This fully rented 4-plex is a prime investment opportunity in a highly sought-after location. The property features four 2-bedroom, 2-bathroom units, all professionally managed by a local property management company. Each unit boasts modern interiors along with spacious rooms filled with natural light. Tenants enjoy the convenience of in-unit washers, dryers, freestanding oven/ranges, and refrigerators. Situated minutes from downtown Meridian and with easy access to the interstate, this 4-plex offers both long-term value and immediate rental income.
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1297 W Pine Ave BUILDING G, Meridian, ID 83642
8beds
8baths
3,812sqft
Quadruplex, Multi Family
Built in 2018
-- sqft lot
$910,800 Zestimate®
$--/sqft
$1,886 Estimated rent
Home value
$910,800
$847,000 - $975,000
$1,886/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 30, 2025 at 11:34am
Listed by:
Mike Brown 208-250-3444,
Silvercreek Realty Group
Bought with:
Non Member
NON MEMBER OFFICE
Source: IMLS,MLS#: 98940212
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
- Laundry: In Unit
Features
- Unit 1 Baths: 2, Unit 2 Baths: 2, Unit 3 Baths: 2, Unit 4 Baths: 2
- Has basement: No
Interior area
- Total structure area: 3,812
- Total interior livable area: 3,812 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 10,454 sqft
- Dimensions: 111 x 96
- Features: Standard Lot 6000-9999 SF, Irrigation, Sidewalks
Details
- Parcel number: R9350800180
- Zoning: City of Meridian R-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 2018
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Meridian
- Subdivision: Tramore
HOA & financial
HOA
- HOA fee: $260 monthly
Other financial information
- Total actual rent: 5745
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,917 -2% | $906,700 -0.9% |
| 2023 | $5,018 -2.9% | $914,800 -3.2% |
| 2022 | $5,169 +11.6% | $945,300 +29.8% |
Find assessor info on the county website
Neighborhood: 83642
Nearby schools
GreatSchools rating
- 4/10Meridian Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Meridian Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Meridian High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Meridian
- Middle: Meridian Middle
- High: Meridian
- District: West Ada School District
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.