Vacant Duplex with Investment
217 & 219 20th Ave N Nampa, ID 83687
217 & 219 20th Ave N, Nampa, ID, 83687
$579,000
For Sale
$579,000
Vacant duplex featuring two units, each with 3 bedrooms.
Property Size2,316 SF
Price / SF$250
Days on Market54
Property Features for 217 & 219 20th Ave N
General Information
- Standard status
- Active
- Size
- 2,316 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2004
Listing Agency
Silvercreek Realty Group
Listed by
Stephanie Rohrdanz
Source
Clearwaterproperties
Added: May 24 Checked: Jul 15 at 10:30 pm
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This duplex presents an investment opportunity, offering two vacant units. Each unit includes 3 bedrooms, 1.5 bathrooms, an attached garage, and a fenced backyard. The property is situated on a cul-de-sac. With the property currently vacant, new owners have the opportunity to select their own tenants and establish rental rates.
Key Highlights
- Vacant duplex allows for immediate tenant selection and rent control.
- Each unit features 3 bedrooms and 1.5 bathrooms.
- Located on a cul‑de‑sac.
Local Financial Insights For Multifamily LT 5
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 | $37.5k | $16.20 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $35.6k | $15.35 |
| − OpEx | −$10.7k | −$4.61 |
| NOI | $24.9k | $10.75 |
2,316 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.6K
$311.2K – $414.9K
NOI $24,892 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$326.0K
$285.3K – $380.4K
NOI $22,823 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$585.9K
$512.6K – $683.5K
NOI $41,010 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Vacant duplex featuring two units, each with 3 bedrooms.
Where is this duplex located?
The property is located at 217 & 219 20th Ave N Nampa, ID.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Vacant duplex allows for immediate tenant selection and rent control.; Each unit features **3 bedrooms and 1.5 bathrooms**.; Located on a cul‑de‑sac.
