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.
Active
$749,900
109 Adams St, Horseshoe Bend, ID 83629
9beds
5baths
3,682sqft
Multi Family, Mobile Home
Built in 2003
-- sqft lot
$725,200 Zestimate®
$204/sqft
$-- HOA
What's special
Irrigation well
- 184 days |
- 324 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Chet Pipkin Main:208-866-5540,
Pipkin & Associates
Source: IMLS,MLS#: 98975745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Electric, Forced Air
Cooling
- Central Air, Varies by Unit
Appliances
- Included: Disposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units)
- Laundry: In Unit
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 2, Unit 4 Baths: 1
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 3,682
- Total interior livable area: 3,682 sqft
Property
Parking
- Total spaces: 20
Features
- Fencing: Partial,Wire
Lot
- Size: 0.8 Acres
- Dimensions: 206 x 120
- Features: 1/2 - .99 Acre, Irrigation
Details
- Parcel number: RPH0000034008A
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Mobile Home
Materials
- Frame
- Foundation: Crawl Space
- Roof: Composition
Condition
- Year built: 2003
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Horseshoe Bend
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $41,595
- Annual tax amount: $4,136
- Date on market: 2/23/2026
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 5745
Estimated market value
Zestimate®
$725,200
Estimated sales range
$689,000 - $761,000
Rent Zestimate®
$2,225/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $92 +7.9% | $41,595 +6.2% |
| 2024 | $85 +41.9% | $39,181 +23.2% |
| 2023 | $60 -41.2% | $31,798 -4.3% |
| 2022 | $102 -34% | $33,225 +97.2% |
| 2021 | $155 +25.2% | $16,846 +35.8% |
| 2020 | $124 -11.1% | $12,404 +3.6% |
| 2019 | $139 | $11,973 -8.6% |
| 2018 | $139 +34.7% | $13,098 +99.7% |
| 2017 | $103 | $6,558 |
| 2016 | $103 -7.2% | $6,558 -44.2% |
| 2015 | $111 | $11,743 -2.1% |
| 2014 | $111 -52.3% | $11,993 -2% |
| 2013 | $233 | $12,243 -32.8% |
| 2012 | $233 | $18,228 |
| 2011 | -- | $18,228 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83629
Nearby schools
GreatSchools rating
- NAHorseshoe Bend Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Horseshoe Bend Middle-Sr High SchoolGrades: 6-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Horseshoe
- Middle: HorseShoJr
- High: Horseshoe Bend
- District: Horseshoe Bend School District #73
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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