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
Active
Price cut: $50K (9/28)
$625,000
483 1st St N, Nampa, ID 83687
6beds
4baths
2,032sqft
Quadruplex, Multi Family
Built in 1940
-- sqft lot
$614,300 Zestimate®
$308/sqft
$-- HOA
What's special
- 125 days
- 194
- 13
Zillow last checked:
Listing updated:
Listed by:
Kirsten Carlson Cell:206-851-2479,
Silvercreek Realty Group
Source: IMLS,MLS#: 98991244
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Stove/Range (All Units), Refrigerator (All Units)
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
- Flooring: Laminate, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,032
- Total interior livable area: 2,032 sqft
Property
Parking
- Total spaces: 10
Lot
- Features: 1/2 - .99 Acre
Details
- Parcel number: 12899000 0
- Zoning: Light Industrial/ SFR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Nampa
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $381,890
- Annual tax amount: $2,550
- Date on market: 6/22/2026
- Ownership: Fee Simple
- Total actual rent: 4270
Estimated market value
$614,300
$584,000 - $645,000
$1,660/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,551 -20.3% | $381,890 +1.2% |
| 2024 | $3,200 +14.7% | $377,390 +3% |
| 2023 | $2,791 +10% | $366,390 +6.6% |
| 2022 | $2,538 +9.1% | $343,800 +74.1% |
| 2021 | $2,326 +41.5% | $197,420 +55.5% |
| 2020 | $1,644 -26.3% | $126,950 +0.3% |
| 2019 | $2,232 -24.6% | $126,550 -19.5% |
| 2017 | $2,960 +16.5% | $157,300 |
| 2016 | $2,541 | -- |
| 2015 | $2,541 +7.7% | -- |
| 2014 | $2,359 | $112,200 |
| 2013 | -- | -- |
| 2011 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | $83,700 +17.7% |
| 2004 | -- | $71,100 |
| 2003 | -- | $71,100 |
| 2002 | -- | $71,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83687
Nearby schools
Schools provided by the listing agent
- Elementary: Snake River
- 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.







