$2,190,000

316 N 11th St Payette, ID 83661

Estimated payment $12,929/month

Total Views 2,749
16 Beds
16 Baths
8,549 Sq Ft
$256 Price per Sq Ft

Highlights

  • 1.38 Acre Lot
  • Forced Air Heating and Cooling System
  • Concrete Flooring
  • 1 Car Garage

About This Home

Newer, Impeccably Maintained Residential 8 Units (in duplexes!) 100% Occupany! Property includes 4-duplex buildings (2 residences per building); a 5-car detached garage, & a large, heated 50x26 shop (all fenced, gated +carport). Perfect for investors! Units #A-F were built using Insulated Concrete Forms; each has 2 bedrooms, 1.5 bath, nice large rooms, attached 1-car garages that separate the units. Units #G-H are traditionally built, each with 2 bedrooms, 2 full baths & 1-detached garage per unit. Two additional buildings: (1) 5-car garage (2 spaces go w/ units #G-H), 3 are available to rent to other tenants @ $200/mo.; & (2) Steel Shop that would rent for $1,000/mo. All residences less than 7 years old & need -0- work! Granite, stainless appliances, blinds, patios + private, quiet area to live. Walkable to schools & business district. Rents for similar housing units (w/o garages) in Payette currently rent for higher prices. Potential to increase rents to market rates. Photos show both styles of residences.

Listing Agent

Kevin Hanigan

Red Pheasant Realty Brokerage Phone: 208-283-1509 Listed on: 06/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,224

Year Built

  • Built in 2018

Lot Details

  • 1.38 Acre Lot
  • Irrigation

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Masonry

Interior Spaces

  • 8,549 Sq Ft Home
  • Concrete Flooring
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Schools

  • Payette Elementary School
  • Mccain Middle School
  • Payette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P1580010000D

Community Details

Overview

  • Property has a Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $21,848
  • Gross Income $111,000
  • Net Operating Income $89,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,224

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Year Built: 2018
  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.38
  • CapRate: 4.07
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Carport Y N: No
  • Garage Yn: Yes
  • Attribution Contact: 208-283-1509
  • Special Features: None

Interior Features

  • Heating: Electric, Forced Air
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Total Bedrooms: 16
  • Flooring: Concrete
  • Living Area: 8549

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete, Frame, Masonry
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: One Car, Detached, Other, Attached, Finished Driveway
  • Total Parking Spaces: 24

Utilities

  • Cooling: Central Air, All Units
  • Electric: 960, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Connected, Cable Connected

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Payette
  • Junior High Dist: Payette School District #371
  • High School: Payette
  • Middle Or Junior School: McCain

Lot Info

  • Lot Features: 1 - 4.99 Acres, Irrigation
  • Parcel Number: P1580010000D
  • Current Use: 5+ Units
  • Lot Size Sq Ft: 60112.8

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12223.74

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 111000
  • Property Net Operating Income: 89152
  • Annual Operating Expense: 21848
  • Total Actual Rent: 8950
  • 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 $12,224 $1,495,327 $200,000 $1,295,327
2024 $12,224 $1,617,203 $200,000 $1,417,203
2023 $8,453 $1,065,748 $107,420 $958,328
2022 $8,265 $1,012,038 $53,710 $958,328
2021 $9,405 $852,853 $35,775 $817,078
2020 $8,644 $692,095 $21,465 $670,630
2017 $7 $37,470 $19,440 $18,030
2016 $7 $0 $0 $0
2015 $7 $0 $0 $0
2014 $7 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $2,190,000 +3889.1% $256 / Sq Ft
05/15/2017 05/15/17 Sold -- -- --
04/25/2017 04/25/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $54,900 -- --
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Amerititle Payette
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $880,000 Construction
Source: Public Records

Source: Intermountain MLS

MLS Number: 98950843

Intermountain MLS

APN: P1580010000D