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    Triplex Investment Property with Carports Title is generated by Realmo AI

    1824 Poplar St., Caldwell, ID 83605

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    Claim this Listing
    Pending
    $549,900

    MULTI_FAMILY - Caldwell, ID

    Property size:
    2,955 SF
    Lot size:
    0.25 Acres
    Added:
    May 8, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 24 at 12:06 am

    Property Features for 1824 Poplar St.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
    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
    R0288800000
    Size
    2,955 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    34-4N-3W NE KINGS REPLAT LT 1 BLK 2
    Tax Annual Amount
    3557

    Utilities

    Heating system
    Electric (Heating), Baseboard, Fireplace(s)
    Cooling system
    Wall/Window Unit(s), 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# 98985590 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

    • Triplex built in 1977 with frame construction and composition roof
    • Unit mix: two 3BD/1.5BA units plus one 1BD/1BA unit
    • Wood‑burning fireplace(s) in both 3‑bedroom units
    • Kitchen and laundry amenities: stove/range and refrigerator for all units; W/D hookups and washer/dryer listed
    • Parking: carports and driveways, with carport storage rooms attached
    • Addresses included: 1824 Poplar, 2810 Ohio, and 2804 Ohio

    Overview

    This offering includes well-maintained triplexes near the College of Idaho, with two triplexes available that are next door to each other. One building includes the addresses 1824 Poplar, 2810 Ohio, and 2804 Ohio. In this triplex, there are two units with 3 bedrooms and 1.5 baths, along with a third unit featuring 1 bedroom and 1 bath.

    The two 3-bedroom units include wood-burning fireplaces. Each unit is equipped with a refrigerator and has W/D hookups. The property also features carports with attached storage rooms.

    The unit mix supports a variety of tenant needs within the same building, with larger layouts that include fireplaces and smaller, single-bedroom living space. Carports with storage and in-unit refrigerator and laundry hookups add day-to-day practicality for residents. Public remarks also indicate very low tenant turnover, which may be beneficial for operators seeking stability.

    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 $80.1k $27.12
    − Vacancy −$2.9k −$0.99
    EGI $77.2k $26.13
    − OpEx −$34.7k −$11.76
    NOI $42.5k $14.37
    2,955 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $606.6K
    $530.8K – $707.7K (±1% cap)
    NOI $42,464 @ 7.0% cap · market cap 7.72%
    Second Best
    Multifamily LT 5
    $253.3K
    $221.6K – $295.5K (±1% cap)
    NOI $17,729 @ 7.0% cap · market cap 3.22%
    Theoretical Best
    Office A
    $787.1K
    $688.7K – $918.3K (±1% cap)
    NOI $55,095 @ 7.0% cap · market cap 10.02%
    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
    -116.675852
    Latitude
    43.645106

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex near the College of Idaho with two 3-bedroom units and one 1-bedroom unit plus carports.
    Where is this triplex located?
    The property is located at 1824 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: Triplex built in 1977 with frame construction and composition roof; Unit mix: two 3BD/1.5BA units plus one 1BD/1BA unit; Wood‑burning fireplace(s) in both 3‑bedroom units
    More about this property
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