5
Baths
3,682 Sq. Ft.
$204 / Sq. Ft.
3,682
Sq. Ft.
$204
per Sq. Ft.

Description

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...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.
  1. Listed by Chet Pipkin • Pipkin & Associates • Main: 208-866-5540

Amenities

  • Air Conditioning
  • Electric Heat
  • Forced Air
  • Laminate Floors
  • Washer / Dryer in Unit
LISTING UPDATED: 02/25/2026 11:03 PM

Property Details for 109 Adams Street

StatusActive
MLS #98975745
Days on Market82
Taxes$4,136 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Other
Year Built2003
Lot Size0.80 AC / 34,848 SF
CountyBoise County

Location

Listing Courtesy of Pipkin & Associates
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Building Information for 109 Adams Street

Stories-Residences7Year Built2003Building Size-Lot Size0.80 AC / 34,848 SF

Payment Calculator

$4,121 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,776

Property Taxes

$345

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 109 Adams Street

Summary
Location and General Information
  • Zoning Description: Commercial
Taxes and HOA
  • Tax Legal Description: HSB SEC 34 TAX 429 HSB 5 MH HOOKUPS DUPLEX
  • Tax Year: 2025
  • Parcel Number: RPH0000034008A
School Information
  • Elementary School: Horseshoe
  • Elementary School District: Horseshoe Bend School District #73
  • HighSchool: Horseshoe Bend
  • HighSchool District: Horseshoe Bend School District #73
  • Middle Or Junior School: HorseShoJr
  • Middle Or Junior School District: Horseshoe Bend School District #73
Parking
  • Parking Total: 20
Property
Lot Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Total: 3682.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area: 3682.0
  • Living Area Units: Square Feet
  • Lot Features: 1/2 - .99 Acre, Irrigation
  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Size Dimensions: 206x120
  • Lot Size Square Feet: 34848.0
  • Lot Size Units: Acres
Property and Assessments
  • Documents Available: Property Disclosure
  • Photos Count: 13
  • Structure Type: Mobile Home
  • Year Built: 2003
Utilities
  • Utilities: Sewer Connected
  • Water Source: City Service
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
  • Fencing: Partial, Wire
  • Roof: Composition
Interior Features
  • Appliances: Disposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units)
  • Cooling: Central Air, Some Units
  • Cooling Available: Yes
  • Electric: 321, 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
  • Flooring: Laminate
  • Foundation Details: Crawl Space
  • Heating: Electric, Forced Air
  • Heating: Yes
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 9
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses Information
  • Gross Income: 67561.0
  • Gross Scheduled Income: 6550.0
  • Net Operating Income: $51,239.00
  • Electric Expense: $321.00
  • Maintenance Expense: $2,200.00
  • Operating Expense: $16,322.00
  • Other Expense: $4,136.00
  • Trash Expense: $1,360.00
  • Water Sewer Expense: $5,000.00
Rental
Rental Information
  • Total Actual Rent: $5,745

Property History for 109 Adams Street

DateEvent & SourcePriceAppreciation
Feb 23, 2026

Listed (Active)

IMLS #98975745

$749,900
DateEvent & SourcePrice
02/23/2026

Listed (Active)

IMLS #98975745

$749,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 109 Adams Street

Taxable ValueLand-Additions$39,181Total-
Tax Record2023$95 ($8 / month)
Home Facts
Total Finished SqFt891 SqFtAbove Grade Finished SqFt891 SqFtStyleMobile / Manufactured HomeYear Built1993CountyBOISEAPNMHH0000034006A

Schools near 109 Adams Street

This home is within Horseshoe Bend School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Horseshoe Bend Elementary School
PublicPK to 5

Horseshoe Bend Middle-Sr High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

109 Adams Street is a multi-family home for sale in Horseshoe Bend, ID 83629. This property was listed for sale on February 23, 2026 by Pipkin & Associates, it's currently listed at $749,900. This listing's school district is Horseshoe Bend School District. Nearby schools include Horseshoe Bend Elementary School and Horseshoe Bend Middle-Sr High School. 109 Adams Street is a 9-bed, 5-bath, 3,682 sqft multi-family home built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pipkin & Associates

Based on information from one of the following Multiple Listing Services: Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.