Multi Family Home

483 N 1st St

Nampa, ID 83651

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ActiveMLS® 98991244
$625,000
483 N 1st St, Nampa, ID 83651
6 Bds 4 Ba 2,032 Sq.Ft. Ac
Description

Turnkey Multi-Family Investment Opportunity Rare opportunity to own a unique income-producing property at 483 1st St N in Nampa. Unlike a traditional fourplex, this property features four detached residential units on one parcel, offering tenants greater privacy and a single-family-home feel that helps drive strong occupancy and tenant retention. The property consists of three 1-bedroom, 1-bath units and one 3-bedroom, 1-bath home. Fully leased with new one-year leases in place, this investment provides immediate and stable cash flow from day one Investment highlights include a 5.8% cap rate, 100% occupancy, strong rental history, diverse unit mix, and excellent long-term appreciation potential. Conveniently located near downtown Nampa, shopping, dining, schools, parks, and major commuter routes, the property benefits from strong rental demand in one of Idaho's fastest-growing markets. An ideal opportunity for investors seeking a turnkey asset, portfolio expansion, or a 1031 exchange replacement property

Interior
  • Appliances Stove/Range (All Units), Refrigerator (All Units)
  • Flooring Laminate, Vinyl
  • A/C Wall/Window Unit(s)
  • Heating Baseboard, Wall Furnace
Exterior and Construction
  • Construction materials Wood Siding
  • Roofing Composition
Utilities
  • Utilities Sewer Connected
  • Water City Service
Land and Lot
  • Current Use Single Family, Industrial
  • Lot description 1/2 - .99 Acre
Location and Zoning
  • Zoning description Light Industrial/ SFR
  • County Canyon
  • Subdivision 0 Not Applic.
Schools
  • High School Columbia
  • School District Nampa School District #131
  • Elementary School Snake River
  • Junior High School East Valley Mid
Tax and Legal
  • Annual tax $2,550
  • Tax year 2025
  • Parcel number 12899000 0
  • Legal description 22-3N-2W Nw Nampa City Acres 3 Lot 27 Less Nw 5' Of Ne 65' Blk 16
Parking and Garage
  • Parking spaces 10
  • Parking Parking spaces: 10

Listing Information

Listing Agent
Kirsten Carlson
Listing Office
Silvercreek Realty Group
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