Nampa, ID 83686 2225 S Lexis Ln
$799,900
8 more
Presented By: Peterson & Associates REALTORS, LLC
Beds • 8
Baths • 8
SQFT • 3,720
Home Details
Presenting a turnkey investment opportunity in South Nampa: this fully leased, professionally managed 4plex offers immediate cash flow with a CAP rate of 5.5-6%. The property features two spacious 2 bed/2 bath units and two 2 bed/1.5 bath units, each with 2 dedicated parking spaces. Residents enjoy ample green space within the complex, providing a peaceful and attractive setting. The building boasts a newly painted exterior, ensuring great curb appeal and low maintenance for years to come. Located in a desirable South Nampa neighborhood, this property is close to schools, shopping, and major commuter routes, making it highly attractive to tenants. With stable occupancy, professional management in place, and no deferred maintenance, this 4plex is a hassle-free, turnkey addition to any investment portfolio. Don’t miss your chance to own a quality multi-family asset in a growing area!
Presented By: Peterson & Associates REALTORS, LLC
Interior Features for 2225 S Lexis Ln
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringVinyl Sheet
Heating Y/NYes
Laundry FeaturesWasher/Dryer Hookups (All Units)
General for 2225 S Lexis Ln
Additional Parcels Y/NNo
AppliancesDisposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Assoc Fee Paid PerMonthly
Attached Garage No
Building Area UnitsSquare Feet
Cap Rate5.5
Carport Y/NNo
CityNampa
Construction MaterialsFrame, HardiPlank Type
CoolingCentral Air
CountyCanyon
Current Use2-4 Units
DirectionsS 12th Ave, E Greenhurst, N Lexis Ln
DisclosuresProperty Disclosure
ElectricUnit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Elementary SchoolParkridge
Elementary School DistrictNampa School District #131
FreeholdIDX, BBO
Garage Y/NNo
Gas Y/NUnit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
HOANo
HOA Fee$300
HeatingForced Air, Natural Gas
High SchoolColumbia
High School DistrictNampa School District #131
Home Warranty Y/NNo
Insurance Expense1200
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Legal Description36-3N-2W SW LEXIS CREEKSIDE LT 34 BLK 1
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet14374.8
Lot Size UnitsAcres
MLS AreaNampa South (86) - 1260
Maintenance Expense2505
Middle/Junior High SchoolEast Valley Mid
Middle/Junior School DistrictNampa School District #131
ModificationTimestamp2025-07-21T06:01:48.400Z
Net Operating Income44633
New ConstructionNo
Number Of Units Total4
Operating Expense18007
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Showing InstructionsAppointment Only
Standard StatusActive
StatusActive
Subdivision NameLexis Creekside
Tax Annual Amount5817.66
Tax Year2024
Total Actual Rent5220
UtilitiesSewer Connected
Water Sewer Expense500
Year Built2005
Exterior for 2225 S Lexis Ln
Building Area Total3720
Foundation DetailsCrawl Space
Horse Y/NNo
Inclusions3 Refrigerators, 1 Washer/Dryer, 4 Ranges/Stoves
Irrigation Water Rights Y/NNo
Lot Features10000SF - .49
Lot Size Acres0.33
Lot Size Area0.33
SpaNo
Total Parking8
Water SourceCity Service
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Parkridge Elementary School
High School
Columbia High School
Middle School
East Valley Mid
Jesus Yerena Delgado
Agent
EN 
ES