Five-Plex Multifamily
316 Fillmore St. Caldwell, ID 83605
316 Fillmore St., Caldwell, ID, 83605
$599,000
For Sale
$599,000
Five-plex multifamily building with off-street parking and convenient access to downtown and shopping.
Property Size2,562 SF
Price / SF$233.80
Days on Market131
Property Features for 316 Fillmore St.
General Information
- Standard status
- Active
- Size
- 2,562 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
Out West Realty
(208) 509-8005
Listed by
Jennie Capuano
(208) 509-8005
Source
Homesofidaho
Added: Mar 13 Updated: Jul 20 at 7:10PM Checked: Jul 20 at 7:10PM
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 Out West Realty
Investment Insights
Based on property information with market context.
This five-plex multifamily property is being offered for sale. The building consists of five separate units, each described as offering comfortable living space. The property includes off-street parking for residents.
Located in Caldwell, the listing notes convenient access to downtown, shopping, dining, and freeway access, supporting a tenant-friendly commute and daily needs.
The seller indicates owner carry may be available with a good down payment, and the property is positioned as an investment opportunity for investors seeking rental income.
Located in Caldwell, the listing notes convenient access to downtown, shopping, dining, and freeway access, supporting a tenant-friendly commute and daily needs.
The seller indicates owner carry may be available with a good down payment, and the property is positioned as an investment opportunity for investors seeking rental income.
Key Highlights
- Five‑plex multifamily property with 6 total bedrooms and 2,562 sq ft total building area
- Heating and air conditioning available (both Y/N: Yes)
- Off‑street parking included and located on a standard 0.21‑acre (about 9,148 SF) lot
Local 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 | $69.5k | $27.12 |
| − Vacancy | −$2.5k | −$0.99 |
| EGI | $66.9k | $26.13 |
| − OpEx | −$30.1k | −$11.76 |
| NOI | $36.8k | $14.37 |
2,562 SF · lease $27.12/SF/yr · vacancy 3.66% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$525.9K
$460.2K – $613.6K
NOI $36,816 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$682.4K
$597.1K – $796.1K
NOI $47,768 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-plex multifamily building with off-street parking and convenient access to downtown and shopping.
Where is this apartment building located?
The property is located at 316 Fillmore St. Caldwell, ID.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Five‑plex multifamily property with 6 total bedrooms and 2,562 sq ft total building area; Heating and air conditioning available (both Y/N: Yes); Off‑street parking included and located on a standard 0.21‑acre (about 9,148 SF) lot
