Caldwell Triplex Near College of
1824 Poplar St., Caldwell, ID 83605
MULTI_FAMILY - Caldwell, ID
Property size:
2,955 SFLot size:
0.25 AcresPrice / SF:
$186/SF- Added:
- May 8, 2026
- Days on Market:
- 19
- Last Refresh:
- May 26 at 2:06 pm
Property Features for 1824 Poplar St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bathroom 1, Bathroom 5, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 4, Bathroom 6
- Parking
- 6
- Parking features
- Driveway, Carport
- Fireplace
- 1
- Appliances
- Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Standard status
- Active
- APN
- R0288800000
- Size
- 2,955 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 34-4N-3W NE KINGS REPLAT LT 1 BLK 2
- Tax Annual Amount
- 3557
Utilities
- Heating system
- Electric (Heating), Baseboard, Fireplace(s)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1977
- Number of units
- 3
- Building materials
- Frame
- Roof type
- Composition
Listing agent Tami Mchugh License #AB25327 (208) 989-5777
Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID (208) 377-0422
Listing date May 8, 2026
MLS# 98985590
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.
HighLights
- Well‑maintained triplex near the College of Idaho.
- Two 3‑bedroom, 1.5 bath units feature wood‑burning fireplaces.
- All units include refrigerators and W/D hookups.
- Carports with attached storage rooms.
- Low tenant turnover.
- Opportunity to purchase a second adjacent triplex (1820 Poplar).
Overview
This well-maintained triplex presents a great investment opportunity near the College of Idaho. Located at 1824 Poplar St., Caldwell, ID 83605, the property includes addresses 1824 Poplar, 2810 Ohio, and 2804 Ohio. The building features two units with 3 bedrooms and 1.5 baths each, and a third unit with 1 bedroom and 1 bath. Both 3-bedroom units include wood-burning fireplaces. All units are equipped with refrigerators and washer/dryer hookups. Carports with attached storage rooms are also included. The property is situated on a 0.25-acre lot and the building size is 2955 square feet. The property is one of two triplexes available, located next door to each other. The other triplex is located at 1820 Poplar. The property experiences very low tenant turnover.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$471.8K
NOI $42,464 @ 9.00% cap · cautious / downside scenario
Moderate
$606.6K
NOI $42,464 @ 7.00% cap · market / base-case scenario
Aggressive
$849.3K
NOI $42,464 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.1k | $27.12 |
| − Vacancy | −$2.9k | −$0.99 |
| EGI | $77.2k | $26.13 |
| − OpEx | −$34.7k | −$11.76 |
| NOI | $42.5k | $14.37 |
2,955 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$606.6K
$530.8K – $707.7K
NOI $42,464 @ 7.0% cap · market cap 7.72%
Second Best
Multifamily LT 5
$253.3K
$221.6K – $295.5K
NOI $17,729 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$787.1K
$688.7K – $918.3K
NOI $55,095 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Caldwell
- County
- Canyon
- State
- Idaho
- Longitude
- -116.675852
- Latitude
- 43.645106
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained triplex near the College of Idaho.
Where is this triplex located?
The property is located at 1824 Poplar St. Caldwell, ID.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Well‑maintained triplex near the College of Idaho.; Two 3‑bedroom, 1.5 bath units feature wood‑burning fireplaces.; All units include refrigerators and W/D hookups.
