$525,000

1107 E Elgin St Caldwell, ID 83605

Estimated payment $2,937/month

Total Views 26
6 Beds
4 Baths
2,800 Sq Ft
$188 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Partially Fenced Property

About This Home

Great investment opportunity with a Cap Rate of 6.5%. Under market rents — opportunity to raise. <4% vacancy rate in Caldwell. All units fully leased. Excellent location with easy access to I-84 at City Center Exit #28. Just minutes from downtown Caldwell, College of Idaho, Amazon, Nampa, and Boise.

Listing Agent

Joshua Hadder

Rallens Realty Consultants Brokerage Phone: 208-966-1055 Listed on: 09/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1973

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 5 Parking Spaces

Home Design

  • 2,800 Sq Ft Home
  • Triplex
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

  • Van Buren Elementary School
  • Jefferson Middle School
  • Caldwell High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Stove
  • Washer and Dryer Hookup

Community Details

  • 3 Units
  • Gross Income $39,120

Listing and Financial Details

  • Assessor Parcel Number R0498300000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,965

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • CapRate: 6.5
  • Ownership: Fee Simple
  • Subdivision Name: Caldwell Origin
  • Attribution Contact: 208-966-1055
  • Special Features: None

Interior Features

  • Heating: Baseboard, Electric, Forced Air
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Total Bedrooms: 6
  • Living Area: 2800

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Construction Type: Frame

Garage/Parking

  • Total Parking Spaces: 5

Utilities

  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Van Buren
  • Junior High Dist: Caldwell School District #132
  • High School: Caldwell
  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Features: 10000SF - .49
  • Parcel Number: R0498300000
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 9147.6

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1964.78

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39120
  • Total Actual Rent: 3260
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,965 $339,500 $129,000 $210,500
2024 $1,965 $319,600 $116,300 $203,300
2023 $2,239 $318,700 $116,300 $202,400
2022 $2,407 $318,900 $142,000 $176,900
2021 $2,472 $200,000 $74,500 $125,500
2020 $2,262 $151,600 $44,700 $106,900
2019 $2,111 $129,800 $32,500 $97,300
2018 $2,159 $0 $0 $0
2017 $2,048 $0 $0 $0
2016 $1,743 $0 $0 $0
2015 $1,701 $0 $0 $0
2014 $2,238 $104,500 $21,000 $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2025 09/23/25 For Sale $525,000 -- $188 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed -- Titleone Boise
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Purchase Money Mortgage
Closed $10,000 No Value Available
Source: Public Records

Source: Intermountain MLS

MLS Number: 98962544

Intermountain MLS

APN: 0498300000