Eight-Bedroom
For Sale
$945,000
1223 S Maple St, Nampa, ID 83686
Residential Income, Nampa, ID
Property Size3,504 SF
Price / SF$269.69
Days on Market50
Property Features for 1223 S Maple St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 6, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 7, Bathroom 3, Bathroom 8, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 2
Parking
8
Parking features
Driveway
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
Kurtz Add
Lot features
10000 S F - .49
Elementary school
Sherman
Middle school
West Middle Nam
High school
Nampa
Elementary school district
Nampa School District #131
Middle school district
Nampa School District #131
High school district
Nampa School District #131
Directions
Heading south on 12th ave from downtown Nampa, turn left onto E. Florida ave. turn right on S maple st. the property is located at the end of the street on the right hand side.
Standard status
Active
APN
R1165700000
Size
3,504 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
34-3N-2W NW KURTZ ADD S 30' OF LT 7 BLK 156 & 1/2 ADJ VAC ST ON S & 1/2 ADJ VAC ALLEY
Tax Annual Amount
5078
Legal Description
34-3N-2W NW KURTZ ADD S 30' OF LT 7 BLK 156 & 1/2 ADJ VAC ST ON S & 1/2 ADJ VAC ALLEY
Utilities
Heating system
Ductless (Heating)
Cooling system
Zoned, Ductless
Building Details
Year built
1979
Number of units
4
Flooring type
Engineered
Building materials
Frame, HardiPlank Type
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Patrick Vanderbeek · License #SP59503
(208) 599-7141
Added: Jul 11
Changed: Aug 19
Last Checked: Aug 29 at 5:06PM
MLS# 98993659
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 quadplex contains 3,504 square feet with eight bedrooms and eight bathrooms across the property. Built in 1979, the improvements feature frame construction with HardiPlank siding, engineered flooring, composition roofing, and ductless heating and cooling with zoning. Each unit includes a disposal, stove/range, refrigerator, and washer/dryer, while driveway parking serves the property.
The property is located in Nampa, Idaho, near downtown Nampa, and has operated as an Airbnb property for the past six years. Its residential layout, full appliance package, and separate ductless climate systems provide a defined multifamily configuration.
The property is located in Nampa, Idaho, near downtown Nampa, and has operated as an Airbnb property for the past six years. Its residential layout, full appliance package, and separate ductless climate systems provide a defined multifamily configuration.
Key Highlights
- 3,504‑square‑foot quadplex with 8 bedrooms and 8 bathrooms
- Built in 1979 with frame construction and HardiPlank siding
- All units include disposal, stove/range, refrigerator, and washer/dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,661
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$753,220
$753.2K
Cap Rate 7%
$538,014
$538.0K
Cap Rate 9%
$418,456
$418.5K
Market Conditions
NOI Build-Up for 3,504 SF
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.
Gross rent
$56.8K $16.20/SF
− Vacancy
−$3.0K −$0.85/SF
EGI
$53.8K $15.35/SF
− OpEx
−$16.1K −$4.61/SF
NOI
$37.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$753,220
Cap Rate 7%
$538,014
Cap Rate 9%
$418,456
Alternative Uses
Best Use
Multifamily LT 5
$538.0K
$470.8K – $627.7K
NOI $37,661 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$493.3K
$431.6K – $575.5K
NOI $34,530 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$886.4K
$775.6K – $1.03M
NOI $62,046 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with furnished kitchens, in-unit laundry, and driveway parking.
Where is this quadplex located?
The property is located at 1223 S Maple St Nampa, ID.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 3,504‑square‑foot quadplex with 8 bedrooms and 8 bathrooms; Built in 1979 with frame construction and HardiPlank siding; All units include disposal, stove/range, refrigerator, and washer/dryer
