3201 W Cherry Ln Boise, ID $ 375,000
3201 W Cherry Ln
$ 375,000
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3201 W Cherry Ln

Boise, ID, 83705
$ 375,000
Bedrooms3 Baths1.1 Sq 1,196

Monthly Estimate*

$ 2,340

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Multi-Family Home for sale in Boise, ID

for $375,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,196 square foot home was built in 1987 on a lot size of 0.03.

Investor alert! This charming 3-bedroom, 1.5-bath townhouse on the Boise Bench offers a strong rental opportunity with a lease in place through August 2027. The spacious living room showcases beautiful hardwood floors, while the bright kitchen provides ample cabinetry and stainless steel appliances. All appliances (fridge, washer and dryer) are included for added convenience. The primary suite features double closets for excellent storage, and a 1-car garage adds extra functionality. Recent updates include freshly painted ceilings, trim, and baseboards, a new sliding glass door (2025), resealed common driveway (2025), replaced water heater heating element (2021), and professional HVAC cleaning (2021). With thoughtful maintenance and updates already completed, this property delivers a reliable, turnkey investment just minutes from downtown Boise, BSU, the Boise airport, and freeway access!

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Multi-Family Active

Price

$ 375,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 2,916

Style

Lot Size

0.03

Year Built

1987

Town/City

Boise

County/Region

Ada

MLS | Web ID

98963918

Features
General
Heating Forced Air
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Appliances Disposal (All Units)
HOA Fee 75
Garage Spaces 1
Gas Y/N Unit 1 Separate Meter
Construction Materials Frame
Year Built 1987
Electric Unit 1 Separate Meter
Property Subtype Other
Tax Year 2024
Current Use Condo/Townhouse
Ownership Fee Simple
Gross Income 21600
Assoc Fee Paid Per Monthly
County Ada
Net Operating Income 17534
Operating Expense 4066
Property Type Residential Income
Subdivision Name 0 Not Applic.
Garage Y/N true
Status Active
Directions Overland Rd S Owyhee St E Cherry Ln
High School Borah
City Boise
High School District Boise School District #1
Number Of Units Total 1
MLS Area Boise Bench - 0400
Lot Size Units Acres
Lot Size Square Feet 1306.8
Carport Y/N false
Listing Terms Cash
Elementary School Whitney
Tax Annual Amount 2916.54
Middle/Junior High School South Boise Jr
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Boise School District #1
Elementary School District Boise School District #1
Total Actual Rent 1800
Cap Rate 4.7
Legal Description Lot 2 in Block 1 of Lingrey Lane Townhouses according to the official plat thereof filed in Book 55 of Plats at Page 4989 & 4980 & Amended by Affidavit recorded September 9 1987 as Instrument No.8751494 records of Ada County Idaho.
LeasableAreaUnits Square Feet
Freehold IDX
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Interior
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer/Dryer Hookups (All Units)
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Parking Features One Car
Lot Features Small Lot 5999 SF
Water Source City Service
Total Parking 1
Lot Size Area 0.03
Building Area Total 1196
Lot Dimensions 40x36.67
Lot Size Acres 0.03
Covered Spaces 1
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* Excluded Features
List By
Audra Sherman

Listing Agent

Silvercreek Realty Group

Broker

audra@mikebrowngroup.com

Email

Affordability Calculator

$2,583
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
397588 Elementary School
397777 Middle School
Borah High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$375,000 Listed Price

Map


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3201 W Cherry Ln, Boise, ID, 83705 is a Multi-Family Home for sale at $375,000 with 1,196 sqft and a lot size of 0.03. 3201 W Cherry Ln has 3 bedrooms, 1.1 baths, and was built in 1987. The property's zip code is 83705 which is in Boise, ID