About 412 15th Ave S
Excellent opportunity to own an 8% CAP rate four-plex less than a mile from Northwest Nazarene University, city parks, and old town Nampa shopping and restaurants. While the property is fully-rented at this time, one unit is coming up for renewal this summer, creating an immediate opportunity for an owner-occupant to purchase the building and self-manage the property for even higher returns. The other three units are leased through January 2026. This property is in turn-key condition with many recent updates. The owner is willing to continue to manage the property for 8% of gross rents per month. BTVAI. No sign on property, please do not disturb tenants.
Features of 412 15th Ave S
| MLS® # | 98952262 |
|---|---|
| Price Per SQFT | $222 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 2,928 |
| Acres | 0.16 |
| Year Built | 1938 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | New |
Listing Map
Community Information
| Address | 412 15th Ave S |
|---|---|
| Area | Nampa NE (87) - 1250 |
| Subdivision | 0 Not Applic. |
| City | Nampa |
| County | Canyon |
| State | ID |
| Zip Code | 83651 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | RV Access/Parking |
| Is Waterfront | No |
| Has Pool | No |
| RV/Boat Parking | Yes |
Interior
| Appliances | Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units) |
|---|---|
| Heating | Electric |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Standard Lot 6000-9999 SF, Bus on City Route, R.V. Parking, Sidewalks |
|---|---|
| Roof | Composition |
School Information
| District | Nampa School District #131 |
|---|---|
| Elementary | Central |
| Middle | West Middle Nam |
| High | Skyview |
Additional Information
| Date Listed | June 24th, 2025 |
|---|---|
| Property Taxes | $3,276 |
| Tax Year | 2024 |
| Office | Coldwell Banker Tomlinson |