NOT LISTED FOR SALE

1905 Ray Ave Caldwell, ID 83605

Estimated Value: $352,000 - $402,000

4 Beds
2 Baths
1,518 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2025

Current estimated payment $2,221 / mo

47 Days on Market

Highlights

  • RV Access or Parking
  • Garden
  • Forced Air Heating System
  • Cooling System Mounted To A Wall/Window
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of July 2025

This charming duplex sits directly in a area with all single family homes near College of Idaho and golf course and hospital what an incredible investment opportunity. Duplex features 2bd/ 1ba on each side on a corner lot so separate entrances to both units. Newer roof, gas furnaces, exterior paint and best of all tenants pay all there own utilities separate water meters. One side has been updated 3 years ago and leased with higher rent with no increase in rent on both sides in years. Lot's of upside possible. The tenants were notified of possible rent increase to $1500/mo with new owner and both committed to staying(that's a 7.9% cap rate). Instant cash cow... Close to shopping, schools, and freeway. Other address is 1907 Brookside Drive.

Last Agent to Sell the Property

Jeff Stevens

Stevens Realty Brokerage Phone: 208-409-4663 Listed on: 04/05/2025

Last Buyer's Agent

Joey Banasihan

exp Realty, LLC

exp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65'x100'
  • Partially Fenced Property
  • Wood Fence
  • Irrigation
  • Garden

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,518 Sq Ft Home
  • Vinyl Plank Flooring
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking
  • RV Access or Parking

Schools

  • Wilson Elementary School
  • Jefferson Middle School
  • Caldwell High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $2,200
  • Assessor Parcel Number R0169700000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $26,400
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,356

Year Built

Built in 1961

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Year Built: 1961
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 65'x100'
  • CapRate: 5.6
  • Ownership: Fee Simple
  • Subdivision Name: Garden View Add
  • Attribution Contact: 208-409-4663
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Appliances: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Total Bedrooms: 4
  • Flooring: Engineered Vinyl Plank
  • Living Area: 1518

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: RV Access/Parking, Finished Driveway
  • Total Parking Spaces: 4

Utilities

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

Schools

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

Lot Info

  • Lot Features: 10000SF - .49, Garden, Irrigation, R.V. Parking, Sidewalks
  • Parcel Number: R0169700000
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 6534

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2356

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400
  • Property Net Operating Income: 23400
  • Annual Operating Expense: 3000
  • Total Actual Rent: 2200
  • Above Grade Finished Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2025
Closed on
Jun 30, 2025
Sold by
Bought by
Seller's Agent
Jeff Stevens
Stevens Realty
Buyer's Agent
Joey Banasihan
exp Realty, LLC
List Price
$399,900
Views
59
Current Estimated Value
$379,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.19%
Original Mortgage
$291,000
Interest Rate
0.0686%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pioneer Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $291,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold -- -- --
06/04/2025 06/04/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $399,900 0.0% $263 / Sq Ft
05/17/2025 05/17/25 Pending -- -- --
05/12/2025 05/12/25 Price Changed $399,900 -5.9% $263 / Sq Ft
05/06/2025 05/06/25 For Sale $425,000 0.0% $280 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $425,000 -- $280 / Sq Ft
Source: Intermountain MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,069 $314,300 $103,300 $211,000
2025 $1,919 $319,700 $103,300 $216,400
2024 $1,919 $312,200 $103,300 $208,900
2023 $2,186 $311,200 $103,300 $207,900
2022 $2,251 $298,200 $103,300 $194,900
2021 $2,624 $212,300 $62,500 $149,800
2020 $2,667 $178,700 $44,700 $134,000
2019 $2,561 $157,500 $38,900 $118,600
2018 $2,470 $0 $0 $0
2017 $2,091 $0 $0 $0
2016 $1,896 $0 $0 $0
2015 $1,710 $0 $0 $0
2014 $1,690 $78,900 $20,000 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98941802

Intermountain MLS

APN: 0169700000

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