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    Triplex Residential Income Property Title is generated by Realmo AI

    524 Lake Lowell Ave, Nampa, ID 83686

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    Claim this Listing
    Pending
    $669,900

    MULTI_FAMILY - Nampa, ID

    Property size:
    4,320 SF
    Lot size:
    0.24 Acres
    Added:
    May 7, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 22 at 3:06 am

    Property Features for 524 Lake Lowell Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    10
    Bathrooms
    5
    Rooms
    Bathroom 5, Bedroom 4, Bedroom 8, Bedroom 10, Bathroom 4, Bedroom 1, Bedroom 9, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 5
    Parking
    10
    Parking features
    RV
    Appliances
    Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
    Standard status
    Pending
    APN
    N00000288815
    Size
    4,320 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    28-3N-2W SETX 29-ALS TX 07389 IN SWSE
    Tax Annual Amount
    3759

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1948
    Number of units
    3
    Flooring type
    Concrete, Laminate
    Building materials
    Brick, Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Jamie Schraner
    Jamie Schraner

    Listing agent Jamie Schraner License #SP49264

    Listing office Homes of Idaho 3597 E Monarch Sky Lane, Nampa, ID

    Listing date May 7, 2026

    MLS# 98985108 Listing URL

    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.

    HighLights

    • Triplex at 524 Lake Lowell Ave in Nampa with three separate units and a spacious storage area
    • Each unit includes a full kitchen plus washer/dryer
    • Heating and cooling include natural gas forced air and central air
    • Appliances included in all units: disposal, stove/range, refrigerator, and washer/dryer
    • Parking features include RV parking
    • Built in 1948 with brick and wood siding and a composition roof

    Overview

    This triplex at 524 Lake Lowell Ave features three separate residential units and a spacious storage area. Each unit includes a full kitchen and laundry, supporting comfortable independent living within the same property. The layout is designed to give occupants privacy while still sharing the overall building footprint. The property is being sold AS-IS.

    Located in Nampa, the home is described as convenient to Lake Lowell and everyday amenities. The address is 524 Lake Lowell Ave, Nampa, ID 83686, in Canyon County. This setting may appeal to tenants seeking nearby daily conveniences and to owner-occupants who want to live on-site.

    For buyers, this configuration offers flexible occupancy options, such as living in one unit while renting the others, or using all three units for rental purposes. With laundry and full kitchens in every unit, the property supports self-sufficient tenancy. The storage area adds practicality for additional belongings beyond in-unit space, while the AS-IS sale terms and noted livable condition give buyers a clear baseline for their own planning.

    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 $70.0k $16.20
    − Vacancy −$3.7k −$0.85
    EGI $66.3k $15.35
    − OpEx −$19.9k −$4.61
    NOI $46.4k $10.75
    4,320 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $663.3K
    $580.4K – $773.9K (±1% cap)
    NOI $46,432 @ 7.0% cap · market cap 6.93%
    Second Best
    Apartment 5plus
    $608.2K
    $532.1K – $709.5K (±1% cap)
    NOI $42,571 @ 7.0% cap · market cap 6.35%
    Theoretical Best
    Office A
    $1.09M
    $956.2K – $1.27M (±1% cap)
    NOI $76,495 @ 7.0% cap · market cap 11.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Van Marie Portrait ... Photography Service Strong Tower Conditioning Gym & Fitness Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.581583
    Latitude
    43.561819

    FAQs

    What type of property is this?
    Triplex - Triplex in Nampa with three separate units, each with a full kitchen and laundry, plus an additional storage area.
    Where is this triplex located?
    The property is located at 524 Lake Lowell Ave Nampa, ID.
    What is the asking price?
    The asking price for this property is $669,900.
    What are key features of this property?
    This property features: Triplex at 524 Lake Lowell Ave in Nampa with three separate units and a spacious storage area; Each unit includes a full kitchen plus washer/dryer; Heating and cooling include natural gas forced air and central air
    More about this property
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