About 109 Adams St.
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.
Features of 109 Adams St.
| MLS® # | 98975745 |
|---|---|
| Price | $749,900 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 3,682 |
| Acres | 0.80 |
| Year Built | 2003 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 109 Adams St. |
|---|---|
| Area | Horseshoe Bend - Idaho City - 1400 |
| Subdivision | 0 Not Applic. |
| City | Horseshoe Bend |
| County | Boise |
| State | ID |
| Zip Code | 83629 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Parking Spaces | 20 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Disposal (Some Units), Stove/Range (All Units), Refrigerator (Some Units), Washer/Dryer (Some Units) |
|---|---|
| Heating | Electric, Forced Air |
| Cooling | Central Air, Some Units |
| Fireplace | No |
Exterior
| Lot Description | 1/2 - .99 Acre, Irrigation |
|---|---|
| Roof | Composition |
| Foundation | Crawl Space |
School Information
| District | Horseshoe Bend School District #73 |
|---|---|
| Elementary | Horseshoe |
| Middle | HorseShoJr |
| High | Horseshoe Bend |
Additional Information
| Date Listed | February 23rd, 2026 |
|---|---|
| Days on Market | 3 |
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Pipkin & Associates |
|---|---|
| Contact Info | chetpipkin@msn.com |