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Victory Lap Real Estate
911 2nd Street S, Nampa, ID 83651
- $1,299,900
- 7
- BD
- 7
- BA
- 5,327
- SqFt
Courtesy of Coldwell Banker Tomlinson. Main: 208-336-3393
- List Price
- $1,299,900
- Days on Market
- 36
- MLS#
- 98999493
- Property Type
- Multifamily
- Bedrooms
- 7
- Bathrooms
- 7
- Sqft. of Residence
- 5,327
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.
Additional Information
- Year Built
- 1906
- High School
- Nampa
- Elementary School
- Centennial
- Middle School
- West Middle Nam
- Acres
- 0.16
- Living Area
- 5,327
- Subdivision
- Nampa Original
- Terms
- Cash, Consider All, Conventional
- Number Of Units Total
- 7
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