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Updated Duplex with Attached Apartment
New
For Sale
$475,000

215 S Juniper St, Nampa, ID 83686

Two living units include a main residence and a separately entered apartment.

Property Size2,826 SF
Price / SF$168.08
Days on Market6

Property Features for 215 S Juniper St

General Information

Standard status Active
Size 2,826 SF
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 4BR/2.5BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Cap Rate 6%
Utilities to Site Yes

Amenities

abundant storage
fully covered patio
fully fenced yard

Building Details

Year Built 1946
Buildings 1
Tenancy Multi
Listing Agency: Mountain Realty
Listed By: Tyler Turnbull · License #SP50197
Source: Truenorthrealestategroupllc
Added: Sep 8 Changed: Sep 12 Last Checked: Sep 12 at 11:05AM

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 Mountain Realty

Investment Insights

Based on property information with market context.

This 2,826-square-foot duplex, built in 1946, combines a four-bedroom, 2.5-bath main residence with a finished basement and an attached apartment. The secondary unit has its own entrance, kitchen, bedroom, bathroom, living area, and washer and dryer. Property improvements include newer interior paint, a tankless water heater, and an HVAC system approximately 2 years old.

Additional features include substantial storage, a fully covered patio, a 2-car garage, and a fully fenced yard. Both units are currently leased and operate on one utility meter. Located at 215 S Juniper St in Nampa, Idaho, the property offers an established two-unit configuration with separate residential spaces.

Key Highlights

  • 2,826‑square‑foot duplex built in 1946
  • Four‑bedroom, 2.5‑bath main residence with finished basement
  • Attached apartment includes separate entrance, kitchen, bedroom, bathroom, living room, and washer/dryer

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,374
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.39%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$607,480 $607.5K
Cap Rate 7%
$433,914 $433.9K
Cap Rate 9%
$337,489 $337.5K
Market Conditions
NOI Build-Up for 2,826 SF 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.
Gross rent
$45.8K $16.20/SF
− Vacancy
−$2.4K −$0.85/SF
EGI
$43.4K $15.35/SF
− OpEx
−$13.0K −$4.61/SF
NOI
$30.4K $10.75/SF
Area
Nampa, ID
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$607,480
Cap Rate 7%
$433,914
Cap Rate 9%
$337,489

Alternative Uses

Best Use
Multifamily LT 5
$433.9K
$379.7K – $506.2K (±1% cap)
NOI $30,374 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$397.8K
$348.1K – $464.2K (±1% cap)
NOI $27,849 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$714.9K
$625.5K – $834.0K (±1% cap)
NOI $50,041 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

Demographics for 83686, ID

55,343
Population
20,283
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
87.7 sq mi
ZIP Area
631
Density / Sq Mi
$83,666
Median Household Income
$40,310
Median Earnings
$1,310
Median Rent
$381,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two living units include a main residence and a separately entered apartment.
Where is this duplex located?
The property is located at 215 S Juniper St Nampa, ID.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,826‑square‑foot duplex built in 1946; Four‑bedroom, 2.5‑bath main residence with finished basement; Attached apartment includes separate entrance, kitchen, bedroom, bathroom, living room, and washer/dryer
More about this property
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