Garden City, ID 83714 5807 N Garrett St
$2,925,000
19 more
Presented By: RE/MAX Advisors
Beds • 16
Baths • 16
SQFT • 11,463
Garage • 1
Home Details
Turnkey 12-unit investment opportunity in Garden City featuring three individually titled 4-plex buildings just steps from the Boise Greenbelt. Owned and meticulously maintained by a single owner, this property boasts a history of thoughtful updates with each tenant turnover, resulting in well-kept interiors and exteriors. Tenant retention is exceptional—some residents have been in place over a decade, with the average stay at 5 years—minimizing vacancy and turnover costs. All units are fully rented with strong rental history and consistent cash flow. The low-maintenance design and ongoing care make this a truly passive investment with solid returns. Located minutes from Downtown Boise, Eagle, and Meridian, the property offers tenants convenience to shopping, dining, and recreation. A rare find in a highly sought-after submarket with growing rental demand and limited inventory. Ideal for investors seeking stable income and long-term upside in the Treasure Valley. *Owner agent*
Presented By: RE/MAX Advisors
Interior Features for 5807 N Garrett St
Bedrooms
Total Bedrooms16
Bathrooms
Total Baths16
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringLaminate, Vinyl
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (All Units)
General for 5807 N Garrett St
Additional Parcels Y/NNo
AppliancesDisposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate4.5
Carport Y/NYes
CityGarden City
Construction MaterialsVinyl Siding
CoolingAll Units, Central Air
CountyAda
Current Use2-4 Units
DirectionsCloverdale / E on Chinden / N on Garrett
DisclosuresProperty Disclosure
Electric760, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
Electric Expense760
Elementary SchoolCD Andrus
Elementary School DistrictWest Ada School District
FreeholdIDX, BBO
Garage Y/NYes
Gas Y/NUnit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
Gross Income194640
HOAYes
HOA Fee$
HeatingForced Air, Natural Gas, Hot Water
High SchoolEagle
High School DistrictWest Ada School District
Home Warranty Y/NNo
Insurance Expense6012
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Legal DescriptionLength
Listing TermsCash, Conventional, Owner Will Carry
Living Area UnitsSquare Feet
Lot Size Square Feet2178000
Lot Size UnitsAcres
MLS AreaBoise W-Garden City - 0650
Maintenance Expense3943
Middle/Junior High SchoolEagle Middle
Middle/Junior School DistrictWest Ada School District
ModificationTimestamp2025-08-01T23:08:19.800Z
Net Operating Income132021
New ConstructionNo
Number Of Units Total12
Operating Expense57270
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Showing InstructionsCall for Instructions
Standard StatusActive
StatusNew
Subdivision Name0 Not Applic.
Tax Annual Amount15832
Tax Year2024
Total Actual Rent10810
UtilitiesSewer Connected, Cable Connected
Virtual TourClick here
Water Sewer Expense15399
Year Built2005
Zoning DescriptionR-20
Exterior for 5807 N Garrett St
Building Area Total11463
FencingVinyl
Horse Y/NNo
InclusionsKitchen Refrigerators (12)
Irrigation Water Rights Y/NNo
Lot Features1/2 - .99 Acre, Sidewalks
Lot Size Acres50
Lot Size Area50
Parking FeaturesCarport, Detached
SpaNo
Total Parking12
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Eagle High School
Middle School
Eagle Middle
Elementary School
CD Andrus Elementary School
Jesus Yerena Delgado
Agent
EN 
ES