4-Unit Residential
4817 Continental Lane, Caldwell, ID 83607
For Sale
New
$995,000
Residential Income, Caldwell, ID
Property Size4,433 SF
Lot Size0.30 Acres
Price / SF$224.45
Days on Market3
Property Features for 4817 Continental Lane
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Accessibility
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Heating system
Cooling system
Amenities
stainless appliances
private balcony or patio
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Sergio Sigmond · License ID SP28349
(208) 353-5292
Added: Nov 10
Last Checked: Nov 12 at 6:06PM
MLS# 99006103
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2021, this 4,433-square-foot quadplex contains four leased residences on a 0.2978-acre parcel. The unit mix comprises two 2-bedroom/2-bathroom apartments and two 3-bedroom/2-bathroom apartments. Each home has a kitchen, open living space, bedrooms, and a private balcony or patio. Appliances include a stove/range, refrigerator, disposal, and washer/dryer in every unit. Central air and electric forced-air heating serve the building, which features frame, stone, and HardiPlank construction.
The property is in Caldwell’s Pioneer Square community, with access to I-84, shopping and dining along Cleveland Boulevard, and the College of Idaho. Four assigned parking spaces are provided, with additional parking available along the building’s side. An accessible approach ramp is also present.
The property is in Caldwell’s Pioneer Square community, with access to I-84, shopping and dining along Cleveland Boulevard, and the College of Idaho. Four assigned parking spaces are provided, with additional parking available along the building’s side. An accessible approach ramp is also present.
Key Highlights
- All four residences are leased
- Four‑unit mix: two 2‑bedroom/2‑bathroom homes and two 3‑bedroom/2‑bathroom homes
- 4,433 square feet on a 0.2978‑acre parcel; built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,703
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,060
$1.3M
Cap Rate 7%
$910,043
$910.0K
Cap Rate 9%
$707,811
$707.8K
Market Conditions
NOI Build-Up for 4,433 SF
Gross rent
$120.2K $27.12/SF
− Vacancy
−$4.4K −$0.99/SF
EGI
$115.8K $26.13/SF
− OpEx
−$52.1K −$11.76/SF
NOI
$63.7K $14.37/SF
Area
Canyon County, ID
Vacancy
3.66%
Lease Rate
$27.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,060
Cap Rate 7%
$910,043
Cap Rate 9%
$707,811
Alternative Uses
Best Use
Apartment 5plus
$910.0K
$796.3K – $1.06M
NOI $63,703 @ 7.0% cap · market cap 6.40%
Second Best
Multifamily LT 5
$380.0K
$332.5K – $443.3K
NOI $26,597 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,652 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 83607, ID
36,024
Population
11,858
Households
3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
230.0 sq mi
ZIP Area
157
Density / Sq Mi
$80,170
Median Household Income
$40,259
Median Earnings
$1,404
Median Rent
$385,100
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Canyon County, ID
Properties on Market for Quadplexes in Canyon County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - All residences are leased, with a mix of two- and three-bedroom floor plans.
Where is this quadplex located?
The property is located at 4817 Continental Lane Caldwell, ID.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: All four residences are leased; Four‑unit mix: two 2‑bedroom/2‑bathroom homes and two 3‑bedroom/2‑bathroom homes; 4,433 square feet on a 0.2978‑acre parcel; built in 2021
