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Two-Unit Duplex with Ample Parking
For Sale
$530,000

2320-2322 E Dewey Ave, Nampa, ID 83686

Residential Income, Nampa, ID

Property Size3,281 SF
Lot Size0.45 Acres
Price / SF$161.54
Days on Market52

Property Features for 2320-2322 E Dewey Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 7, Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1
Parking 8
Parking features RV
Appliances Stove/Range (All Units), Refrigerator (All Units)
Subdivision Park Place
Lot features 10000 S F - .49, Garden, R. V. Parking
Elementary school Sherman
Middle school West Middle Nam
High school Columbia
Elementary school district Nampa School District #131
Middle school district Nampa School District #131
High school district Nampa School District #131
Directions Kings Road, W on Amity, N on Chicago, E on Dewey or 16th Ave, E on 2nd St S, S on Chicago, E on Dewe
Standard status Active
APN 25265000 0
Size 3,281 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 26-3N-2W Se Park Place Tax 95151 In Blk 12
Tax Annual Amount 3719
Legal Description 26-3N-2W Se Park Place Tax 95151 In Blk 12

Utilities

Heating system Baseboard
Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1928
Number of units 2
Building materials Frame, Vinyl Siding
Roof type Composition
Listing Agency: Silvercreek Realty Group
Listed By: Jill Darlingday · License #SP32014
Added: Sep 15 Changed: Nov 4 Last Checked: Nov 5 at 1:06PM
MLS# 99000855

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,281-square-foot duplex contains two residences on a 0.45-acre parcel. One unit has a two-level, four-bedroom layout with 1.5 bathrooms; the other has three bedrooms and two bathrooms. Updates in the first residence include flooring, paint, stainless steel kitchen appliances, and bathrooms with tile showers and vanities. Both units have a stove/range and refrigerator. The frame building has vinyl siding, baseboard heat, window or wall-window cooling, and a composition roof.

The property is in Nampa near Northwest Nazarene University, schools, shopping, and dining. Parking includes RV parking. The parcel also offers outdoor area, and the listing identifies potential for private fenced yards or detached garages.

Key Highlights

  • Two residences totaling 3,281 square feet on a 0.45‑acre lot
  • Unit mix: four bedrooms and 1.5 bathrooms in one unit; three bedrooms and two bathrooms in the other
  • The four‑bedroom unit has a two‑level layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,264
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,280 $705.3K
Cap Rate 7%
$503,771 $503.8K
Cap Rate 9%
$391,822 $391.8K
Market Conditions
NOI Build-Up for 3,281 SF
Gross rent
$53.2K $16.20/SF
− Vacancy
−$2.8K −$0.85/SF
EGI
$50.4K $15.35/SF
− OpEx
−$15.1K −$4.61/SF
NOI
$35.3K $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 Rate 5%
$705,280
Cap Rate 7%
$503,771
Cap Rate 9%
$391,822

Alternative Uses

Best Use
Multifamily LT 5
$503.8K
$440.8K – $587.7K (±1% cap)
NOI $35,264 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$461.9K
$404.2K – $538.9K (±1% cap)
NOI $32,332 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$830.0K
$726.2K – $968.3K (±1% cap)
NOI $58,097 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

172
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

Frequently Asked Questions

What type of property is this?
Duplex - Separate residences offer distinct bedroom and bathroom layouts, with on-site parking and outdoor space.
Where is this duplex located?
The property is located at 2320-2322 E Dewey Ave Nampa, ID.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two residences totaling 3,281 square feet on a 0.45‑acre lot; Unit mix: four bedrooms and 1.5 bathrooms in one unit; three bedrooms and two bathrooms in the other; The four‑bedroom unit has a two‑level layout
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