Triplex with Attached
For Sale
$749,000
Pending
2105 Airport Ave, Caldwell, ID 83605
MULTI_FAMILY - Caldwell, ID
Property Size2,850 SF
Lot Size0.20 Acres
Days on Market147
Property Features for 2105 Airport Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 3
Parking
6
Parking features
Driveway
Appliances
Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units)
Subdivision
Westgate
Lot features
Standard Lot 6000-9999 S F
Elementary school
Lincoln
Middle school
Jefferson
High school
Caldwell
Elementary school district
Caldwell School District #132
Middle school district
Caldwell School District #132
High school district
Caldwell School District #132
Directions
From S 10th Ave / W Ash St / S Airport Ave to property at corner
Standard status
Pending
APN
R0747300000
Size
2,850 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2020
Tax Description
28-4N-3W SE Westgate Sub LT 1 & N 6' of the W 49' LT 2 BLK 1
Tax Annual Amount
4129
Legal Description
28-4N-3W SE Westgate Sub LT 1 & N 6' of the W 49' LT 2 BLK 1
Utilities
Heating system
Electric (Heating), Wall Furnace, Ductless (Heating)
Amenities
private fenced backyards
low-maintenance yards
Building Details
Year built
1967
Number of units
3
Flooring type
Engineered
Building materials
Frame
Roof type
Composition
Listing Agency:
NextHome Treasure Valley
(208) 893-5555
Listed By:
Heath Van Patten · License #SP41834
(208) 284-5081
Added: Mar 13
Changed: Aug 4
Last Checked: Aug 6 at 9:06AM
MLS# 98977876
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.
Investment Insights
Based on property information with market context.
This fully renovated triplex offers three spacious residential units with modern interior finishes. The property was completely remodeled down to the drywall in 2022–2023, with updates including new windows, cabinets, countertops, flooring, HVAC systems, doors, trim, plumbing, and lighting fixtures throughout. Each unit includes extended LVP flooring, indoor washer and dryer hookups, and a modern kitchen equipped with a refrigerator, dishwasher, and stove. Constructed with frame materials, the home features a composition roof and electric heating supported by ductless systems and wall furnaces.
The property includes attached garages, private fenced backyards, and low-maintenance yards, with no HOA restrictions. Additional improvements include a new sewer main and two of three new driveways. All three units are currently occupied by tenants.
Set on a 0.2-acre lot at 2105 Airport Ave in Caldwell, Idaho (Canyon County), this triplex provides a straightforward configuration for residential income with in-unit laundry hookups and updated systems across the entire property.
The property includes attached garages, private fenced backyards, and low-maintenance yards, with no HOA restrictions. Additional improvements include a new sewer main and two of three new driveways. All three units are currently occupied by tenants.
Set on a 0.2-acre lot at 2105 Airport Ave in Caldwell, Idaho (Canyon County), this triplex provides a straightforward configuration for residential income with in-unit laundry hookups and updated systems across the entire property.
Key Highlights
- Fully remodeled down to the drywall in 2022–2023
- Each unit includes indoor washer and dryer hookups and a kitchen with refrigerator, dishwasher, and stove
- Attached garages plus private fenced backyards and low‑maintenance yards
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 | $77.3k | $27.12 |
| − Vacancy | −$2.8k | −$0.99 |
| EGI | $74.5k | $26.13 |
| − OpEx | −$33.5k | −$11.76 |
| NOI | $41.0k | $14.37 |
2,850 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$585.1K
$511.9K – $682.6K
NOI $40,955 @ 7.0% cap · market cap 5.47%
Second Best
Multifamily LT 5
$244.3K
$213.7K – $285.0K
NOI $17,099 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$759.1K
$664.2K – $885.6K
NOI $53,137 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated triplex with attached garages, private fenced backyards, and washer/dryer hookups in each unit.
Where is this triplex located?
The property is located at 2105 Airport Ave Caldwell, ID.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Fully remodeled down to the drywall in 2022–2023; Each unit includes indoor washer and dryer hookups and a kitchen with refrigerator, dishwasher, and stove; Attached garages plus private fenced backyards and low‑maintenance yards
