Well-Maintained Triplex Near
1820 Poplar St. Caldwell, ID 83605
1820 Poplar St., Caldwell, ID, 83605
$549,900
For Sale
$549,900
Triplex near College of Idaho with low tenant turnover.
Property Size2,800 SF
Price / SF$196.39
Days on Market53
Property Features for 1820 Poplar St.
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1977
Listing Agency
Silvercreek Realty Group
Listed by
Tami Mchugh
Source
Clearwaterproperties
Added: May 25 Checked: Jul 15 at 11:00 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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This well-maintained triplex presents a great investment opportunity near the College of Idaho. The property, with a size of 2800 square feet, includes the addresses 1818, 1820, and 1822 Poplar Street. The building features all 2-bedroom, 1-bath units. Each unit is equipped with wood-burning fireplaces, refrigerators, washer and dryer hookups, and carports with attached storage rooms. The property benefits from very low tenant turnover.
Key Highlights
- Well‑maintained triplex near the College of Idaho.
- All units are 2 bedroom 1 bath.
- Each unit features a wood‑burning fireplace.
Local 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 | $75.9k | $27.12 |
| − Vacancy | −$2.8k | −$0.99 |
| EGI | $73.2k | $26.13 |
| − OpEx | −$32.9k | −$11.76 |
| NOI | $40.2k | $14.37 |
2,800 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$574.8K
$503.0K – $670.6K
NOI $40,236 @ 7.0% cap · market cap 7.32%
Second Best
Multifamily LT 5
$240.0K
$210.0K – $280.0K
NOI $16,799 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$745.8K
$652.6K – $870.1K
NOI $52,205 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex near College of Idaho with low tenant turnover.
Where is this triplex located?
The property is located at 1820 Poplar St. Caldwell, ID.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Well‑maintained triplex near the College of Idaho.; All units are 2 bedroom 1 bath.; Each unit features a wood‑burning fireplace.
