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2985 N Meridian Rd Bldg H

Meridian, ID 83646
  • $1,198,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 98940213
UPDATED: 46 min ago
$1,198,000
  • 11
    BEDS
  • 0.14
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,607
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2018
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Silvercreek Realty Group.

Description

This fully occupied 4-plex in Maddyn Village is a fantastic investment opportunity in a highly desirable location. The property includes two 3-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, all featuring modern interiors with granite countertops, a breakfast bar, and spacious, light-filled rooms. Each unit comes equipped with a washer, dryer, freestanding oven/range, and refrigerator for tenant convenience. Parking is plentiful, with one covered space per unit and additional uncovered spots available. Professionally managed by a local property management company, this property is situated across from Settlers Park, near The Village, and offers easy access to the interstate. With reliable rental income and a prime location, this 4-plex is an excellent addition to any investment portfolio.

Directions: Fairview Ave, N Meridian Rd, W on street after Sedgewick Dr

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Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-04-20T09:10:36.26.
www.realestatetwinfalls.com/homes/161832817
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2985 N Meridian Rd Bldg H Meridian, ID 83646

  • Price: $1,198,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 46 min ago
  • MLS #: 98940213
11
Beds
8
Baths
0
½ Baths
0.14
Acres
4,607
SQFT
$260
$/SQFT
2018
Built
Neighborhood:
Maddyn Village
County:
Ada
Area:
Meridian Nw - 1030
Elementary School:
River Valley
Middle School:
Meridian Middle
High School:
Meridian
School District:
West Ada School District
Property Description
This fully occupied 4-plex in Maddyn Village is a fantastic investment opportunity in a highly desirable location. The property includes two 3-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, all featuring modern interiors with granite countertops, a breakfast bar, and spacious, light-filled rooms. Each unit comes equipped with a washer, dryer, freestanding oven/range, and refrigerator for tenant convenience. Parking is plentiful, with one covered space per unit and additional uncovered spots available. Professionally managed by a local property management company, this property is situated across from Settlers Park, near The Village, and offers easy access to the interstate. With reliable rental income and a prime location, this 4-plex is an excellent addition to any investment portfolio.

Directions: Fairview Ave, N Meridian Rd, W on street after Sedgewick Dr
Exterior Features

Carport YN Yes Construction Materials FrameStoneWood Siding Covered Spaces 1 Foundation Details Crawl Space Lot Features Standard Lot 6000-9999 SFIrrigationSidewalks Parking Features CarportDetachedOne Car Parking Total 8 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (All Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (All Units) Below Grade Finished Area Units Square Feet Building Area Total 4607 Cooling Ductless/Mini Split Cooling YN Yes Garage YN Yes Heating Ductless/Mini Split Heating YN Yes Laundry Features Washer/Dryer Hookups (All Units)

Property Features

Association Fee 3846 Association Fee Frequency Annually Current Use 2-4 Units Electric 533Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate Meter Gross Income 73476 Listing Terms CashConventional Net Operating Income 55030 Operating Expense 18446 Ownership Fee Simple Property Sub Type Quadruplex Tax Annual Amount 6220.62 Tax Legal Description See Exhibit A Tax Year 2024 Total Actual Rent 6534 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Silvercreek Realty Group: 208-377-0422.


Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Jeremy Orton Real Estate Group | Keller Williams are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-04-20T09:10:36.26.
 
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Jeremy Orton Real Estate Group | Keller Williams
647 Filer Ave., Ste 101
Twin Falls ID, 83301
Intermountain MLS logoCourtesy of Silvercreek Realty Group.