Three-Bed Multifamily with Fenced
1907 E Railroad Street Nampa, ID 83687
For Sale
$799,000
Multifamily with large three-bedroom units featuring fully fenced backyards and in-unit washer and dryer appliances.
Property Size4,716 SF
Price / SF$169.42
Days on Market73
Property Features for 1907 E Railroad Street
General Information
- Standard status
- Active
- Size
- 4,716 SF
- Property subtype
- Income
Building Details
- Year Built
- 2004
Listing Agency:
Point Realty LLC
(415) 827-2122
Listed By:
Gillian Laughlin
(415) 827-2122
Source:
Homesofidaho
Added: May 12
Changed: Jul 22
Last Checked: Jul 22 at 1:54PM
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 Point Realty LLC
Investment Insights
Based on property information with market context.
This multifamily property consists of large three-bedroom units designed for family living. Each unit includes fully fenced backyards and in-unit washer and dryer appliances. The current rental structure is month-to-month, providing the ability to adjust rents with 30 days’ notice; the most recent rent increase took effect March 1, 2026.
The property offers convenient access to I-84, downtown Nampa, and nearby amenities.
The offering is presented as a value-add opportunity based on rents being significantly below market, along with available rent-increase timing under the month-to-month lease terms.
The property offers convenient access to I-84, downtown Nampa, and nearby amenities.
The offering is presented as a value-add opportunity based on rents being significantly below market, along with available rent-increase timing under the month-to-month lease terms.
Key Highlights
- Multifamily built in 2004 with 4,716 total building area SF
- Large three‑bedroom units with fully fenced backyards
- In‑unit washer and dryer appliances in each unit
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 | $89.4k | $18.96 |
| − Vacancy | −$4.9k | −$1.04 |
| EGI | $84.5k | $17.92 |
| − OpEx | −$38.0k | −$8.06 |
| NOI | $46.5k | $9.85 |
4,716 SF · lease $18.96/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$663.9K
$580.9K – $774.6K
NOI $46,474 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,507 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multifamily with large three-bedroom units featuring fully fenced backyards and in-unit washer and dryer appliances.
Where is this multifamily property located?
The property is located at 1907 E Railroad Street Nampa, ID.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Multifamily built in 2004 with 4,716 total building area SF; Large three‑bedroom units with fully fenced backyards; In‑unit washer and dryer appliances in each unit
