700 W Idaho Ave., Meridian, ID 83642
Courtesy of Aspire Realty Group. Cell: 208-789-1390
- $849,900
- 8
- BD
- 4
- BA
- 3,360
- SqFt
- List Price
- $849,900
- Price Change
- ▼ $15,090 1784588602
- Days on Market
- 36
- Closing Date
- Oct 07, 2026
- Status
- PENDING
- MLS#
- 98991030
- Bedrooms
- 8
- Subdivision
- 0 Not Applic.
- Bathrooms
- 4
- County
- Ada
- Sq. Ft
- 3360
- Year Built
- 1978
- Age
- 1978
Property Description
Prime investment opportunity in the heart of Downtown Meridian! This well-maintained 4-plex offers a rare blend of location, stability, and upgrades—with no HOA. Units have been tastefully renovated over past few years, featuring updated finishes that tenants love. Major systems are in great condition, including a newer roof, new water heaters in 2024, and new AC units in most units, reducing maintenance costs and boosting long-term value. This property has a remarkable rental history with excellent long-term tenants and zero vacancy for the past 7 years, offering peace of mind and consistent cash flow. Located steps from Meridian’s dining, shopping, parks, and future growth, it’s ideal for investors seeking a turnkey asset in one of the Treasure Valley’s most desirable locations. Whether you’re adding to your portfolio or seeking a dependable income-producing property, this 4-plex checks every box. Don’t miss this chance to own a strong performer in an unbeatable location!
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Additional Information
- Land Use
- 2-4 Units
- Sq. Ft
- 3360
- Garagetype
- Finished Driveway
- Roof
- Composition, Rolled/Hot Mop
- Construction
- Frame
- Lot Features
- Standard Lot 6000-9999 SF, Sidewalks
- Air Conditioning
- Central Air, All Units
- Heating
- Forced Air, Natural Gas
- Water
- City Service
- Electric
- Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Gas
- Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- School District
- West Ada School District
- Elementary School
- Meridian
- Middle School
- Meridian Middle
- High School
- Meridian
- Taxes
- $3,591
- Tax Year
- 2025
- Parcel Number
- S1212428085
- Gross Operating Income
- 65400
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