$825,000

Estimated payment $5,043/month

Total Views 424
7 Beds
4 Baths
3,266 Sq Ft
$253 Price per Sq Ft

Highlights

  • 3 Car Detached Garage
  • Garden
  • Washer and Dryer
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Partially Fenced Property

About This Home

Presenting 3110 W Cherry Lane, a fully updated triplex in one of Boise’s most in-demand rental corridors. Whether you’re a seasoned investor, house hacker, or seeking a 1031 exchange replacement, this is a plug-and-play income property with everything in place for immediate cash flow and long-term growth. This income-producing gem was fully renovated in 2022, featuring fresh interior paint, brand-new carpet and durable LVP flooring throughout, plus new A/C wall units to ensure year-round comfort. Quarterly walk throughs and excellent property management have helped to ensure a high level of maintenance and care. All the heavy lifting has been done, featuring one spacious 3-bedroom, 2-bathroom unit and two well-laid-out 2-bedroom, 1-bathroom units, offering rental flexibility and strong, consistent income. All 3 units are leased through May/June, 2026. This is a fantastic opportunity to own a multi-family property in a thriving rental market. Each unit has 1 carport space, and 1 space adjacent to the carport.

Listing Agent

Karey Hunter

Keller Williams Realty Boise Brokerage Phone: 208-672-9000 Listed on: 08/07/2025

Keller Williams Realty Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,309

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 122x75
  • Partially Fenced Property
  • Wood Fence
  • Garden

Parking

  • 3 Car Detached Garage
  • Carport

Home Design

  • 3,266 Sq Ft Home
  • Triplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer and Dryer

Schools

  • Whitney Elementary School
  • South Boise Jr Middle School
  • Borah High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number R9439500014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,309

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1978
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 122x75
  • Ownership: Fee Simple
  • Subdivision Name: Wilper Sub
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Attribution Contact: 208-672-9000
  • Special Features: None

Interior Features

  • Heating: Baseboard
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 7
  • Living Area: 3266

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Construction Type: Frame, Wood Siding

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Three Car, Carport, Detached
  • Total Parking Spaces: 6

Utilities

  • Cooling: Wall/Window Unit(s)
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Elementary School: Whitney
  • Junior High Dist: Boise School District #1
  • High School: Borah
  • Middle Or Junior School: South Boise Jr

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF, Garden
  • Parcel Number: R9439500014
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 9583.2
  • Zoning Description: R-2D

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6309.4

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 4905
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,594 $694,200 -- --
2023 $6,667 $697,100 $0 $0
2022 $5,341 $614,800 $0 $0
2021 $5,149 $470,200 $0 $0
2020 $4,445 $373,900 $0 $0
2019 $4,600 $338,600 $0 $0
2018 $4,032 $265,200 $0 $0
2017 $3,884 $242,600 $0 $0
2016 $3,618 $220,500 $0 $0
2015 $3,467 $212,800 $0 $0
2012 -- $144,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $825,000 -- $253 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Titleone Boise
Interfamily Deed Transfer -- Title One
Warranty Deed -- Title One
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,750 New Conventional
Previous Owner $239,000 New Conventional
Previous Owner $192,500 Adjustable Rate Mortgage/ARM
Previous Owner $27,500 Credit Line Revolving
Previous Owner $190,400 New Conventional
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $124,000 Purchase Money Mortgage
Source: Public Records

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Source: Intermountain MLS

MLS Number: 98957380

Intermountain MLS

APN: R9439500014