Duplex with Recent
New
For Sale
$300,000
318/320 5th Ave. South, Nampa, ID 83651
Two separate residences offer distinct yard areas, laundry hookups, and separate electric meters.
Property Size2,017 SF
Price / SF$148.74
Days on Market7
Property Features for 318/320 5th Ave. South
General Information
Standard status
Active
Size
2,017 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
Fixer upper duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Individually Metered Utilities
electricity
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,419
Amenities
wood burning fireplace
covered porch
fenced yard
storage units
washer/dryer hookups
vinyl windows
Laminate
true
2
3
Square Feet
Partial
Standard Lot 6000-9999 SF
City Service
0.16
5
140x50
RV Access/Parking
Crawl Space
2017
Building Details
Building Size
2,017 SF
Year Built
1924
Buildings
1
Listing Agency:
Coldwell Banker Tomlinson
(208) 545-3377
Listed By:
Travis Aeschbacher
Source:
Brokerboise
Added: Oct 30
Changed: Nov 4
Last Checked: Nov 5 at 6:20AM
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 Coldwell Banker Tomlinson
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Investment Insights
Based on property information with market context.
Built in 1924, this duplex contains 2,017 square feet across two residences: one with two bedrooms and one with a bedroom. The larger unit has an open living and dining area, a kitchen, a walk-in closet, and a wood-burning fireplace that has not been used in years, to the owner's knowledge. The one-bedroom unit includes a storage and laundry area and basement space. Both residences have vinyl windows and washer/dryer hookups; each has its own yard area. Recent improvements include a 50-year roof and exterior paint, both completed within the last year.
The property occupies 0.16 acres and has crawl-space construction, city services, and RV access/parking. Electric service is separately metered, while water, sewer, and trash are combined. One unit is vacant; the other is tenant occupied and requires 24 hours' notice for showings. The seller prefers an as-is sale.
The property occupies 0.16 acres and has crawl-space construction, city services, and RV access/parking. Electric service is separately metered, while water, sewer, and trash are combined. One unit is vacant; the other is tenant occupied and requires 24 hours' notice for showings. The seller prefers an as-is sale.
Key Highlights
- Two residences totaling 2,017 square feet
- Unit mix: one 2‑bedroom residence and one 1‑bedroom residence
- 50‑year roof and exterior paint completed within the last year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,679
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,580
$433.6K
Cap Rate 7%
$309,700
$309.7K
Cap Rate 9%
$240,878
$240.9K
Market Conditions
NOI Build-Up for 2,017 SF
Gross rent
$32.7K $16.20/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$31.0K $15.35/SF
− OpEx
−$9.3K −$4.61/SF
NOI
$21.7K $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%
$433,580
Cap Rate 7%
$309,700
Cap Rate 9%
$240,878
Alternative Uses
Best Use
Multifamily LT 5
$309.7K
$271.0K – $361.3K
NOI $21,679 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$283.9K
$248.5K – $331.3K
NOI $19,876 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$510.2K
$446.4K – $595.3K
NOI $35,715 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
Explore this area
Business Placement
Demographics for 83651, ID
34,509
Population
14,031
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
86%
High-School Grad
15.9 sq mi
ZIP Area
2,170
Density / Sq Mi
$66,895
Median Household Income
$34,770
Median Earnings
$1,334
Median Rent
$312,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct yard areas, laundry hookups, and separate electric meters.
Where is this duplex located?
The property is located at 318/320 5th Ave. South Nampa, ID.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two residences totaling 2,017 square feet; Unit mix: one 2‑bedroom residence and one 1‑bedroom residence; 50‑year roof and exterior paint completed within the last year
