Well-Kept Multifamily
179 4th St. N Nampa, ID 83687
179 4th St. N, Nampa, ID, 83687
$760,000
For Sale
$760,000
Fourplex with a strong rental history near downtown.
Property Size3,340 SF
Price / SF$227.54
Days on Market55
Property Features for 179 4th St. N
General Information
- Standard status
- Active
- Size
- 3,340 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2004
Listing Agency
Boise Premier Real Estate
Listed by
Robin Moffitt
Source
Clearwaterproperties
Added: May 25 Checked: Jul 17 at 3:03 am
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 Boise Premier Real Estate
Investment Insights
Based on property information with market context.
This well-maintained fourplex, offering a history of successful rentals, is situated in the northern part of the area, providing convenient access to both downtown and the freeway. Each unit features an open floor plan, incorporating carpet and vinyl flooring, along with kitchens equipped with a bar. On-site amenities include covered parking spaces and guest parking. Appliances such as a washer, dryer, stove, refrigerator, and dishwasher are included in each unit. A city park is located one block away. The owner covers the costs for water, sewer, trash, and irrigation. The property size is 3340 square feet.
Key Highlights
- Well‑maintained 4plex with a strong rental history, indicating consistent income potential.
- Convenient north area location, close to downtown and with easy freeway access.
- Each unit includes essential appliances: washer, dryer, stove, refrigerator, and dishwasher.
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 | $54.1k | $16.20 |
| − Vacancy | −$2.8k | −$0.85 |
| EGI | $51.3k | $15.35 |
| − OpEx | −$15.4k | −$4.61 |
| NOI | $35.9k | $10.75 |
3,340 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.8K
$448.7K – $598.3K
NOI $35,898 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$470.2K
$411.4K – $548.6K
NOI $32,914 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$844.9K
$739.3K – $985.7K
NOI $59,142 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fourplex with a strong rental history near downtown.
Where is this quadplex located?
The property is located at 179 4th St. N Nampa, ID.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Well‑maintained 4plex with a strong rental history, indicating consistent income potential.; Convenient north area location, close to downtown and with easy freeway access.; Each unit includes essential appliances: washer, dryer, stove, refrigerator, and dishwasher.
