Presenting a turnkey investment opportunity in South Nampa: this fully leased, professionally managed 4plex offers immediate cash flow with a CAP rate of 5.5-6%. The property features two spacious 2 bed/2 bath units and two 2 bed/1.5 bath units, each with 2 dedicated parking spaces. Residents enjoy ample green space within the complex, providing a peaceful and attractive setting. The building boasts a newly painted exterior, ensuring great curb appeal and low maintenance for years to come. Located in a desirable South Nampa neighborhood, this property is close to schools, shopping, and major commuter routes, making it highly attractive to tenants. With stable occupancy, professional management in place, and no deferred maintenance, this 4plex is a hassle-free, turnkey addition to any investment portfolio. Don’t miss your chance to own a quality multi-family asset in a growing area!
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Price Unknown
2225 S Lexis Ln, Nampa, ID 83686
8beds
8baths
3,720sqft
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$783,200 Zestimate®
$--/sqft
$1,944 Estimated rent
Home value
$783,200
$721,000 - $854,000
$1,944/mo
Zestimate® history
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List your homeWhat's special
Newly painted exteriorAmple green space
Zillow last checked:
Listing updated:
Listed by:
Ruth Kmiecik 208-965-3570,
Peterson & Associates REALTORS, LLC
Bought with:
Andrew Johnson
Initial Point Real Estate
Source: IMLS,MLS#: 98954963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
- Laundry: In Unit
Features
- Unit 1 Baths: 1.5, Unit 2 Baths: 2, Unit 3 Baths: 1.5, Unit 4 Baths: 2
- Flooring: Vinyl Sheet
- Has basement: No
Interior area
- Total structure area: 3,720
- Total interior livable area: 3,720 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 0.33 Acres
- Features: 10000SF - .49
Details
- Parcel number: R3240313200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, HardiPlank Type
- Foundation: Crawl Space
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Gas: Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Lexis Creekside
HOA
- HOA fee: $300 monthly
Location
- Region: Nampa
Financial & listing details
- Tax assessed value: $836,300
- Annual tax amount: $5,817
- Date on market: 7/18/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 5220
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,586 -4% | $836,300 +2.8% |
| 2024 | $5,818 -2.2% | $813,300 +4.1% |
| 2023 | $5,948 +6.7% | $780,900 +3.4% |
| 2022 | $5,575 -16% | $755,300 +34.1% |
| 2021 | $6,634 +13% | $563,100 +24.2% |
| 2020 | $5,872 -22.2% | $453,400 +5.9% |
| 2019 | $7,551 +27.9% | $428,100 +36.4% |
| 2017 | $5,906 -1.2% | $313,900 |
| 2016 | $5,975 | -- |
| 2015 | $5,975 +11.5% | -- |
| 2014 | $5,359 | $245,000 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | $36,000 |
Find assessor info on the county website
Neighborhood: 83686
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Nearby schools
GreatSchools rating
- 4/10Park Ridge Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10East Valley Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Columbia High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Parkridge
- Middle: East Valley Mid
- High: Columbia
- District: Nampa School District #131
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$783,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$783,200
- Idaho
- Canyon County
- Nampa
- 83686
- 2225 S Lexis Ln
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