Home  /  483 N 1st St Nampa ID 83651 MLS #98991244
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Turnkey Multi-Family Investment Opportunity Rare opportunity to own a unique income-producing property at 483 1st St N in Nampa. Unlike a traditional fourplex, this property features four detached residential units on one parcel, offering tenants greater privacy and a single-family-home feel that helps drive strong occupancy and tenant retention. The property consists of three 1-bedroom, 1-bath units and one 3-bedroom, 1-bath home. Fully leased with new one-year leases in place, this investment provides immediate and stable cash flow from day one Investment highlights include a 5.8% cap rate, 100% occupancy, strong rental history, diverse unit mix, and excellent long-term appreciation potential. Conveniently located near downtown Nampa, shopping, dining, schools, parks, and major commuter routes, the property benefits from strong rental demand in one of Idaho’s fastest-growing markets. An ideal opportunity for investors seeking a turnkey asset, portfolio expansion, or a 1031 exchange replacement property

Property Details

Price:
$675,000
MLS #:
98991244
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
0 Not Applic.
Listed Date:
Jun 22, 2026
Finished Sq Ft:
2,032
Total Sq Ft:
2,032
Year Built:
1940
Units:
4
0 Not Applic.Nampa School District #131Snake RiverEast Valley MidColumbia

Schools

School District:
Nampa School District #131
Elementary School:
Snake River
Middle School:
East Valley Mid
High School:
Columbia

Interior

Appliances
Stove/Range (All Units), Refrigerator (All Units)
Cooling
Wall/Window Unit(s)
Flooring
Laminate, Vinyl
Heating
Baseboard, Wall Furnace

Exterior

Construction Materials
Wood Siding
Lot Features
1/2 – .99 Acre
Parking Spots
10
Parking Total
10
Roof
Composition

Financial

Tax Year
2025
Taxes
$2,550

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