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    Five-Plex Multifamily Property Title is generated by Realmo AI

    316 Fillmore St., Caldwell, ID 83605

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    Claim this Listing
    For Sale
    $599,000

    MULTI_FAMILY - Caldwell, ID

    Property size:
    2,562 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $233/SF
    Added:
    Mar 13, 2026
    Days on Market:
    91
    Last Refresh:
    Jun 11 at 6:06 pm

    Property Features for 316 Fillmore St.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 5, Bedroom 1
    Appliances
    Washer/Dryer (Some Units)
    Standard status
    Active
    APN
    R0665700000
    Size
    2,562 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    21-4N-3W SE STRAHORN ADD LOTS 10-12 INC BLK 131
    Tax Annual Amount
    5223

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Forced Air
    Cooling system
    Window Unit(s), Wall/Window Unit(s)

    Building Details

    Year built
    1968
    Number of units
    5
    Building materials
    Metal Siding, Wood Siding

    We can help!

    Listing Contact
    Kory Mccain

    Listing agent Kory Mccain License #SP48610

    Listing office LPT Realty 943 W Overland Rd, Idaho Falls, ID

    Listing date Mar 13, 2026

    MLS# 98977956 Listing URL

    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.

    HighLights

    • Five‑plex multi‑family property in Caldwell
    • Year built 1968
    • Metal and wood siding construction
    • Heating includes baseboard and forced air; cooling includes window and wall/window unit(s)
    • Washer/dryer included in some units
    • Septic tank sewer system; off‑street parking

    Overview

    This five-plex multifamily property in Caldwell, ID is offered for sale with owner-carry availability with a good down payment, subject to terms. The building includes multiple rental units, each designed to provide comfortable living space, and the property features off-street parking for residents.

    Located at 316 Fillmore St. on a 0.21-acre lot, the property is positioned for convenient day-to-day access. Public remarks note proximity to downtown, shopping, and dining, along with convenient freeway access for commuting and broader neighborhood connectivity.

    For investors or owner-operators seeking a small residential income asset, this five-plex setup can support a diversified rental mix across separate units while maintaining straightforward parking on-site. The central Caldwell location can also appeal to tenants looking for convenience to everyday amenities and regional road access. For additional underwriting details and owner-carry terms, contact the listing broker.

    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 (±1% cap)
    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 (±1% cap)
    NOI $47,768 @ 7.0% cap · market cap 7.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.697088
    Latitude
    43.665026

    FAQs

    What type of property is this?
    Apartment building - Five-plex in Caldwell offering off-street parking and convenient access to downtown, shopping, dining, and freeway routes.
    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 multi‑family property in Caldwell; Year built 1968; Metal and wood siding construction
    More about this property
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