Remodeled Duplex Investment
414 13th Ave South Nampa, ID 83651
414 13th Ave South, Nampa, ID, 83651
$365,000
Pending
For Sale
$365,000
Pending
Duplex with two remodeled units, four total parking spaces, and RV parking plus a included storage shed.
Property Size1,853 SF
Days on Market42
Property Features for 414 13th Ave South
General Information
- Standard status
- Pending
- Size
- 1,853 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1906
Listing agency
Silvercreek Realty Group
(208) 371-6403
Listed by
Alicia Vollmer · License #AB20095
(208) 371-6403
Source
Thgboise
Added: Jun 11 Updated: Jul 20 at 8:09PM Checked: Jul 21 at 3:24AM
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 remodeled duplex features two rental units with independent layouts and updates throughout. Unit 414 offers approximately 959 square feet with 2 bedrooms and 1 bathroom, including a living room and a bonus room. Unit 416 provides approximately 586 square feet with 1 bedroom and 1 bathroom. Recent improvements include new flooring and fresh interior paint, a replaced sewer line, a new roof (2024), and a new water heater (2026). A storage shed is included.
The property has 2 parking spaces off the alley and 2 parking spaces in front, for a total of 4 spaces, and RV parking is available. The duplex is described as being close to NNU College and downtown Nampa, with easy access to I-84. There is no HOA.
The offering includes a stated investment history, or it may also be suitable for multi-generational use, and owner financing may be available to qualified buyers with substantial down payment and acceptable terms.
The property has 2 parking spaces off the alley and 2 parking spaces in front, for a total of 4 spaces, and RV parking is available. The duplex is described as being close to NNU College and downtown Nampa, with easy access to I-84. There is no HOA.
The offering includes a stated investment history, or it may also be suitable for multi-generational use, and owner financing may be available to qualified buyers with substantial down payment and acceptable terms.
Key Highlights
- Duplex with 2 units: 414 (approx 959 SF, 2 bed/1 bath) and 416 (approx 586 SF, 1 bed/1 bath)
- New roof in 2024; new water heater in 2026; sewer line replaced
- New flooring and fresh interior paint throughout
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 | $30.0k | $16.20 |
| − Vacancy | −$1.6k | −$0.85 |
| EGI | $28.5k | $15.35 |
| − OpEx | −$8.5k | −$4.61 |
| NOI | $19.9k | $10.75 |
1,853 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$284.5K
$249.0K – $331.9K
NOI $19,916 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$260.9K
$228.3K – $304.3K
NOI $18,260 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$468.7K
$410.1K – $546.9K
NOI $32,811 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two remodeled units, four total parking spaces, and RV parking plus a included storage shed.
Where is this duplex located?
The property is located at 414 13th Ave South Nampa, ID.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Duplex with 2 units: 414 (approx 959 SF, 2 bed/1 bath) and 416 (approx 586 SF, 1 bed/1 bath); New roof in 2024; new water heater in 2026; sewer line replaced; New flooring and fresh interior paint throughout
