Detached Unit Multi-Family
483 N 1st St Nampa, ID 83651
483 N 1st St, Nampa, ID, 83651
$675,000
For Sale
$675,000
Turnkey income property with four detached residential units: three 1-bedroom units and one 3-bedroom home.
Property Size2,032 SF
Price / SF$332.19
Days on Market30
Property Features for 483 N 1st St
General Information
- Standard status
- Active
- Size
- 2,032 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1940
Listing agency
Silvercreek Realty Group
(206) 851-2479
Listed by
Kirsten Carlson · License #SP49785
(206) 851-2479
Source
Thgboise
Added: Jun 22 Updated: Jul 20 at 3:17AM Checked: Jul 21 at 3:19AM
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 turnkey multi-family investment features four detached residential units on one parcel. The unit mix includes three 1-bedroom, 1-bath units and one 3-bedroom, 1-bath home. The property is fully leased, with new one-year leases in place.
Located at 483 N 1st St in Nampa, the property is described as convenient to downtown Nampa and nearby shopping, dining, schools, and parks, with access to major commuter routes.
For tenants and investors, the layout provides detached residential living while keeping multiple income units consolidated under a single ownership. The property is presented as offering immediate occupancy through current lease terms.
Located at 483 N 1st St in Nampa, the property is described as convenient to downtown Nampa and nearby shopping, dining, schools, and parks, with access to major commuter routes.
For tenants and investors, the layout provides detached residential living while keeping multiple income units consolidated under a single ownership. The property is presented as offering immediate occupancy through current lease terms.
Key Highlights
- Four detached residential units on one parcel in Nampa
- Unit mix: three 1‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath home
- Fully leased with new one‑year leases in place
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 | $32.9k | $16.20 |
| − Vacancy | −$1.7k | −$0.85 |
| EGI | $31.2k | $15.35 |
| − OpEx | −$9.4k | −$4.61 |
| NOI | $21.8k | $10.75 |
2,032 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.0K
$273.0K – $364.0K
NOI $21,840 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$286.1K
$250.3K – $333.7K
NOI $20,024 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$514.0K
$449.8K – $599.7K
NOI $35,981 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey income property with four detached residential units: three 1-bedroom units and one 3-bedroom home.
Where is this quadplex located?
The property is located at 483 N 1st St Nampa, ID.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four detached residential units on one parcel in Nampa; Unit mix: three 1‑bedroom, 1‑bath units and one 3‑bedroom, 1‑bath home; Fully leased with new one‑year leases in place
