Caldwell Multifamily Property For
1413 Missoula Way, Caldwell, ID 83605
Multifamily property with four units near schools and local services.
Type:Multifamily
Property size:
3,456 SFPrice / SF:
$188/SF- Added:
- Feb 12, 2026
- Days on Market:
- 99
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1413 Missoula Way
General Information
- Standard status
- Active
- Size
- 3,456 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1978
Listing agent Joshua Hadder License #SP49400
Listing office Rallens Realty Consultants
Listing date Feb 12, 2026
Source Crexi
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 Rallens Realty Consultants
HighLights
- Four 2‑bedroom/1.5‑bath units at ±864 SF each.
- Convenient access to I‑84, Hwy 20/26, and Hwy 19.
- Minutes to Indian Creek Plaza, a year‑round community hub.
- Established residential pocket near schools and local services.
- Active and growing food & beverage scene tied to the Plaza.
- Access to city parks including Memorial Park (15 acres).
Overview
Constructed in 1978, this multifamily property contains four units. Each unit features 2 bedrooms and 1.5 bathrooms, with an approximate area of 864 square feet, totaling a property size of 3456 square feet. The property is situated in an established residential area, conveniently located near schools and local services. It offers convenient access to I-84, Highway 20/26, and Highway 19, providing easy connectivity throughout the Treasure Valley. The property is located minutes from Indian Creek Plaza, a year-round community hub in Caldwell that hosts events, seasonal attractions, and frequent markets and festivals. The surrounding downtown area features an active and growing food and beverage scene connected to the Plaza's programming. Residents have access to city parks, including Memorial Park, which spans 15 acres and offers courts and playgrounds. Nearby public schools include Washington Elementary, Jefferson Middle School, and Caldwell Senior High.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$551.8K
NOI $49,663 @ 9.00% cap · cautious / downside scenario
Moderate
$709.5K
NOI $49,663 @ 7.00% cap · market / base-case scenario
Aggressive
$993.3K
NOI $49,663 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.7k | $27.12 |
| − Vacancy | −$3.4k | −$0.99 |
| EGI | $90.3k | $26.13 |
| − OpEx | −$40.6k | −$11.76 |
| NOI | $49.7k | $14.37 |
3,456 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$709.5K
$620.8K – $827.7K
NOI $49,663 @ 7.0% cap · market cap 7.64%
Second Best
Multifamily LT 5
$296.2K
$259.2K – $345.6K
NOI $20,735 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$920.5K
$805.5K – $1.07M
NOI $64,436 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Caldwell
- County
- Canyon
- State
- Idaho
- Longitude
- -116.6814569
- Latitude
- 43.6370911
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Multifamily property with four units near schools and local services.
Where is this quadplex located?
The property is located at 1413 Missoula Way Caldwell, ID.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four 2‑bedroom/1.5‑bath units at ±864 SF each.; Convenient access to I‑84, Hwy 20/26, and Hwy 19.; Minutes to Indian Creek Plaza, a year‑round community hub.
