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About the Listing 10107 - 559047
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
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
98991244
Year Built
1940
Total Square Footage
2,032
Lot/Acreage
0x0
County
Canyon
Neighborhood
0 Not Applic.
School District
Nampa School District #131
Elementary School
Snake River
Middle School
East Valley Middle
High School
Columbia
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances: Stove/Range (All Units), Refrigerator (All Units)
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard,Wall Furnace
- Fireplaces:
- Floor: Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Service
Exterior Details
- Lot Description: 1/2 - .99 Acre,Sewer Connected
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 0x0
- Zoning: Light Industrial/ SFR
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $2,550
- Taxes w/Assessments: N/A
- Tax/Property ID: 12899000 0
- Tax Year: 2025
Payment Calculator
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Questions About..
483 N 1st St Nampa, ID 83651
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