#98933013, Amber Mausling, Listing Office: Better Homes & Gardens 43North
2516 W Hazel Boise, ID 83702
Property details
About 2516 W Hazel
Located in the heart of Boise’s highly sought-after North End, this fully rented triplex is a rare investment opportunity offering immediate income with an actual CAP Rate of 5.01%—and potential to push 6% with modest rental increases. The property features three updated units, each with separate gas and electric meters, ensuring efficient management. Unit 1 offers 2-bedrooms, 1-bathroom, separate living and kitchen areas, plus a dedicated laundry and storage room. Unit 2 & 3 are both 1-bedroom, 1-bathroom units with separate living and kitchen areas. A large 560 sqft. unfinished attic provides the perfect opportunity to add a 4th unit, further increasing investment returns. Additional features include a full sprinkler system, newer main water line, low maintenance stucco exterior, freshly painted exterior trim, dedicated storage shed for maintenance equipment, and a track record of minimal vacancy in this prime location.
Highlights
Summary
- Total Bedroom Count: 4
- Heating: Electric, Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $750,000
- Price/SqFt: $385
- Lot: Sidewalk
- Directions: From Harrison Blvd., west on Hazel to property at corner of 26th St.
- Year Built: 1925
- Living Area: 1,945 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 98947024
- MLS Name: IMLS 2
- Office Name: Powerhouse Real Estate Group
- Office Phone: (208) 920-5966
- Listing Agent: Jennifer Yates
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Last updated on: 5/18/2025, 2:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
2516 W Hazel
$8,906
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Price information
Property sales
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Tax history
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Nearby schools
6
Lowell Elementary School
Public District PK-6
0.2 mi
•1507 N 28th St
9
Washington Elementary School
Public District PK-6
0.7 mi
•1607 N 15th St
2
Whittier Elementary School
Public District PK-6
0.8 mi
•301 N 29th St
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 $63,627. Typical income of Boise, ID residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 2516 W Hazel in Boise, ID and zip code 83702 in the North End neighborhood. This 1,945 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $750,000.
The number of homes for sale in Boise, ID increased by 93% between March and April 2025. While the average time on the market in April 2025 was 53 days, the median list price was $589,123.