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1119 10Th Ave Unit So, Nampa, ID, 83651

1119 10Th Ave Unit So Nampa, ID 83651

For Sale
$696,500

Two 4-bedroom units with individual meters and garages, offering flexible rental income or owner-occupant use.

Property Size3,842 SF
Lot Size0.16 Acres
Price / SF$181.29
Days on Market107

Property Features for 1119 10Th Ave Unit So

General Information

Standard status
Active
Property type
Duplexes, Multifamily properties, Residential income properties
Size
3,842 SF
Lot size
0.16 Acres

Building Details

Year Built
2022
Listing Agency:
Listed By: Meredith
Added: Apr 9 Changed: Jul 23

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 $62.2k $16.20
− Vacancy −$3.2k −$0.85
EGI $59.0k $15.35
− OpEx −$17.7k −$4.61
NOI $41.3k $10.75
3,842 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$589.9K
$516.2K – $688.2K (±1% cap)
NOI $41,294 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$540.9K
$473.3K – $631.0K (±1% cap)
NOI $37,861 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$971.9K
$850.4K – $1.13M (±1% cap)
NOI $68,031 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Spa & Massage Center Law Firm Nail Salon Gym & Fitness Center

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

FAQs

What type of property is this?
Duplex - Two 4-bedroom units with individual meters and garages, offering flexible rental income or owner-occupant use.
Where is this duplex located?
The property is located at 1119 10Th Ave Unit So Nampa, ID.
What is the asking price?
The asking price for this property is $696,500.
More about this property
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