Two-Unit Duplex With Separate
318/320 5th Ave S Nampa, ID 83651
New
318/320 5th Ave S, Nampa, ID, 83651
$340,000
For Sale
$340,000
MULTI_FAMILY - Nampa, ID
Property Size2,017 SF
Lot Size0.16 Acres
Price / SF$168.57
Days on Market2
Property Features for 318/320 5th Ave S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
- Parking
- 5
- Parking features
- RV
- Fireplace
- 1
- Appliances
- Stove/Range (Some Units), Refrigerator (Some Units), Washer/Dryer (No Units)
- Standard status
- Active
- APN
- 07556000 0
- Size
- 2,017 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 22-3N-2W Sw Arlington Add Na Lot 8 Blk 3
- Tax Annual Amount
- 2419
Utilities
- Heating system
- Wood, Baseboard, Natural Gas, Fireplace(s)
Building Details
- Year built
- 1924
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Frame, Wood Siding
- Roof type
- Composition
Listing Agency
Coldwell Banker Tomlinson
(208) 336-3393
2512 W Navigator Dr, Suite 100, Meridian, ID
Listed by
Leah Morgan · License #SP32239
(208) 859-5546
Added: Jul 17 Checked: Jul 18 at 6:06 am
MLS# 98994400
Listing URL
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Investment Insights
Based on property information with market context.
This for-sale duplex includes two units with vinyl windows and washer/dryer hookups. Unit 320 is vacant and can be shown as needed, featuring 2 bedrooms, 1 bathroom, a “great room” living/dining layout with a wood-burning fireplace (not used in years per the owner), a kitchen with stove and refrigerator, a primary bedroom with walk-in closet, and a tub/shower combination bathroom with a newer vanity. Unit 318 is tenant occupied and requires 24 hours’ notice, offering 1 bedroom, 1 bathroom, a small storage room/laundry area, and basement space for items such as water heaters and storage. Both units have gas furnace(s) and include covered porch space with side access and driveway for Unit 320, plus fenced yard areas and storage units.
The property is located in Nampa, Idaho at 318/320 5th Ave S in the Canyon County area. The units share combined water, sewer, and trash, and there is one hose spigot for yard water for both units. There are parking spots in the back for Unit 318, and the seller prefers to sell the duplex “as is.” Recent improvements include a new 50-year roof and exterior paint within the last year.
The property is located in Nampa, Idaho at 318/320 5th Ave S in the Canyon County area. The units share combined water, sewer, and trash, and there is one hose spigot for yard water for both units. There are parking spots in the back for Unit 318, and the seller prefers to sell the duplex “as is.” Recent improvements include a new 50-year roof and exterior paint within the last year.
Key Highlights
- Duplex built in 1924 with frame and wood siding construction and a composition roof
- Roof and exterior paint completed within the last year (new 50‑year roof)
- Unit 320: 2 bed, 1 bath with walk‑in closet, covered porch, side access and driveway; gas furnace and wood‑burning fireplace
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 | $32.7k | $16.20 |
| − Vacancy | −$1.7k | −$0.85 |
| EGI | $31.0k | $15.35 |
| − OpEx | −$9.3k | −$4.61 |
| NOI | $21.7k | $10.75 |
2,017 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.7K
$271.0K – $361.3K
NOI $21,679 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$283.9K
$248.5K – $331.3K
NOI $19,876 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$510.2K
$446.4K – $595.3K
NOI $35,715 @ 7.0% cap · market cap 10.50%
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 - Duplex with separate electric meters, two separate yards, and vinyl windows; one unit is vacant and showable.
Where is this duplex located?
The property is located at 318/320 5th Ave S Nampa, ID.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Duplex built in 1924 with frame and wood siding construction and a composition roof; Roof and exterior paint completed within the last year (new 50‑year roof); Unit 320: 2 bed, 1 bath with walk‑in closet, covered porch, side access and driveway; gas furnace and wood‑burning fireplace
