2985 N Meridian Rd BLDG G Meridian, ID
$ 1,300,000
Property Attributes
  • MLS#98829011
  • TypeIncome
  • CountyADA
  • CityMeridian
  • AreaMeridian NE
  • NeighborhoodMaddyn Village
  • Zip83646
  • StyleFourplex
  • Year Built2019
  • Taxes$ 5920
  • Price$ 1,300,000
  • Bedrooms10
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4607
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Silvercreek Realty Group
Data Source:
Intermountain MLS (IMLS)
Property Description

Individually parceled, stabilized fourplex in the heart of Meridian. Walkable to Settlers Park and minutes from the Village at Meridian, these buildings are in a prime rental location. Built in 2019 by local award winning builder Maddyn Homes. Owner has multiple buildings in this subdivision for sale. Fully Rented and professionally managed. Each Building has 2 x 2bed/2bath and 2 x 3bed/2bath. One assigned covered parking spot per unit, and plenty of additional unassigned parking spaces. Perfect investment opportunity with ability to show seasoned rental history for very new and well constructed buildings in high end multifamily community. Drive by only, do not disturb tenants. See Matterport virtual tour for interior.

Elementary School Middle School High School
River Valley Elementary School Meridian Middle Meridian High School
Price History
1/11/2022 Listed $1,300,000

General Features

Age 1-5 Years
Assoc. Fees Frequency. Annual
Association Fees 550
Auction No
Construction Frame, Stone, Wood Siding, Foundation - Crawl space
Cooling Ductless
Electric 75
Elementary School River Valley
Flood Ins Required(y/n) No
Garage One Car, Carport, Detached, Other
Heating Electric, Ductless
High School Meridian
Home Owner Exempt (y/n) No
Legal Description LOT 22 BLK 01 MADDYN VILLAGE SUB
Listing Area Meridian NE - 1020
Middle School Meridian Middle
Price Per Sq Ft 282.18
Roof Composition Shingle
School District West Ada School District
Sewer Yes Connected
Status Active
Status Active
Structure Cable/Satellite TV
Subdivision Maddyn Village
Taxes 5920.76
Terms Cash, Conventional
Total Annual Expense 18175
Type Fourplex
Water City Service
Year Built 2019

Interior Features

Refrigerator All Units
SQFT Above Ground 4607
Stove/Range All Units
U1 # Baths 2
U1 #bedroms 3
U1 Actual Monthly Rent 1925
U1 Apx Sqft 1375
U1 Projected Monthly Rent 1925
U1 Sepmtrs: Elec (y/n) Yes
U2 # Baths 1.5
U2 #bedrooms 2
U2 Actual Monthly Rent 1540
U2 Apx Sqft 1175
U2 Projected Monthly Rent 1725
U2 Sepmtrs: Elec (y/n) Yes
U3 # Baths 2
U3 # Bedrooms 3
U3 Actual Monthly Rent 1425
U3 Apx Sqft 1375
U3 Projected Monthly Rent 1925
U3 Sepmtrs: Elec (y/n) Yes
U4 # Baths 1.5
U4 #bedrooms 2
U4 Actual Monthly Rent 1655
U4 Apx Sqft 1175
U4 Projected Monthly Rent 1725
U4 Sepmtrs: Elec (y/n) Yes
Washer/Dryer All Units
Washer/Dryer Hookups All Units

Exterior Features

Land Size Standard Lot 6000-9999 SF
Lot Description Irrigation, Sidewalks
Number of Parking Spaces 8


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 83646

AVG $1.3M
AVG $5,883
Year Built
AVG 2019

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