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Residential Income Duplex

715 E Lincoln Nampa, ID 83686

715 E Lincoln, Nampa, ID, 83686
$415,000
For Sale
$415,000

Duplex with separate entrances, updated interiors, and a detached, power-wired garage with workshop room.

Property Size2,375 SF
Price / SF$174.74
Days on Market13

Property Features for 715 E Lincoln

General Information

Standard status
Active
Size
2,375 SF
Property subtype
Duplex

Building Details

Year Built
1949
Listing Agency Remax Adventure
Listed by Daniel Riess
Source Thgboise
Added: Jul 9 Updated: Jul 20 at 4:02 am Checked: Jul 20 at 4:02 am

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 Remax Adventure


Investment Insights

Based on property information with market context.

This residential income duplex preserves historic character while offering practical, updated living space. Original hardwood floors, coved living room ceilings, elegant archways, and a classic brick fireplace help define the main level, which features three bedrooms, a bright living room, dedicated laundry hookups, and an updated kitchen with an eating area. The lower level adds versatility with a separate kitchen, living room, refreshed bathroom, and one bedroom. The property also offers abundant built-in storage.

Outside, enjoy a sprawling yard and a detached garage that is wired with power and includes a dedicated workshop room. Units have separate entrances, with the option for connection if used as a single-family home.

Recent major updates include a brand-new roof, new windows, fresh interior and exterior paint, and a new AC compressor and condenser. Additional improvements include new flooring and stylish bathroom vanities with custom tile work.

Key Highlights

  • 1949 duplex with historic character, including refinished original hardwood floors, coved ceilings, elegant archways, and a brick fireplace
  • Main floor unit: 3 bedrooms, updated kitchen with eating area, bright living room, dedicated laundry hookups, and abundant built‑in storage
  • Lower level includes a separate kitchen, living room, refreshed bathroom, and 1 bedroom; includes an option for single‑family use via interior connection

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 $38.5k $16.20
− Vacancy −$2.0k −$0.85
EGI $36.5k $15.35
− OpEx −$10.9k −$4.61
NOI $25.5k $10.75
2,375 SF · lease $16.20/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$364.7K
$319.1K – $425.5K (±1% cap)
NOI $25,527 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$334.3K
$292.6K – $390.1K (±1% cap)
NOI $23,404 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$600.8K
$525.7K – $700.9K (±1% cap)
NOI $42,055 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Storage Facility Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Catering Service Tanning Salon Pet Store & Service Restaurant (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex with separate entrances, updated interiors, and a detached, power-wired garage with workshop room.
Where is this duplex located?
The property is located at 715 E Lincoln Nampa, ID.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 1949 duplex with historic character, including refinished original hardwood floors, coved ceilings, elegant archways, and a brick fireplace; Main floor unit: 3 bedrooms, updated kitchen with eating area, bright living room, dedicated laundry hookups, and abundant built‑in storage; Lower level includes a separate kitchen, living room, refreshed bathroom, and 1 bedroom; includes an option for single‑family use via interior connection
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