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Unfurnished dining area with dark wood finished floors, healthy amount of natural light, and a chandelier
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View of front of house with a shingled roof and mansard roof
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View of concrete road with a residential view
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Entrance foyer with wood finished floors and baseboards
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Unfurnished living room featuring dark wood-type flooring and stairway
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Empty room featuring dark wood-style floors and a textured ceiling
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Empty room featuring dark wood-type flooring and a textured ceiling
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Unfurnished living room featuring wood finished floors, a textured ceiling, and stairway
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Spare room with stairway, a chandelier, and dark wood finished floors
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Empty room with a chandelier, dark wood-style floors, and stairs
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Kitchen featuring electric range oven, white microwave, a chandelier, brown cabinetry, and hanging light fixtures
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Kitchen featuring white appliances, brown cabinets, dark countertops, dark wood-style flooring, and open shelves
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Kitchen featuring white appliances, brown cabinets, and dark wood-style floors
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Kitchen featuring white appliances, brown cabinets, dark wood-style flooring, dark countertops, and open shelves
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Kitchen featuring freestanding refrigerator, brown cabinets, dark wood-type flooring, hanging light fixtures, and a chandelier
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Unfurnished dining area featuring dark wood-style floors and a chandelier
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Unfurnished dining area featuring a chandelier and dark wood-style floors
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Kitchen with electric stove, open shelves, white microwave, brown cabinetry, and dark countertops
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Kitchen featuring white appliances, brown cabinetry, open shelves, and dark wood finished floors
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Staircase with a chandelier and wood finished floors
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Unfurnished room featuring dark wood-style flooring and a textured ceiling
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Unfurnished bedroom with multiple closets, dark wood finished floors, and a textured ceiling
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Unfurnished bedroom with multiple closets, dark wood-style floors, and a textured ceiling
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Empty room with a textured ceiling and dark wood-type flooring
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Hallway with an upstairs landing and wood finished floors
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Full bathroom with vanity and shower combination
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Bathroom with vanity and bathtub / shower combination
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Bathroom featuring a textured wall and vanity
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Unfurnished room with baseboards and wood-type flooring
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Unfurnished bedroom with dark wood-style floors and a closet
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Unfurnished bedroom featuring wood finished floors and a closet
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Spare room featuring dark wood-type flooring and baseboards
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Corridor with dark wood-style flooring
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Rear view of house with roof with shingles, a patio, and mansard roof
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View of front of house with a shingled roof, mansard roof, concrete driveway, and a residential view
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View of building exterior
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View of front of house with a shingled roof, mansard roof, and a residential view
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Aerial perspective of suburban area
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Aerial view of residential area
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Aerial view of residential area featuring a mountain backdrop
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Aerial view of residential area featuring a mountain backdrop
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Drone / aerial view
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Aerial view of residential area
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Aerial perspective of suburban area
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Aerial view of residential area
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View of front facade featuring a shingled roof and mansard roof
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View of property
3.5% WRAP Opportunity. 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 communities. 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!
- Heating:
- Forced Air, Gas
- Cooling:
- Central air, All Units
- Total Parking:
- 8
- Refrigerator:
- All units
- Stove/Range:
- All units
- Washer/Dryers:
- All units
- Washer/Dryer Hookups:
- All units
- Country:
- US
- State:
- ID
- County:
- Ada
- City:
- Meridian
- Zipcode:
- 83642
- Street:
- 700 W Idaho Ave.
- Longitude:
- W117° 35' 48.3''
- Latitude:
- N43° 36' 40.5''
- School District:
- West Ada School District
- Elementary School:
- Meridian
- Middle School:
- Meridian Middle
- High School:
- Meridian
- Status:
- Back on Market
- Type:
- Fourplex
- Tax Year:
- 2025
- Taxes:
- $3,591
- Potential Short Sale:
- No
- Unit count:
- 4
- Age:
- 31-50 Years
- Auction:
- No
- Flood Ins Required:
- No
- In Foreclosure:
- No
- Land Size:
- Standard Lot 6000-9999 SF
- Home Owner Exempt:
- No
- HOA Frequency:
- Not Applicable
- Construction:
- Frame
- Roof:
- Roll, Composition shingle
- Lot Features:
- Sidewalks, Handicap parking, Finished Driveway
- Water:
- City service
- Land Use:
- 2-4 units
Residential Income For Sale
700 W Idaho Ave., Meridian, Idaho 83642
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Status :
- Active
- Listing ID :
- 98969618
- Price :
- $899,990
- Bedrooms :
- 2
- Bathrooms :
- 1
- Apx SqFt :
- 3,360 SqFt
- Year Built :
- 1978
- Days on Market :
- 33
- Subdivision :
- 0 Not Applic.
- Update Date :
- 01/22/2026 19:01:27