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Updated Duplex with Detached Garage
For Sale
$390,000

119 S Holly St, Nampa, ID 83686

Two separately addressed units offer distinct living areas, kitchens, and shared lower-level laundry access.

Property Size2,320 SF
Price / SF$168.10
Days on Market49

Property Features for 119 S Holly St

General Information

Standard status Active
Size 2,320 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs some cosmetic touchups

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 1947
Buildings 1
Listing Agency: Silvercreek Realty Group
Listed By: Martha Huber · License #SP43722
Source: Refinedrealtynw
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 7 at 4:41PM

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 Silvercreek Realty Group

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Investment Insights

Based on property information with market context.

This 1947 duplex contains a 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit, each with its own kitchen, dining area, and living room. The units have separate mailing addresses, while the lower-level laundry includes access from both residences. The property totals 2,320 square feet and includes a detached 17' x 22' garage, additional alley parking, and room for an RV. Improvements include replacement windows, a renewed sewer line, refinished main-level hardwoods, lower-level LVP flooring, rain gutters, a garage door, concrete patio, HVAC system, water heater, back door, fence, landscaping, and sod completed across 2017 through 2025.

The home is near NNU, downtown, parks, and freeway access. It also offers separate exterior access to the laundry area and has received recent work to several major systems and site features. Some cosmetic touchups remain, including areas where older paint colors are visible in the kitchen and bathrooms.

Key Highlights

  • Two‑unit layout with 3‑bedroom upper and 2‑bedroom lower residences
  • 2,320 square feet on a 0.5‑acre lot
  • Detached 17' x 22' garage with alley parking and RV space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,935
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,700 $498.7K
Cap Rate 7%
$356,214 $356.2K
Cap Rate 9%
$277,056 $277.1K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$37.6K $16.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$35.6K $15.35/SF
− OpEx
−$10.7K −$4.61/SF
NOI
$24.9K $10.75/SF
Area
Nampa, ID
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,700
Cap Rate 7%
$356,214
Cap Rate 9%
$277,056

Alternative Uses

Best Use
Multifamily LT 5
$356.2K
$311.7K – $415.6K (±1% cap)
NOI $24,935 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$326.6K
$285.8K – $381.0K (±1% cap)
NOI $22,862 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$586.9K
$513.5K – $684.7K (±1% cap)
NOI $41,081 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

854
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately addressed units offer distinct living areas, kitchens, and shared lower-level laundry access.
Where is this duplex located?
The property is located at 119 S Holly St Nampa, ID.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two‑unit layout with 3‑bedroom upper and 2‑bedroom lower residences; 2,320 square feet on a 0.5‑acre lot; Detached 17' x 22' garage with alley parking and RV space
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