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    1216 7th St S Nampa, ID 83651

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    For Sale
    $560,000

    MULTI_FAMILY - Nampa, ID

    Property size:
    2,011 SF
    Price / SF:
    $278/SF
    Added:
    Dec 3, 2025
    Days on Market:
    149
    Last Refresh:
    May 1 at 12:06 pm

    Property Features for 1216 7th St S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
    Parking
    5
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    R1545600000
    Size
    2,011 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    27-3N-2W NW WATERHOUSE ADD NW 68' OF LT 11 BLK 10
    Tax Annual Amount
    2581

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1937
    Number of units
    2
    Building materials
    Stucco
    Roof type
    Metal

    We can help!

    Listing Contact
    Roland Corral
    Roland Corral

    Listing agent Roland Corral License #SP53557

    Listing office Fathom Realty 3573 E Longwing Ln #210, Meridian, ID

    Listing date Dec 3, 2025

    MLS# 98968961 Listing URL

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Duplex in Nampa

    This renovated commercial duplex is currently leased to a barber shop and a downstairs resident. The property has been completely renovated with a modern HVAC system, a metal roof, refinished hardwood flooring, and a new plumbing system installed in 2025. Located in a fantastic location, the property offers the possibility for future tenants to live downstairs and operate their business upstairs. The upstairs unit features 3 offices (potentially 5), a kitchen, a small dining area, and 1 bathroom. The downstairs unit, currently used as a residence, includes 1-2 bedrooms, 1 full bathroom, laundry facilities, and storage space. Both units have separate entrances and are currently occupied. The property includes minimal landscaping, 5 parking spaces, and accessibility features such as a ramp. Situated in a prime location with high traffic, the duplex is next to tax offices and a strip mall with a boba shop and jewelry store. Across the street is a Walgreens, and the property is located near an Albertsons. The building size is 2011 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Canyon Legal Forms Law Firm Canyon Express Drug ... Drug Testing Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.5648892
    Latitude
    43.5739145

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    FAQs

    What type of property is this?
    Duplex - Modern, renovated commercial duplex with income potential in prime location.
    Where is this duplex located?
    The property is located at 1216 7th St S Nampa, ID.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: Completely renovated with modern HVAC, metal roof, refinished hardwood flooring, and new plumbing system (installed 2025).; Prime location with high traffic, next to tax offices and a strip mall, and across the street from Walgreens and Albertsons.; Commercial duplex with two separate units, offering flexibility for tenants or owner‑occupancy.
    (208) 615-2818
    We can help!
    Listing Contact
    Roland Corral
    Roland Corral
    Real Estate License ID: SP53557
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1216 7th St S, Nampa, ID 83651

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