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 Idahos fastest-growing markets. An ideal opportunity for investors seeking a turnkey asset, portfolio expansion, or a 1031 exchange replacement property

Property Features

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