911 2nd Street S, Nampa, ID 83651

$1,299,900 Active MLS® 98973337 Other
ActiveMLS® 98973337
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911 2nd Street S, Nampa, ID 83651 photo
Other
MLS® 98973337
$1,299,900
911 2nd Street S, Nampa, ID 83651
7 Beds 7 Baths 0.16 Acres 5,327 Sq.Ft. Built 1906
Description

Prime Downtown Nampa 7-Unit Multifamily Investment | Strong Cash Flow & 7.3% Cap Rate. Rare opportunity to acquire a fully renovated 7-unit multifamily property in the heart of Downtown Nampa. Situated on a single mixed-use zoned parcel, this asset includes a 4-plex and 3-plex, offering immediate cash flow, long-term appreciation potential, and future development flexibility. The property generates $10,050/month ($120,600 annually) in rental income and delivers a 7.3% cap rate at the current asking price. Extensive renovations have minimized future capital expenditures, with the 4-plex renovated within the past three years and the 3-plex fully renovated in 2025, creating a turnkey investment with strong tenant appeal. Located in one of Idaho’s fastest-growing markets, the property benefits from strong rental demand and walkable access to Downtown Nampa’s restaurants, retail, entertainment, and employment centers. Stabilized, income-producing, and positioned for long-term upside.

Interior features
  • Utilities Sewer Connected, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
  • Air conditioning Ductless/Mini Split
  • Lot dimension 0.16 Acres
  • Lot description 1/2 - .99 Acre, Bus on City Route, Sidewalks
Exterior features
  • Lot dimension 0.16 Acres
  • Lot description 1/2 - .99 Acre, Bus on City Route, Sidewalks
  • Roofing materials Composition

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Location