#98933057, John Olsen, Listing Office: Stark Accelerators Commercial Real Estate
1608 S Denver Ave Boise, ID 83706
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
Summary
- MLS Number: 98934106
- MLS Name: IMLS 2
- Office Name: Coldwell Banker Tomlinson
- Office Phone: (208) 336-3393
- Listing Agent: Alexandria Danilovitch
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Last updated on: 3/14/2025, 11:20:52 AM 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. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Similar homes for sale
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 inventory of homes for sale in Boise, ID between January and February 2025 increased by 60.6%. In February 2025 median list price was $557,713 and the average listing age was 64 days.