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116 22nd Ave S, Nampa, ID, 83651
Two-Bedroom Duplex With Shared Yard

116 22nd Ave S Nampa, ID 83651

For Sale
$405,000

MULTI_FAMILY - Nampa, ID

Property Size1,884 SF
Lot Size0.16 Acres
Price / SF$214.97
Days on Market95

Property Features for 116 22nd Ave S

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1
Parking 3
Parking features Driveway
Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
Standard status Active
APN R1399200000
Size 1,884 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 26-3N-2W NW PARK ADD LT 8 BLK 7
Tax Annual Amount 2274

Utilities

Heating system Heat Pump (Heating), Forced Air
Cooling system Central Air

Building Details

Year built 1936
Number of units 2
Building materials Stucco
Listing Agency: Amherst Madison
Listed By: Matt Weston · License #SP25525
Added: Apr 27 Changed: Jul 29 Last Checked: Jul 30 at 9:06AM
MLS# 98983826

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 well-maintained duplex offers two separate units, each featuring two bedrooms and one bathroom. The property has been refreshed with new flooring and fresh interior paint, and it includes a newer HVAC system intended to reduce near-term maintenance needs. Outside, the duplex provides driveway parking and alley access, along with a fully fenced shared yard that supports straightforward day-to-day use for residents. A communal laundry area is included, adding convenience while keeping operations more efficient.

Located in an established Nampa neighborhood, the property is described as being just minutes from downtown, shopping, schools, and commuter routes. The combination of alley access and driveway parking provides practical entry and circulation for tenants.

The current tenant-occupied status may appeal to investors seeking a property with occupancy already in place. For owner-occupants, the unit configuration and consistent two-bedroom, one-bath layout can also support a future house-hack approach, depending on how you plan to use the two units. With improvements completed and shared amenities already in the mix, this duplex is positioned for an operator who values a turnkey feel and manageable day-to-day logistics.

Key Highlights

  • Well‑maintained duplex built in 1936 in an established Nampa neighborhood.
  • Two units; each unit has 2 bedrooms and 1 bathroom.
  • Both units updated with new flooring and fresh interior paint.

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 $30.5k $16.20
− Vacancy −$1.6k −$0.85
EGI $28.9k $15.35
− OpEx −$8.7k −$4.61
NOI $20.2k $10.75
1,884 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$289.3K
$253.1K – $337.5K (±1% cap)
NOI $20,249 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$265.2K
$232.1K – $309.4K (±1% cap)
NOI $18,566 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$476.6K
$417.0K – $556.0K (±1% cap)
NOI $33,360 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with updated interiors, convenient laundry access, and driveway parking with fenced shared yard.
Where is this duplex located?
The property is located at 116 22nd Ave S Nampa, ID.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1936 in an established Nampa neighborhood.; Two units; each unit has 2 bedrooms and 1 bathroom.; Both units updated with new flooring and fresh interior paint.
More about this property
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