Fourplex with Covered
For Sale
$750,000
179 4th St. N, Nampa, ID 83687
MULTI_FAMILY - Nampa, ID
Property Size3,340 SF
Lot Size0.23 Acres
Price / SF$224.55
Days on Market96
Property Features for 179 4th St. N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking
14
Parking features
Carport, Driveway
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
Nampa City Acre
Lot features
10000 S F - .49
Elementary school
Endeavor Nampa
Middle school
East Valley Mid
High school
Columbia
Elementary school district
Nampa School District #131
Middle school district
Nampa School District #131
High school district
Nampa School District #131
Directions
Northside Blvd - East on 4th Street N
Standard status
Active
APN
R12815010000
Size
3,340 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
15-3N-2W Sw Nampa City Acres 2 Tx 02704 Ls Tx 02699 Lt 27,28 Blk 11
Tax Annual Amount
4661
Legal Description
15-3N-2W Sw Nampa City Acres 2 Tx 02704 Ls Tx 02699 Lt 27,28 Blk 11
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Amenities
appliances
Building Details
Year built
2004
Number of units
4
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Boise Premier Real Estate
(208) 639-0656
Listed By:
Robin Moffitt · License #AB15562
(208) 602-1909
Added: May 8
Changed: Aug 2
Last Checked: Aug 11 at 9:06AM
MLS# 98985703
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 4-unit quadplex offers an open floor plan in each unit with carpet and vinyl flooring, plus kitchens with a bar. The property includes appliances for all units, including washer/dryer, stove/range, refrigerator, disposal, and dishwasher. Exterior materials include vinyl siding and a composition roof. Heating is natural gas and cooling is central air. The building includes carport and driveway parking, with additional covered and guest parking described onsite.
The property sits on a 0.23-acre lot with a 3,340-square-foot building constructed in 2004. The owner pays water, sewer, trash, and irrigation. A city park is one block away. Tenants are in place, so do not disturb. Buyer to verify all.
The property sits on a 0.23-acre lot with a 3,340-square-foot building constructed in 2004. The owner pays water, sewer, trash, and irrigation. A city park is one block away. Tenants are in place, so do not disturb. Buyer to verify all.
Key Highlights
- 4‑unit quadplex with open floor plans and kitchen bar features
- 3,340 SF building on a 0.23‑acre lot built in 2004
- Natural gas heating and central air
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,898
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$717,960
$718.0K
Cap Rate 7%
$512,829
$512.8K
Cap Rate 9%
$398,867
$398.9K
Market Conditions
NOI Build-Up for 3,340 SF
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.
Gross rent
$54.1K $16.20/SF
− Vacancy
−$2.8K −$0.85/SF
EGI
$51.3K $15.35/SF
− OpEx
−$15.4K −$4.61/SF
NOI
$35.9K $10.75/SF
Area
Nampa, ID
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$717,960
Cap Rate 7%
$512,829
Cap Rate 9%
$398,867
Alternative Uses
Best Use
Multifamily LT 5
$512.8K
$448.7K – $598.3K
NOI $35,898 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$470.2K
$411.4K – $548.6K
NOI $32,914 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$844.9K
$739.3K – $985.7K
NOI $59,142 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
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?
Quadplex - Well-maintained 4-unit property on a small lot with carport and driveway parking, central air, and in-unit appliances.
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 $750,000.
What are key features of this property?
This property features: 4‑unit quadplex with open floor plans and kitchen bar features; 3,340 SF building on a 0.23‑acre lot built in 2004; Natural gas heating and central air
