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Property Description

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!

Features
Heating:
Forced Air, Gas
Cooling:
Central air, All Units
Total Parking:
8
Appliances
Refrigerator:
All units
Stove/Range:
All units
Washer/Dryers:
All units
Washer/Dryer Hookups:
All units
Address Map
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''
Schools
School District:
West Ada School District
Elementary School:
Meridian
Middle School:
Meridian Middle
High School:
Meridian
Additional Details
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

2 Bedrooms
1 Bathrooms
3,360 SqFt
Visits : 1 in 43 days
$899,990
Listing ID #98969618
Basic Details
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
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