Residential Income for Sale: 1608 S Denver Ave, Boise, ID 83706

3 beds
1 baths
1,740 sqft
mls #98934106
$569,990
$569,990
1608 S Denver Ave, Boise, ID 83706
3 beds
1 baths
1,740 sqft
mls #98934106
$569,990
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Price:
$569,990
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Type Residential Income
Beds 3
Bathrooms 1
Square Feet 1,740 sqft
Lot Size 0.14 acres
Year Built 1926
City Boise
County Ada
School District Boise School District #1
Subdivision Dundee
MLS 98934106
Status Active
DOM 7 days
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%.

Room Features

Basement Walk-Out Access, Daylight

Lot & Building Features

Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Heating Electric
Cooling Wall/Window Unit(s), All Units
Tax Year 2023
Water City Service
Lot Standard Lot 6000-9999 SF, Bus on City Route, Irrigation

Community and Schools

Elementary School Garfield
Junior High School East Jr
Senior High School Timberline

Price History of 1608 Denver Ave, Boise, ID

Date Name Price Difference
01/23/2025 Listing Price $569,990 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Mike Louie & Jennifer Hickey
Direct: 208-577-7777
Office
9601 W. State St.
Garden City, ID 83714
208-684-0000
Listed by Coldwell Banker Tomlinson, Alexandria Danilovitch
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6.75%
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1608 Denver Ave (MLS #98934106) is a residential income listing located in Boise, ID. This residential income listing is 1,740 sqft and on a lot of 6,098 sqft (or 0.14 acres) with 3 bedrooms, 1 baths and is 99 years old. This property was listed on 01/23/2025 and has been priced for sale at $569,990.

Nearby zip codes are 83705 4207, 83705 4840, 83705, 83706 3741 and 83712. This property neighbors other cities such as Garden City.

IMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Tomlinson

© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by other brokerage firms are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and 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. Data last updated 01/30/2025.