2516 W Hazel
Boise, ID 83702
- 4 beds
- 3 baths
- 1,945 sqft
- 3,920 sqft lot
- $385 per sqft
- 1925 build
- – on site
Located in the heart of Boise’s highly sought-after North End, this fully rented triplex is a rare investment opportunity offering immediate income with an actual CAP Rate of 5.01%—and potential to push 6% with modest rental increases. The property features three updated units, each with separate gas and electric meters, ensuring efficient management. Unit 1 offers 2-bedrooms, 1-bathroom, separate living and kitchen areas, plus a dedicated laundry and storage room. Unit 2 & 3 are both 1-bedroom, 1-bathroom units with separate living and kitchen areas. A large 560 sqft. unfinished attic provides the perfect opportunity to add a 4th unit, further increasing investment returns. Additional features include a full sprinkler system, newer main water line, low maintenance stucco exterior, freshly painted exterior trim, dedicated storage shed for maintenance equipment, and a track record of minimal vacancy in this prime location.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 15, 2025
•
MLS# 98947024 —
The Building
-
Year Built:1925
-
Construction Materials:Frame
-
# of Units Total:3
-
Roof:Composition
-
Building Area Total:1945
-
Above Grade Finished Area Units:Square Feet
-
Below Grade Finished Area Units:Square Feet
Interior
-
Flooring:Vinyl Sheet
-
Laundry Features:Washer/Dryer Hookups (Some Units)
Room Dimensions
-
Living Area:1945
-
Living Area Units:Square Feet
Financial & Terms
-
Listing Terms:Cash
Location
-
Directions:From Harrison Blvd., west on Hazel to property at corner of 26th St.
-
Latitude:43.634813
-
Longitude:-116.220681
-
Coordinates:-116.220681, 43.634813
The Property
-
Parcel Number:R6876000700
-
Property Type:Residential Income
-
Property Subtype:Triplex
-
Zoning Description:ZC-252
-
Current Use:2-4 Units
-
Lot Features:Small Lot 5999 SF
-
Lot Size Area:0.09
-
Lot Size SqFt:3920.4
-
Lot Size Dimensions:72'x55'
-
Lot Size Acres:0.09
-
Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (208) 869-8605
- Office phone:
- (208) 920-5966
Taxes
-
Tax Year:2024
-
Tax Annual Amount:5551.7
-
Tax Legal Description:Lots 11 & 12 Exc E 50' Blk 7 Packenhams Add
Beds
-
Bedrooms Total:4
Baths
-
Total Baths:3
Heating & Cooling
-
Heating:Electric
-
Heating:true
-
Cooling:Wall/Window Unit(s)
-
Cooling:true
Utilities
-
Utilities:Sewer Connected
-
Gas:Unit 1 Separate Meter
-
Water Source:City Service
Appliances
-
Appliances:Disposal (No Units)
Schools
-
Elementary School:Lowell
-
Elementary School District:Boise School District #1
-
Middle Or Junior School:North Jr
-
Middle Or Junior School District:Boise School District #1
-
High School:Boise
-
High School District:Boise School District #1
The Community
-
Subdivision Name:Packenhams Add
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
