109 Adams St., Horseshoe Bend, ID 83629

Horseshoe Bend
Local realty services provided by:ERA West Wind Real Estate
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:50 day(s) ago
  • Updated:April 15, 2026 at 02:12 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
  • 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)
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties.

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