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Description

2104 N 18th Street offers a rare opportunity to acquire a five unit multifamily asset in Boise’s highly desirable and supply constrained North End. The property is ideally located within walking distance to Hyde Park’s restaurants and coffee shops, Camel’s Back Park, and the Boise Foothills trail system. Its irreplaceable five unit density is a significant advantage in a neighborhood where current zoning and historic regulations limit new multifamily development. The asset has successfully operated as a mix of furnished short term and long term rentals, providing flexibility for various investment strategies. Current rents between $1,250 and $1,450 per unit present clear upside to approximately $1,650 with the addition of a small on site laundry facility and strategic management. With strong walkability, ample parking, and proven rental demand, the property offers both stable income and long term appreciation potential.