About This Home

This 6-bedroom, 4-bathroom multi-family at 483 N 1st St in Nampa, ID is listed for $625,000 ($308 per sqft). Built in 1940, the home offers 2,032 sqft of living space on a N/A lot.

Key Features

  • Built in 1940
  • 10 parking spaces

Property Details

4 full
10 spaces
1940

Amenities

A/C
Listing 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

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

483 N 1st St

Nampa, ID 83651

0 Not Applic.

Property Details

Flooring

LaminateVinyl

Construction

Wood Siding

Heating

Wall FurnaceBaseboard

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

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

Questions & Answers

This 6-bedroom, 4-bathroom multi-family at 483 N 1st St is listed at $625,000 ($308/sqft). The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 10 parking spaces.

This property is listed by Kirsten Carlson.

KC

Kirsten Carlson

License SP49785

Agent at Silvercreek Realty Group

Listed by Silvercreek Realty Group · Broker phone: (208) 377-0422 · View on Broker Site · Broker website

MLS# 98991244· Source: Intermountain Multiple Listing Service· 132 days on PropertySimple

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

483 N 1st St, Nampa, ID 83651

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