Versatile Duplex with Studio
317 15th Ave N Nampa, ID 83687
317 15th Ave N, Nampa, ID, 83687
$339,000
For Sale
$339,000
Duplex property on a fully fenced lot with three parking spaces and separate Unit A and Unit B.
Property Size1,596 SF
Price / SF$212.41
Days on Market114
Property Features for 317 15th Ave N
General Information
- Standard status
- Active
- Size
- 1,596 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2007
Listing agency
Finding 43 Real Estate
(208) 272-1719
Listed by
Callie Williams · License #SP49519
Source
Clearwaterproperties
Added: Mar 30 Updated: Jul 21 at 7:00AM Checked: Jul 21 at 7:00AM
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 Finding 43 Real Estate
Investment Insights
Based on property information with market context.
This duplex property offers two distinct living spaces: Unit A and Unit B. Unit A is configured as a 3-bedroom, 1.5-bath home with several updates already in place, including newer HVAC installed in 2021, a newer water heater, a sprinkler system, and newer washer and dryer. Unit B is a separate studio-style space with 1 bed and 1 bath, designed to function as a private secondary unit.
The property is situated on a fully fenced lot with three dedicated parking spaces. The listing notes month-to-month flexibility, supporting a range of living and rental arrangements.
Overall, the layout is set up to live in one unit while using the other as an additional source of income or private guest/secondary living space, with a move-in-ready emphasis on Unit A’s key mechanical and convenience updates.
The property is situated on a fully fenced lot with three dedicated parking spaces. The listing notes month-to-month flexibility, supporting a range of living and rental arrangements.
Overall, the layout is set up to live in one unit while using the other as an additional source of income or private guest/secondary living space, with a move-in-ready emphasis on Unit A’s key mechanical and convenience updates.
Key Highlights
- Duplex in Nampa offering main Unit A and separate Unit B on a fully fenced lot
- Unit A: 3‑bed, 1.5‑bath layout with updates including newer HVAC (2021), new water heater, and newer washer/dryer
- Unit B: separate studio‑style unit with 1 bed, 1 bath and approx. 400 SF
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 | $25.9k | $16.20 |
| − Vacancy | −$1.3k | −$0.85 |
| EGI | $24.5k | $15.35 |
| − OpEx | −$7.4k | −$4.61 |
| NOI | $17.2k | $10.75 |
1,596 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$245.1K
$214.4K – $285.9K
NOI $17,154 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$224.7K
$196.6K – $262.1K
NOI $15,728 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$403.7K
$353.3K – $471.0K
NOI $28,261 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex property on a fully fenced lot with three parking spaces and separate Unit A and Unit B.
Where is this duplex located?
The property is located at 317 15th Ave N Nampa, ID.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Duplex in Nampa offering main Unit A and separate Unit B on a fully fenced lot; Unit A: 3‑bed, 1.5‑bath layout with updates including newer HVAC (2021), new water heater, and newer washer/dryer; Unit B: separate studio‑style unit with 1 bed, 1 bath and approx. 400 SF
