$599,900
$25K PRICE DROP

2803 College Ave Caldwell, ID 83605

Estimated payment $3,516/month

Total Views 2,443
6 Beds
3 Baths
2,304 Sq Ft
$260 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Wood Siding

About This Home

Turn-key triplex in a prime Caldwell location with strong cash flow potential! Recent updates include a new roof 2025 and two units with new HVAC systems installed in 2022. Well maintained with all major maintenance up to date, this property is truly move-in ready for an investor. Each unit features laminate flooring, fresh interior paint, refrigerators included plus washer dryer hookups are available. One unit is currently vacant, offering immediate opportunity to increase income or live in one and rent out the others. Fully fenced private yard for each unit. All three units have similar layouts. Conveniently located with easy access to I-84 and close to schools, shopping, dining, and entertainment. A solid investment opportunity in a high-demand rental area.

Listing Agent

Julie Skogsberg

Peterson & Associates REALTORS, LLC Brokerage Phone: 208-466-4098 Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 152x59
  • Partially Fenced Property
  • Wood Fence

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 03872010 0

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $12,916
  • Net Operating Income $30,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1994

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1994
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 152x59
  • CapRate: 4.9
  • Ownership: Fee Simple
  • Subdivision Name: Mountain View Addition
  • Attribution Contact: Main: 208-466-4098
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
  • Total Bedrooms: 6
  • Flooring: Laminate
  • Living Area: 2304

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, All Units
  • Electric: 0, 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)
  • 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: Standard Lot 6000-9999 SF
  • Parcel Number: 03872010 0
  • Current Use: 2-4 Units

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3228.16

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 30784
  • Annual Operating Expense: 12916
  • Total Actual Rent: 2650
  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,228 $498,900 $134,000 $364,900
2024 $2,811 $457,300 $127,300 $330,000
2023 $3,148 $448,100 $127,300 $320,800
2022 $3,428 $454,200 $142,700 $311,500
2021 $4,486 $363,000 $92,000 $271,000
2020 $3,617 $242,400 $51,800 $190,600
2019 $3,742 $230,100 $42,000 $188,100
2018 $3,542 $0 $0 $0
2017 $3,683 $0 $0 $0
2016 $3,359 $0 $0 $0
2015 $3,209 $0 $0 $0
2014 $3,279 $153,100 $26,500 $126,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Price Changed $599,900 -2.5% $260 / Sq Ft
04/18/2026 04/18/26 Price Changed $615,000 -1.6% $267 / Sq Ft
02/25/2026 02/25/26 For Sale $625,000 -- $271 / Sq Ft
Source: Intermountain MLS

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 Type Sale Price Title Company
Quit Claim Deed -- Pioneer Title
Quit Claim Deed -- Pioneer Title
Quit Claim Deed -- Pioneer Title
Quit Claim Deed -- Pioneer Title
Warranty Deed -- First American Title
Quit Claim Deed $355 None Available
Warranty Deed -- Pioneer Title Canyon Ca
Quit Claim Deed -- Accommodation
Quit Claim Deed -- Accommodation
Quit Claim Deed -- Pioneer Title Company
Warranty Deed -- Pioneer Title Company Of Can
Warranty Deed -- Pioneer Title Company Of Can
Warranty Deed -- Pioneer Title Company Of Can
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 Loan Amount Loan Type
Previous Owner $67,500 New Conventional
Previous Owner $34,250 Stand Alone Second
Previous Owner $137,120 Fannie Mae Freddie Mac
Source: Public Records

Source: Intermountain MLS

MLS Number: 98975918

Intermountain MLS

APN: 0387201000

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