Fourplex Residential Income
16953 N Pamela's Loop Nampa, ID 83651
16953 N Pamela's Loop, Nampa, ID, 83651
$835,000
For Sale
$835,000
MULTI_FAMILY - Nampa, ID
Property Size3,720 SF
Price / SF$224.46
Days on Market50
Property Features for 16953 N Pamela's Loop
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 7, Bathroom 6, Bathroom 5, Bedroom 8, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 8, Bedroom 2, Bedroom 6, Bathroom 7, Bedroom 4, Bedroom 3, Bathroom 1
- Parking
- 2
- Parking features
- Carport
- Fireplace
- 1
- Appliances
- Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- R2442113000
- Size
- 3,720 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 07-3N-2W NE PAMELAS GARDEN EST LT 31 BLK 1
- Tax Annual Amount
- 6052
Utilities
- Heating system
- Forced Air, Natural Gas, Fireplace(s)
- Cooling system
- Central Air
Building Details
- Year built
- 2005
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Frame, Wood Siding
- Roof type
- Composition
Listing Agency
Keller Williams Realty Boise
(208) 672-9000
1065 S Allante, Boise, ID
Listed by
Tracy Grove · License #SP45935
(208) 863-3450
Added: Jun 1 Checked: Jul 20 at 7:06 am
MLS# 98988516
Listing URL
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 well-maintained fourplex offers four rental units in a cohesive, easy-to-manage layout. Updates include LVP and carpet flooring, along with new light fixtures and refreshed finishes. One unit has been fully updated with LVP, carpet, new countertops, and light fixtures, while all four units have received some upgrades, including LVP and carpet and new light fixtures. Each unit is equipped with a refrigerator, washer, dryer, dishwasher, and stove, supporting tenant convenience from day one. Covered parking is provided for residents.
The property is located in central Nampa, Idaho, placing it near shopping, downtown Nampa, schools, and major employment opportunities. The setting is geared toward everyday accessibility for residents.
For investors or owner-operators, the property is presented with tenants in place and established property management. The combination of upgraded unit finishes, included appliances, and community-style amenities such as a clubhouse and tennis courts may appeal to tenants seeking practical in-unit features and shared recreation space.
The property is located in central Nampa, Idaho, placing it near shopping, downtown Nampa, schools, and major employment opportunities. The setting is geared toward everyday accessibility for residents.
For investors or owner-operators, the property is presented with tenants in place and established property management. The combination of upgraded unit finishes, included appliances, and community-style amenities such as a clubhouse and tennis courts may appeal to tenants seeking practical in-unit features and shared recreation space.
Key Highlights
- Well maintained 4‑plex in central Nampa, built in 2005
- Each unit includes refrigerator, washer/dryer, dishwasher, and stove/range, plus covered parking
- Cooling: central air; heating includes forced air with natural gas and fireplace(s)
Local Financial Insights For Multifamily LT 5
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 | $60.3k | $16.20 |
| − Vacancy | −$3.1k | −$0.85 |
| EGI | $57.1k | $15.35 |
| − OpEx | −$17.1k | −$4.61 |
| NOI | $40.0k | $10.75 |
3,720 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$571.2K
$499.8K – $666.4K
NOI $39,983 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$523.7K
$458.2K – $611.0K
NOI $36,659 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$941.0K
$823.4K – $1.10M
NOI $65,871 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with covered parking, upgraded interiors, and unit appliances including in-unit laundry.
Where is this quadplex located?
The property is located at 16953 N Pamela's Loop Nampa, ID.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Well maintained 4‑plex in central Nampa, built in 2005; Each unit includes refrigerator, washer/dryer, dishwasher, and stove/range, plus covered parking; Cooling: central air; heating includes forced air with natural gas and fireplace(s)
