Multi Family Home · Meridian, ID

700 W Idaho Ave., Meridian, ID 83642

$849,900 Pending MLS® 98991030 Multi Family Home
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PendingMLS® 98991030
$849,900
700 W Idaho Ave., Meridian, ID 83642
8 Bds 4 Ba 3,360 Sq.Ft. Ac
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!

Interior Features
  • Additional features
  • Utilities Sewer Connected, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Air conditioning Central Air, All Units
  • Basement description
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension
  • Lot description Standard Lot 6000-9999 SF, Sidewalks
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension
  • Lot description Standard Lot 6000-9999 SF, Sidewalks
  • Foundation
  • Exterior
  • Roofing materials Composition, Rolled/Hot Mop
Location