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Discover a compelling investment opportunity in the heart of Nampa, just steps away from the bustling Downtown Historic District's array of restaurants & boutiques. This unique offering comprises two distinct buildings, complemented by 6 off-street parking spaces & a revenue-generating billboard with its own power meter. Building #1 is a turn-key, fully-occupied & renovated 4-plex, delivering immediate cash flow. Recently updated plumbing, water heaters, windows, roof & individual electrical meters. Building #2, a triplex, is currently undergoing a strategic renovation (through the sheetrock phase), providing an incredible opportunity to customize finishes & significantly boost your return. This building will feature a 2BD/1BA, a 1BD/1BA, & a studio/1BA. New roof in 2022. Purchase now to realize a greater profit margin and finish the development yourself. The price is set to increase with each completed phase. Upon full completion, the estimated ARV is $1.4M at a 7.5% CAP rate (current CAP is 5.5%).
| DAYS ON MARKET | 26 | LAST UPDATED | 6/27/2025 |
|---|---|---|---|
| TRACT | 0 Not Applic. | YEAR BUILT | 1906 |
| COMMUNITY | Nampa NW (51) - 1270 | COUNTY | Canyon |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| Elementary School | Central |
|---|---|
| Jr. High School | West Middle Nam |
| High School | Nampa |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Cooktop, Range, Refrigerator |
| AREA | Nampa NW (51) - 1270 |
| CONSTRUCTION | Stucco |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 99x69 |
| SUBDIVISION | 0 Not Applic. |
| TAXES | 3702.58 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| SATELLITE VIEW |
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