Duplex with Updated Front
New
For Sale
$429,900
411 & 413 S Fern St, Nampa, ID 83686
Two separate residences offer distinct bedroom and bathroom layouts, with independent utility service and private yard areas.
Property Size1,926 SF
Price / SF$223.21
Days on Market3
Property Features for 411 & 413 S Fern St
General Information
Standard status
Active
Size
1,926 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
Back unit will need a refresh.
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
auto sprinklers
washer/dryer hookups
Building Details
Year Built
1936
Listing Agency:
Silvercreek Realty Group
Listed By:
Janice Mcnabb · License #SP52717
(208) 377-0422
Source:
Noplacelikeidaho
Added: Oct 4
Last Checked: Oct 5 at 10:04PM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This 1,926-square-foot duplex, built in 1936, contains two residences. The front unit has three bedrooms and two bathrooms; its improvements include replacement kitchen cabinetry and counters, bathroom fixtures, flooring, paint, window coverings, lighting, and hardware. The rear unit has three bedrooms and one bathroom and is occupied by long-term tenants who would like to remain; it will need updating.
Both homes have a refrigerator, stove, dishwasher, and washer/dryer hookups. Gas, electricity, and water, sewer, and trash service are separately metered. Each residence has its own yard with automatic sprinklers, and the property includes parking. The location is described as one block from NNU and near a hospital.
Both homes have a refrigerator, stove, dishwasher, and washer/dryer hookups. Gas, electricity, and water, sewer, and trash service are separately metered. Each residence has its own yard with automatic sprinklers, and the property includes parking. The location is described as one block from NNU and near a hospital.
Key Highlights
- 1,926‑square‑foot duplex built in 1936
- Front residence: 3 bedrooms and 2 bathrooms, with updated kitchen, baths, flooring, paint, lighting, and hardware
- Rear residence: 3 bedrooms and 1 bathroom; long‑term tenants would like to stay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,701
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,020
$414.0K
Cap Rate 7%
$295,729
$295.7K
Cap Rate 9%
$230,011
$230.0K
Market Conditions
NOI Build-Up for 1,926 SF
Gross rent
$31.2K $16.20/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$29.6K $15.35/SF
− OpEx
−$8.9K −$4.61/SF
NOI
$20.7K $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%
$414,020
Cap Rate 7%
$295,729
Cap Rate 9%
$230,011
Alternative Uses
Best Use
Multifamily LT 5
$295.7K
$258.8K – $345.0K
NOI $20,701 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$271.1K
$237.3K – $316.3K
NOI $18,980 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$487.2K
$426.3K – $568.4K
NOI $34,104 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
Demographics for 83686, ID
55,343
Population
20,283
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
87.7 sq mi
ZIP Area
631
Density / Sq Mi
$83,666
Median Household Income
$40,310
Median Earnings
$1,310
Median Rent
$381,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct bedroom and bathroom layouts, with independent utility service and private yard areas.
Where is this duplex located?
The property is located at 411 & 413 S Fern St Nampa, ID.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,926‑square‑foot duplex built in 1936; Front residence: 3 bedrooms and 2 bathrooms, with updated kitchen, baths, flooring, paint, lighting, and hardware; Rear residence: 3 bedrooms and 1 bathroom; long‑term tenants would like to stay
