New Listing
Description
Prime Downtown Nampa 7-Unit Multifamily Investment | Strong Cash Flow & 7.3% Cap Rate. Rare opportunity to acquire a fully renovated 7-unit multifamily property in the heart of Downtown Nampa. Situated on a single mixed-use zoned parcel, this asset includes a 4-plex and 3-plex, offering immediate cash flow, long-term appreciation potential, and future development flexibility. The property generates $10,050/month ($120,600 annually) in rental income and delivers a 7.3% cap rate at the current asking price. Extensive renovations have minimized future capital expenditures, with the 4-plex renovated within the past three years and the 3-plex fully renovated in 2025, creating a turnkey investment with strong tenant appeal. Located in one of Idaho's fastest-growing markets, the property benefits from strong rental demand and walkable access to Downtown Nampa's restaurants, retail, entertainment, and employment centers. Stabilized, income-producing, and positioned for long-term upside.
Details
| MLS # | 98999493 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1906 |
| Days On Site | 5 |
| Listing Provided By | Coldwell Banker Tomlinson | Edenn Jablonski |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 |
| SQ Feet | 5,327 |
| Units | 7 |
| Acreage | 0.16 |
Interior
| Cooling | Ductless/Mini Split |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Ductless/Mini Split |
| Heating Yes / No | Yes |
| Appliances | Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units) |
| Laundry Features | Washer/Dryer Hookups (Some Units) |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | 1/2 - .99 Acre, Bus on City Route, Sidewalks |
| Construction Materials | Stucco |
Utilities
| Utilities | Sewer Connected |
|---|---|
| Electric | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 5148.63 |
| Tax Legal Description | 22-3N-2W SW Nampa Original SE 1/2 Of Lts 26 & 28 Blk 31 |
Area Information
| State | ID |
|---|---|
| County | Canyon |
| City | Nampa |
| Zip Code | 83651 |
| Area | Canyon |
| Community Name | Nampa Original |
| School District | Nampa School District #131 |
| Elementary School | Centennial |
| High School | Nampa |
| Listing VS Median (in Nampa Original) | |
Price: $1,299,900 low | high Med: $299,900 sqft: 5,327 low | high Med: 1,054 $ / sqft: $244 low | high Med: $285 On site: 5 low | high Med: 129 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Canyon |
| City | Nampa |
| Zip Code | 83651 |
| Area | Canyon |
| Community Name | Nampa Original |
| School District | Nampa School District #131 |
| Elementary School | Centennial |
| High School | Nampa |
| Listing VS Median (in Nampa Original) | |
Price: $1,299,900 low | high Med: $299,900 sqft: 5,327 low | high Med: 1,054 $ / sqft: $244 low | high Med: $285 On site: 5 low | high Med: 129 | |
 | $732,000424 S 3rd StreetNampa, ID 83651 |
SERVICING IDAHO SINCE 1985
