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Value-Add Multifamily Apartment Building
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1024 Ivy St, Nampa, ID 83686

Built in 1972, this 16-unit multifamily property features one- and two-bedroom apartments totaling 11,400 sq. ft.

Property Size11,400 SF
Lot Size0.61 Acres
Days on Market123

Property Features for 1024 Ivy St

General Information

Standard status Active
Size 11,400 SF
Lot size 0.61 Acres
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 16

Building Details

Year Built 1972
Listing Agency: Marcus & Millichap - Salt Lake City
Listed By: Jake Miles · License #UT 11449836-SA00
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 7:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Salt Lake City

Investment Insights

Based on property information with market context.

Ivy Suites is a 16-unit value-add multifamily apartment building developed in 1972. The community includes 12 one-bedroom units and 4 two-bedroom units, totaling 11,400 square feet. Units feature open floor plans, and the property sits on 0.61 acres.

The property is located at 1024 Ivy St in Nampa, Idaho. The offering notes convenient access to Downtown Boise and the broader Boise-Nampa metro area.

According to the remarks, the property is currently 100% occupied, and the value-add strategy centers on apartment interior and exterior renovations to support improved rental performance.

Key Highlights

  • 16‑unit multifamily property built in 1972 with 11,400 sq. ft.
  • Unit mix includes 12 one‑bedroom and 4 two‑bedroom apartments.
  • Units are on an open floor plan and sit on 0.61 acres.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Grocery & Convenience Store Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 83686, ID

55,343
Population
20,283
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
87.7 sq mi
ZIP Area
631
Density / Sq Mi
$83,666
Median Household Income
$40,310
Median Earnings
$1,310
Median Rent
$381,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1972, this 16-unit multifamily property features one- and two-bedroom apartments totaling 11,400 sq. ft.
Where is this apartment building located?
The property is located at 1024 Ivy St Nampa, ID.
What are key features of this property?
This property features: 16‑unit multifamily property built in 1972 with 11,400 sq. ft.; Unit mix includes 12 one‑bedroom and 4 two‑bedroom apartments.; Units are on an open floor plan and sit on 0.61 acres.
More about this property
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