Multi-Family Property with RV
New
For Sale
$309,890
15049+ 5th St, Caldwell, ID 83607
MULTI_FAMILY - Caldwell, ID
Property Size1,904 SF
Lot Size0.74 Acres
Price / SF$162.76
Days on Market2
Property Features for 15049+ 5th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 3
Parking
10
Parking features
RV
Subdivision
Sunny Slope
Lot features
1/2 - .99 Acre, R. V. Parking
Elementary school
West Canyon
Middle school
Vallivue Middle
High school
Vallivue
Elementary school district
Vallivue School District #139
Middle school district
Vallivue School District #139
High school district
Vallivue School District #139
Directions
From Apricot to address
Standard status
Active
APN
27233000 0
Size
1,904 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
15-3N-4W Se Sunny Slope Sub 2 Lt 1 & E50' Of Lt 3 Blk 16 T78784
Tax Annual Amount
1022
Legal Description
15-3N-4W Se Sunny Slope Sub 2 Lt 1 & E50' Of Lt 3 Blk 16 T78784
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Well
Amenities
RV site
parking area
pasture
old barn
Building Details
Year built
1944
Number of units
2
Building materials
Brick, HardiPlank Type
Listing Agency:
Authority Real Estate
(208) 475-1475
Listed By:
Christy Niblett · License #43620
(208) 353-6854
Added: Jul 29
Last Checked: Jul 30 at 12:06PM
MLS# 98995592
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 multi-family property includes two homes with separate addresses and separate power meters, both currently occupied by long-term tenants. One is a 978-square-foot stick-built home, and the other is a 924-square-foot fully updated manufactured home. The property is described as well maintained, with an inspected well and septic replaced approximately 4 years ago; it was recently pumped and inspected. An unused RV site is included with a septic dump, and the site notes that power can be added. There is also a 90' x 60' parking area, pasture, and an old barn.
The homes are located at 15049 and 15065 5th Street in Caldwell, Idaho (Canyon County). The seller is reallocating investments and the property is being sold in its present condition. Please do not disturb the tenants; pictures were taken prior to renting.
The homes are located at 15049 and 15065 5th Street in Caldwell, Idaho (Canyon County). The seller is reallocating investments and the property is being sold in its present condition. Please do not disturb the tenants; pictures were taken prior to renting.
Key Highlights
- 0.74‑acre property with 2 rental homes plus an RV space at 15049 and 15065 5th Street
- 2 homes with separate addresses and separate power meters
- Occupied rentals: 978 SF stick‑built home and 924 SF fully updated manufactured home with long‑term tenants
Financial Insights For Apartment 5plus
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 | $51.6k | $27.12 |
| − Vacancy | −$1.9k | −$0.99 |
| EGI | $49.7k | $26.13 |
| − OpEx | −$22.4k | −$11.76 |
| NOI | $27.4k | $14.37 |
1,904 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$390.9K
$342.0K – $456.0K
NOI $27,361 @ 7.0% cap · market cap 8.83%
Second Best
Multifamily LT 5
$163.2K
$142.8K – $190.4K
NOI $11,423 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$507.1K
$443.7K – $591.7K
NOI $35,499 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 83607, ID
36,024
Population
11,858
Households
3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
230.0 sq mi
ZIP Area
157
Density / Sq Mi
$80,170
Median Household Income
$40,259
Median Earnings
$1,404
Median Rent
$385,100
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?
Duplex - Two tenant-occupied homes with separate addresses and power meters plus an included RV site and parking area on 0.74 acres.
Where is this duplex located?
The property is located at 15049+ 5th St Caldwell, ID.
What is the asking price?
The asking price for this property is $309,890.
What are key features of this property?
This property features: 0.74‑acre property with 2 rental homes plus an RV space at 15049 and 15065 5th Street; 2 homes with separate addresses and separate power meters; Occupied rentals: 978 SF stick‑built home and 924 SF fully updated manufactured home with long‑term tenants
