$6,828 Closing Credit¹
#98933057, John Olsen, Listing Office: Stark Accelerators Commercial Real Estate
$569,990 List price
1608 S Denver Ave Boise, ID 83706
$6,769
Closing credit¹
3 beds
3 baths
1,740 sqft
0.1 acres
$328 / sqft
Multi-Family
Property details
About 1608 S Denver Ave
Amazing opportunity to own & invest in SE Boise! Located just blocks away from BSU, and in close proximity to the Boise airport, Micron, the hospitals, & the lively Boise downtown scene, making this property ideal! This property has three separate apartments. All are 1 bedroom & 1 bath, with full kitchens. Each apartment has their own meter & the tenants pay for the gas & power utilities. All units have been updated within the last 10 years and the main water line from home to street has been replaced & updated. There are 2-3 parking spots behind the backyard in the alley & there is on-street parking in the front of the property. There is a new and convenient laundry facility just across the street on Broadway Ave. All 3 apartments are rented & the vacancy rate has been minimal over the last decade, due to it's incredible location! The cap rate is around 5.8% & has a potential of about 6.4%. Brand new commercial grade water heater installed 2/21/25
Highlights
Home typeTriplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Size1,740 sqft
BasementYes
Lot size0.14 Acres
Year built1926
MLS #98934106
Summary
- MLS Number: 98934106
- MLS Name: IMLS 2
- Office Name: Coldwell Banker Tomlinson
- Office Phone: (208) 336-3393
- Listing Agent: Alexandria Danilovitch
Listings with this icon are © 2025 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$569,990
1608 S Denver Ave
$6,769
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $568,700 | $5,839 |
| 2023 | $610,500 | $4,690 |
| 2022 | $539,800 | $4,690 |
| 2021 | $406,400 | $4,451 |
| 2020 | $321,400 | $4,092 |
| 2019 | $301,200 | $3,841 |
| 2018 | $252,600 | $1,835 |
| 2017 | $214,400 | $1,835 |
History based on county public records data.
Nearby schools
1
Garfield Elementary School
Public District PK-6
0.3 mi
•1914 S Broadway Ave
7
Hawthorne Elementary School
Public District PK-6
1.1 mi
•2401 W Targee St
9
Adams Elementary School
Public District PK-6
1.2 mi
•1725 E Warm Springs Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,364. The majority of Boise, ID residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
45%
<35k
43%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
9%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
2%
12-17 yrs old
58%
18-34 yrs old
25%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
NBA/WNBA
Where do the neighbors shop?
Forever 21
Express/Express For Men
Sam's Club
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Starbucks
What do the neighbors drive?
Mazda
Volkswagen
Pontiac
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#98937959, Sean Lemp, Listing Office: Boise Premier Real Estate
$7,421 Closing Credit¹
#98935769, Cliff Callen, Listing Office: Silvercreek Realty Group
This home is located at 1608 S Denver Ave in Boise, ID and zip code 83706 in the Southeast Boise neighborhood. This 1,740 square foot home, which was built in 1926, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $569,990.
The number of homes for sale in Boise, ID increased by 60.6% between January and February 2025. In February 2025 median list price was $557,713 and the average listing age was 64 days.
From Rocket Homes Real Estate and based on county public records data.