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Nampa Townhomes 1907 S Railroad St 4 Unit Apartment Building $799,000 ($199,750/Unit) Nampa, ID 83687
Investment Highlights
- Convenient access to I-84, downtown Nampa, and nearby amenities.
- Boise metro occupancy rates remain above 95%. New construction starts are down 60%+ from peak.
Executive Summary
This multifamily property offers a strong value-add opportunity in a growing Nampa submarket, with rents significantly below market and all units on month-to-month leases—allowing for increases with just 30 days’ notice. The most recent rent bump took effect March 1, 2026The property features large three-bedroom units ideal for families, each with fully fenced backyards and in-unit washer and dryer appliances. Convenient access to I-84, downtown Nampa, and nearby amenities enhances its appeal. Strong market fundamentals support upside, with Boise metro occupancy above 95% and new construction starts down over 60% from peak levels.
Significantly below market rents. Rents are month-to-month and can be increased with 30 days’ notice. The most recent increase was effective March 1, 2026.
Value Add Opportunity: Strong rental demand in a growing Nampa submarket.
Large 3 bedroom units attractive to families. Fully fenced, back yards.
Each unit includes its own washer and dryer appliances.
Significantly below market rents. Rents are month-to-month and can be increased with 30 days’ notice. The most recent increase was effective March 1, 2026.
Value Add Opportunity: Strong rental demand in a growing Nampa submarket.
Large 3 bedroom units attractive to families. Fully fenced, back yards.
Each unit includes its own washer and dryer appliances.
Property Facts
| Price | $799,000 | Apartment Style | Low-Rise |
| Price Per Unit | $199,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| No. Units | 4 | Building Size | 4,716 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2004 |
| Zoning | R-D - Residential | ||
| Price | $799,000 |
| Price Per Unit | $199,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 4,716 SF |
| No. Stories | 2 |
| Year Built | 2004 |
| Zoning | R-D - Residential |
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 3189110200 | Improvements Assessment | $679,700 |
| Land Assessment | $135,000 | Total Assessment | $814,700 |
Property Taxes
Parcel Number
3189110200
Land Assessment
$135,000
Improvements Assessment
$679,700
Total Assessment
$814,700
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Nampa Townhomes | 1907 S Railroad St