Multifamily Property with Fenced
For Sale
$770,000
1907 S Railroad St, Nampa, ID 83712
Large three-bedroom units offer fenced outdoor space and in-unit washer and dryer appliances.
Property Size4,716 SF
Days on Market156
Property Features for 1907 S Railroad St
General Information
Standard status
Active
Size
4,716 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Amenities
fully fenced backyards
in-unit washer and dryer appliances
Building Details
Building Size
4,716 SF
Year Built
2004
Year Renovated
2024
Units
4
Listing Agency:
TOK Commercial
Listed By:
Moses Mukengezi · License #57246
(208) 914-3625
Source:
Commercialcafe
Added: May 14
Changed: Oct 10
Last Checked: Oct 16 at 5:37AM
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 TOK Commercial
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Investment Insights
Based on property information with market context.
Built in 2004, this multifamily property offers large three-bedroom units configured for residential occupancy. Each unit includes a fully fenced backyard along with an in-unit washer and dryer. All units are leased month to month, with rent changes available upon 30 days’ notice; the latest increase took effect March 1, 2026.
The property is located at 907 S Railroad St in Nampa, near I-84 and downtown Nampa. Local amenities are also within convenient reach. The broader Boise metro recorded occupancy above 95%, while new construction starts were reported to be down more than 60% from peak levels.
The property is located at 907 S Railroad St in Nampa, near I-84 and downtown Nampa. Local amenities are also within convenient reach. The broader Boise metro recorded occupancy above 95%, while new construction starts were reported to be down more than 60% from peak levels.
Key Highlights
- Large three‑bedroom units
- Fully fenced backyard with each unit
- In‑unit washer and dryer appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,474
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,480
$929.5K
Cap Rate 7%
$663,914
$663.9K
Cap Rate 9%
$516,378
$516.4K
Market Conditions
NOI Build-Up for 4,716 SF
Gross rent
$89.4K $18.96/SF
− Vacancy
−$4.9K −$1.04/SF
EGI
$84.5K $17.92/SF
− OpEx
−$38.0K −$8.06/SF
NOI
$46.5K $9.85/SF
Area
Nampa, ID
Vacancy
5.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,480
Cap Rate 7%
$663,914
Cap Rate 9%
$516,378
Alternative Uses
Best Use
Apartment 5plus
$663.9K
$580.9K – $774.6K
NOI $46,474 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,507 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
Demographics for 83712, ID
8,908
Population
4,606
Households
1.9
Avg Household Size
42
Median Age
62%
College-Educated
97%
High-School Grad
22.9 sq mi
ZIP Area
389
Density / Sq Mi
$105,764
Median Household Income
$56,280
Median Earnings
$1,368
Median Rent
$757,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Large three-bedroom units offer fenced outdoor space and in-unit washer and dryer appliances.
Where is this multifamily property located?
The property is located at 1907 S Railroad St Nampa, ID.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Large three‑bedroom units; Fully fenced backyard with each unit; In‑unit washer and dryer appliances
