bedroom, 2‑bathroom layout; 4,712 square feet, built in 2006; Reported 5.5% CAP rate with stable rent history
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Includes: Price & PSF · Cap rate · Location · Zoning

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