109 Adams St., Horseshoe Bend, ID 83629
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
109 Adams St.,Horseshoe Bend, ID 83629
$749,900
- 9 Beds
- 5 Baths
- 3,682 sq. ft.
- Multi-family
- Active
Listed by: chet pipkin
Office: pipkin & associates
MLS#:98975745
Source:ID_IMLS
Price summary
- Price:$749,900
- Price per sq. ft.:$203.67
About this home
Assumable Seller Financing | Duplex + 5-Space MHP (7 Income Streams) Duplex and five-space manufactured housing property on ~0.80 acres in Horseshoe Bend. Income includes (2) 2 bed / 1 bath duplex units (built 2002), (2) park-owned homes (home + pad rent), and (3) tenant-owned homes paying lot rent. Current Performance: $67,561 EGI (2% vacancy), $50,896 NOI, 6.79% cap rate. Historically minimal vacancy with several long-term residents. Upside: Approximately $9,600+ in documented rent upside as below-market leases renew, supporting potential NOI of ~$60,362 (8.05% cap at list price). City water/sewer, separately metered electricity, irrigation well. Located ~30 minutes north of Boise via Hwy 55. Assumable seller financing available (subject to approval). Financials and rent roll available upon request.Agent is a member of the LLC that owns the property and is related to the other owner.
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Home facts
- Year built:2003
- Listing ID #:98975745
- Added:107 day(s) ago
- Updated:June 11, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,682 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2003
- Building area:3,682 sq. ft.
- Lot area:0.8 Acres
- Lot Features:Irrigation
- Construction Materials:Frame
- Foundation Description:Crawl Space
Schools
- High school:Horseshoe Bend
- Middle school:HorseShoJr
- Elementary school:Horseshoe
Utilities
- Water:City Service
Finances and disclosures
- Price:$749,900
- Price per sq. ft.:$203.67
- Tax amount:$4,136 (2025)
Features and amenities
- Laundry features:Washer/Dryer Hookups (All Units)
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