1905 Ray Ave., Caldwell, ID 83605

Courtesy of Stevens Realty.

Selling Office: exp Realty, LLC.

$?
4
BD
2
BA
1,518
SqFt

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Sold Price
$?
List Price
$399,900
Days on Market
28
Closing Date
Jul 03, 2025
Status
SOLD
MLS#
98941802
Bedrooms
4
Subdivision
Garden View Add
Bathrooms
2
County
Canyon
Sq. Ft
1518
Year Built
1961
Acres
0.15
Age
1961

Property Description

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.

Additional Information

Land Use
2-4 Units
Sq. Ft
1518
Garagetype
RV Access/Parking, Finished Driveway
Roof
Composition
Construction
Frame
Fenced
Partial, Wood
Lot Features
10000SF - .49, Garden, Irrigation, R.V. Parking, Sidewalks
Air Conditioning
Wall/Window Unit(s), All Units
Heating
Forced Air, Natural Gas
Water
City Service
Electric
Unit 1 Separate Meter, Unit 2 Separate Meter
Gas
Unit 1 Separate Meter, Unit 2 Separate Meter
School District
Caldwell School District #132
Elementary School
Wilson
Middle School
Jefferson
High School
Caldwell
Taxes
$2,356
Tax Year
2024
Parcel Number
R0169700000
Gross Operating Income
26400


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