483 N 1st St, Nampa, ID 83651
483 N 1st St, Nampa, ID 83651
483 N 1st St, Nampa, ID 83651
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Joey Hixson

Joey Hixson

+1(713) 408-7388
Listed by Kirsten Carlson • Silvercreek Realty Group
$625,000
Est. payment /mo
6 Beds
4 Baths
2,032 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,032 sqft

Price per Sqft $307

Subdivision 0 Not Applic.

MLS Listing ID 98991244

Bedrooms 6

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,550

Tax Year 2025

Property Sub-Type Quadruplex

Source IMLS 2

Property Description

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

Location

State ID

County Canyon

Zoning Light Industrial/ SFR

Direction 11th Ave N to 1st St North

Interior

Heating Baseboard, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Vinyl

Fireplace No

Appliance Stove/Range (All Units), Refrigerator (All Units)

Exterior

Community Features Single Family, Industrial

Utilities Available Sewer Connected

Roof Type Composition

Total Parking Spaces 10

Building

Lot Description 1/2 - .99 Acre

Faces 11th Ave N to 1st St North

Water City Service

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Snake River

High Schools Columbia

School District Nampa School District #131

Others

Senior Community No

Tax ID 12899000 0

Ownership Fee Simple

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Lysi Bishop Real Estate

Joey Hixson

For more than 30 years, Lysi Bishop Real Estate has helped clients navigate Boise and Treasure Valley real estate with trusted expertise and exceptional service.

+1(713) 408-7388

joey@lysibishop.com

913 W River St Suite 200, Boise, ID 83702, USA

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