Excellent fourplex investment opportunity less than two miles from Boise State University and downtown Boise. Privately set back from the main road, this well-maintained property offers convenient access to the freeway, Airport, dining, shopping, and everything downtown has to offer. Each approximately 950sf unit features two bedrooms, one bathroom, a private outdoor space, designated covered parking, and individual storage. Downstairs residences enjoy private, fenced grassy areas, while the upstairs units feature their own decks. Separate electric and gas meters add convenience for ownership and tenants. Recent updates include newer windows and blinds throughout, individual mini-split systems, and interior / exterior paint, sinks, toilets, flooring, and fencing within the last several years. With a functional layout, strong rental appeal, and a central Boise location near BSU and downtown, this is a standout opportunity for investors looking to add a well-positioned multifamily property to their portfolio.
New
Est. $900,000
2555 W Malad St, Boise, ID 83705
8beds
4baths
3,790sqft
Quadruplex, Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$237/sqft
$-- HOA
What's special
Functional layoutPrivate outdoor spaceIndividual mini-split systemsDesignated covered parking
- 1 day |
- 203 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Matt Bauscher Main:208-391-2391,
Amherst Madison,
Seth Robinson 208-901-8339,
Amherst Madison
Source: IMLS,MLS#: 98997318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Ductless/Mini Split
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
- Has basement: No
Interior area
- Total structure area: 3,790
- Total interior livable area: 3,790 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Fencing: Wood
Lot
- Size: 0.3 Acres
- Features: 10000SF - .49, Near Public Transit, Garden, Sidewalks
Details
- Parcel number: R5254370010
- Zoning: MX-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, HardiPlank Type
- Roof: Composition
Condition
- Year built: 1993
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Boise
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $884,300
- Annual tax amount: $8,162
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 3975
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,644/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,797 -22.2% | $884,300 +2.9% |
| 2024 | $10,016 +33.5% | $859,200 -18.1% |
| 2023 | $7,505 +7.3% | $1,048,900 +21.3% |
| 2022 | $6,992 +16.3% | $864,400 +35.3% |
| 2021 | $6,012 +0.2% | $638,800 +26.1% |
| 2020 | $6,001 +15% | $506,400 +14.5% |
| 2019 | $5,220 +4.5% | $442,300 +28.7% |
| 2018 | $4,996 +18.3% | $343,800 +10% |
| 2017 | $4,222 | $312,600 +21.4% |
| 2016 | $4,222 | $257,400 +15.9% |
| 2015 | $4,222 +15.4% | $222,100 +25.2% |
| 2012 | $3,659 -6.7% | $177,400 -17.1% |
| 2011 | $3,922 -10.9% | $214,100 -16.4% |
| 2010 | $4,400 +1.8% | $256,100 -4.2% |
| 2009 | $4,324 +116.1% | $267,300 -11.6% |
| 2007 | $2,000 -2.9% | $302,300 +10% |
| 2006 | $2,061 +6.9% | $274,800 +27.2% |
| 2003 | $1,927 +5.5% | $216,000 +2.1% |
| 2002 | $1,827 +0.7% | $211,500 |
| 2001 | $1,815 | $211,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Vista
Nearby schools
GreatSchools rating
- 6/10Hawthorne Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 3/10South Junior High SchoolGrades: 7-9Distance: 1.3 mi
- 7/10Borah Senior High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Hawthorne
- Middle: South Boise Jr
- High: Borah
- District: Boise School District #1
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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