Eight-Unit Apartment
For Sale
Contact for pricing
624 S 7th Ave., Caldwell, ID 83605
Eight-unit multifamily property with re-roofing completed in 2018 and updated exterior paint and landscaping.
Property SizeContact for details
Days on Market124
Property Features for 624 S 7th Ave.
General Information
Standard status
Active
Property subtype
Multifamily
Financials
Cap Rate
5.99%
Business Included
Yes
Additional Details
Multifamily Units
8
Building Details
Tenancy
Multi
Listing Agency:
Stasch RE
Listed By:
Jared Stasch · License #DB49734
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:59AM
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 Stasch RE
Investment Insights
Based on property information with market context.
This eight-unit apartment building offers a turnkey residential income setup. Improvements include a re-roof completed in 2018, along with new exterior paint and landscaping. Current reported rents have been raised to an average of $838, with the highest rent at $895.
The property is located at 624 S. 7th Ave. in Caldwell, Idaho. It is described as easy to manage and maintain, with a scheduled gross income reported at over $81,000.
Based on the provided figures, the listing notes a 5.99% cap rate on real numbers. The building is offered for sale as a long-term investment opportunity.
The property is located at 624 S. 7th Ave. in Caldwell, Idaho. It is described as easy to manage and maintain, with a scheduled gross income reported at over $81,000.
Based on the provided figures, the listing notes a 5.99% cap rate on real numbers. The building is offered for sale as a long-term investment opportunity.
Key Highlights
- 8‑unit multifamily property with re‑roofing completed in 2018, plus new exterior paint and landscaping
- Rents raised to an average of $838, with the highest rent at $895
- Scheduled gross income of over $81,000
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily property with re-roofing completed in 2018 and updated exterior paint and landscaping.
Where is this apartment building located?
The property is located at 624 S 7th Ave. Caldwell, ID.
What are key features of this property?
This property features: 8‑unit multifamily property with re‑roofing completed in 2018, plus new exterior paint and landscaping; Rents raised to an average of $838, with the highest rent at $895; Scheduled gross income of over $81,000
