1503 S Nelson Place Boise, ID 83705
Depot Bench NeighborhoodEstimated payment $5,512/month
About This Home
Tucked away in the heart of the Boise Bench, a favorite community for urban living & university students alike, is an incredibly unique and quiet property with a large updated Duplex and 3 additional cozy bungalows, all in a wooded alcove on over 1/2 an acre! It feels like a cabin campsite area in the mountains; yet it's just mins from downtown! The beautifully updated main Mid-century home has a large kitchen, hardwood floors, 3 bed/1.5 bath. The living room boasts a wood beam ceiling, large gas fireplace with sitting hearth and peaceful backyard. The lower level was converted into a separate rental 1 bed/1 bath unit with full kitchen, living and gas fireplace (Potential for airbnb). Plus 3 separate dwellings consisting of a studio unit, a one bed one bath unit and a two bed 1 bath unit. Plenty of open parking, covered carport, and shared laundry building on-site. The private driveway lends itself to the secluded nature of the parcel! A smart portfolio property or incredible development opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,939
Year Built
- Built in 1960
Parking
- 5 Parking Spaces
Home Design
- 3,988 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Schools
- Whitney Elementary School
- South Boise Jr Middle School
- Borah High School
Additional Features
- 0.59 Acre Lot
- No Heating
Listing and Financial Details
- Assessor Parcel Number R1271000065
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $20,731
- Gross Income $68,049
- Net Operating Income $47,318
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,941 | $673,900 | -- | -- |
| 2024 | $5,494 | $653,600 | -- | -- |
| 2023 | $5,555 | $580,700 | $0 | $0 |
| 2022 | $6,126 | $705,400 | $0 | $0 |
| 2021 | $4,569 | $542,100 | $0 | $0 |
| 2020 | $4,467 | $475,700 | $0 | $0 |
| 2019 | $5,021 | $469,600 | $0 | $0 |
| 2018 | $3,999 | $363,000 | $0 | $0 |
| 2017 | $3,699 | $331,000 | $0 | $0 |
| 2016 | $3,437 | $304,200 | $0 | $0 |
| 2015 | $3,119 | $294,200 | $0 | $0 |
| 2012 | -- | $232,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | For Sale | $950,000 | -- | $366 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | Title One Title |
Source: Intermountain MLS
MLS Number: 98964962
APN: R1271000065
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