Two-Home Income Duplex
219 24th Ave S Nampa, ID 83651
219 24th Ave S, Nampa, ID, 83651
$575,000
For Sale
$575,000
MULTI_FAMILY - Nampa, ID
Property Size2,948 SF
Lot Size0.16 Acres
Price / SF$195.05
Days on Market116
Property Features for 219 24th Ave S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 2
- Appliances
- Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units), Washer/Dryer (Some Units)
- Standard status
- Active
- APN
- 14061000 0
- Size
- 2,948 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 26-3N-2W Nw Park Add Lt 9 In Blk 14 Nampa, ID Canyon County
- Tax Annual Amount
- 3839
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Composition
Listing Agency
Keller Williams Realty Boise
(208) 672-9000
1065 S Allante, Boise, ID
Listed by
Arrow Tallman · License #SP42029
(208) 340-9277
Added: Mar 25 Checked: Jul 18 at 10:06 pm
MLS# 98979325
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.
Investment Insights
Based on property information with market context.
This listing features a duplex-style residential income property with two separate homes on one lot, providing flexibility for owner-occupants and investors. The front home offers a spacious 4-bedroom, 2.5-bath layout with a main-level primary suite. The rear home is a single-level 3-bedroom, 2-bath residence with its own parking and storage. Several key improvements have been completed, including newer roofs in 2022, HVAC/AC systems in 2021, updated windows, and additional updates such as a new water heater in the rear home and an updated electrical panel in the front.
The two homes are separately metered for city services, gas, and power, which can simplify management and billing. The rear home is noted as having a 1-year lease already in place. The property is conveniently located near downtown Nampa and NNU.
For tenants, this configuration supports options ranging from shared-lot living to maintaining separate leases, depending on the buyer’s goals. For buyers, the combination of updated mechanicals and roofing, along with the existing lease situation for the rear home, offers a practical approach to immediate occupancy planning while keeping the front residence available for owner use or future rental.
The two homes are separately metered for city services, gas, and power, which can simplify management and billing. The rear home is noted as having a 1-year lease already in place. The property is conveniently located near downtown Nampa and NNU.
For tenants, this configuration supports options ranging from shared-lot living to maintaining separate leases, depending on the buyer’s goals. For buyers, the combination of updated mechanicals and roofing, along with the existing lease situation for the rear home, offers a practical approach to immediate occupancy planning while keeping the front residence available for owner use or future rental.
Key Highlights
- Two homes on one lot: front 219 24th Ave S (4 bed, 2.5 bath) and rear 221 24th Ave S (3 bed, 2 bath).
- Rear home has its own parking and storage and is currently on a 1‑year lease.
- Newer roof installed in 2022, with HVAC/AC systems updated in 2021.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.8k | $16.20 |
| − Vacancy | −$2.5k | −$0.85 |
| EGI | $45.3k | $15.35 |
| − OpEx | −$13.6k | −$4.61 |
| NOI | $31.7k | $10.75 |
2,948 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.6K
$396.1K – $528.1K
NOI $31,685 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$415.0K
$363.1K – $484.2K
NOI $29,051 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$745.7K
$652.5K – $870.0K
NOI $52,201 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two homes on one lot with separate utility meters and recent major upgrades, including roofs and HVAC systems.
Where is this duplex located?
The property is located at 219 24th Ave S Nampa, ID.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two homes on one lot: front 219 24th Ave S (4 bed, 2.5 bath) and rear 221 24th Ave S (3 bed, 2 bath).; Rear home has its own parking and storage and is currently on a 1‑year lease.; Newer roof installed in 2022, with HVAC/AC systems updated in 2021.
