1535 W Alexandra Ln Boise, ID $ 970,000
1535 W Alexandra Ln
$ 970,000
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1535 W Alexandra Ln

Boise, ID, 83705
$ 970,000
Bedrooms8 Baths8.0 Sq 3,800

Monthly Estimate*

$ 6,125

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Multi-Family Home for sale in Boise, ID

for $970,000 with 8 bedrooms and 8 full baths. This 3,800 square foot home was built in 2013 on a lot size of 0.13.

A rare opportunity to acquire a fully occupied, income-generating fourplex offering immediate cash flow from day one. Each of the four units features a spacious 2-bedroom, 2-bathroom layout complete with a full appliance package — refrigerator, range/oven, microwave, dishwasher, and an in-unit washer/dryer — plus the convenience of a covered carport parking space. Location is everything, and this property delivers: situated close to public transit, Boise State University, the Boise Airport, and interstate access, it's perfectly positioned to attract strong, consistent tenant demand. Downtown Boise is less than four miles away, giving residents quick access to the city's best dining, entertainment, and nightlife. With all units leased and cash-flowing, this is a true turnkey investment — a well-located, low-maintenance addition to any income portfolio.

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Multi-Family Active

Price

$ 970,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 8,186

Style

Lot Size

0.13

Year Built

2013

Town/City

Boise

County/Region

Ada

MLS | Web ID

98994837

Features
General
Heating Electric
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Appliances Disposal (All Units)
HOA Fee 0
Gas Y/N Unit 1 Separate Meter
Construction Materials Frame
Year Built 2013
Electric 2961
Property Subtype Quadruplex
Tax Year 2025
Current Use 2-4 Units
Ownership Fee Simple
Gross Income 68820
County Ada
Net Operating Income 44868
Operating Expense 23952
Property Type Residential Income
Subdivision Name Lloyd
Garage Y/N false
Status New
Directions N Vista Ave E Canal St S Victory Rd S Lindsay Ave W Alexandra Ln
High School Borah
City Boise
High School District Boise School District #1
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 5662.8
Carport Y/N true
Listing Terms Cash
Elementary School Hawthorne
Tax Annual Amount 8186.26
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 5735
Cap Rate 4.6
Legal Description Lot 9 in Block 1 of Lloyd Sub according to the official plat thereof filed in Book 95 of Plats at Page(s) 11772 and 11773 and as Amended by an Affidavit recorded October 23 2008 as instrument No. 108117243 official 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 8
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 8
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Exterior
Parking Features Carport
Lot Features Small Lot 5999 SF
Water Source City Service
Total Parking 4
Lot Size Area 0.13
Building Area Total 3800
Lot Size Acres 0.13
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* Excluded Features
List By
Kim Christianson

Listing Agent

Silvercreek Realty Group

Broker

kimberly@mikebrowngroup.com

Email

Affordability Calculator

$6,807
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,125
Monthly Property Taxes
$682
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3176526 Elementary School
397777 Middle School
Borah High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$970,000 Listed Price

Map


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1535 W Alexandra Ln, Boise, ID, 83705 is a Multi-Family Home for sale at $970,000 with 3,800 sqft and a lot size of 0.13. 1535 W Alexandra Ln has 8 bedrooms, 8.0 baths, and was built in 2013. The property's zip code is 83705 which is in Boise, ID