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    Well-Maintained Triplex Portfolio Title is generated by Realmo AI

    1820 Poplar St., Caldwell, ID 83605

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    Claim this Listing
    Pending
    $549,900

    MULTI_FAMILY - Caldwell, ID

    Property size:
    2,800 SF
    Lot size:
    0.23 Acres
    Added:
    May 8, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 24 at 12:06 am

    Property Features for 1820 Poplar St.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1
    Parking
    6
    Parking features
    Carport, Driveway
    Fireplace
    1
    Appliances
    Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
    Standard status
    Pending
    APN
    R0288900000
    Size
    2,800 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    34-4N-3W NE KINGS REPLAT LOT 2 BLK 2
    Tax Annual Amount
    3425

    Utilities

    Heating system
    Electric (Heating), Baseboard, Fireplace(s)
    Cooling system
    Window Unit(s), Wall/Window Unit(s)

    Building Details

    Year built
    1977
    Number of units
    3
    Building materials
    Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Tami Mchugh
    Tami Mchugh

    Listing agent Tami Mchugh License #AB25327

    Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID

    Listing date May 8, 2026

    MLS# 98985603 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.

    HighLights

    • Two triplexes available next door to each other near the College of Idaho
    • Triplex includes addresses 1818, 1820, and 1822 Poplar
    • All units are 2 bedrooms / 1 bathroom
    • Each unit has a wood‑burning fireplace, refrigerator, and W/D hookups
    • Carports with attached storage rooms for each unit; driveway parking available
    • 1977 construction with frame exterior and composition roof; baseboard and electric heating plus window/wall A/C units

    Overview

    This offering includes two well-maintained triplex properties next door to each other on Poplar Street. One triplex is at 1818, 1820, and 1822 Poplar, and the other is listed as 1824 Poplar. Across the buildings, each unit is a two-bedroom, one-bath layout. Interiors include wood-burning fireplaces, refrigerators, and washer/dryer hookups. Each unit also has a carport with an attached storage room, providing dedicated off-street parking and additional space for residents.

    The properties are located in Caldwell, Idaho, near the College of Idaho. With the two triplexes positioned side by side, the configuration offers a straightforward ownership structure for an investor or buyer looking to manage multiple similar income units in close proximity.

    Each unit’s amenity package is consistent, which can simplify tenant move-ins and maintenance planning. The seller also notes very low tenant turnover, suggesting established residency and operational stability. For buyers seeking a small multifamily portfolio with uniform unit types and practical in-unit features like fireplaces and W/D hookups, these triplex buildings provide a focused option in a residential income format.

    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 (±1% cap)
    NOI $40,236 @ 7.0% cap · market cap 7.32%
    Second Best
    Multifamily LT 5
    $240.0K
    $210.0K – $280.0K (±1% cap)
    NOI $16,799 @ 7.0% cap · market cap 3.05%
    Theoretical Best
    Office A
    $745.8K
    $652.6K – $870.1K (±1% cap)
    NOI $52,205 @ 7.0% cap · market cap 9.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.676119
    Latitude
    43.645168

    FAQs

    What type of property is this?
    Triplex - Two side-by-side triplexes offering consistent two-bedroom, one-bath units with fireplaces and attached storage carports.
    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: Two triplexes available next door to each other near the College of Idaho; Triplex includes addresses 1818, 1820, and 1822 Poplar; All units are 2 bedrooms / 1 bathroom
    More about this property
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