911 2nd Street S
Property 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.
Broker Details
Coldwell Banker Tomlinson (208) 672-0447
MLS ID: 12066 State License Number: AB27022
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,299,900 |
| No. of Units: | 7 |
| Year Built: | 1906 |
| Lot Size: | 5,327.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $185,700 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 7 |
ID: 3yd-IMLSID-98999493
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