A turnkey investment opportunity in one of Southeast Meridian's most in-demand rental corridors. This well-maintained fourplex sits within the established Sagecrest community, offering steady rental demand thanks to its prime location just minutes from I-84, Eagle Road, and the shopping, dining, and entertainment hubs of South Meridian. Each unit is designed for tenant appeal and low turnover, featuring functional split floor plans, full-size side-by-side washer/dryer, dishwasher, microwave, refrigerator, central air conditioning, and a private patio or balcony with extra storage. Sagecrest community's shared amenities include a fully furnished clubhouse available for resident events, a seasonal pool, 24-hour fitness center, and playground. Meridian's continued population growth and easy freeway access drive expanded demand. This fourplex presents a compelling opportunity for investors seeking reliable cash flow and long-term appreciation in a growing Treasure Valley. Building 35 listed for sale.
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Price Unknown
1805 E Overland Rd #40, Meridian, ID 83642
8beds
4baths
3,380sqft
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$933,000 Zestimate®
$--/sqft
$1,594 Estimated rent
Home value
$933,000
$886,000 - $980,000
$1,594/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tricia Callies Main:208-475-1313,
KW Commercial
Bought with:
Garrett Olson
Silvercreek Realty Group
Source: IMLS,MLS#: 98994559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, All Units
Appliances
- Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
- Laundry: In Unit
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
- Has basement: No
Interior area
- Total structure area: 3,380
- Total interior livable area: 3,380 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 4,356 Square Feet
- Features: Small Lot 5999 SF, Sidewalks
Details
- Parcel number: R7689250520
- Zoning: L-O
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Sagecrest
HOA
- HOA fee: $300 monthly
Location
- Region: Meridian
Financial & listing details
- Tax assessed value: $799,800
- Annual tax amount: $6,107
- Date on market: 7/20/2026
- Listing terms: Consider All
- Ownership: Fee Simple
- Total actual rent: 5285
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,008 -1.4% | $799,800 -10.1% |
| 2025 | $4,066 -21% | $889,400 +8.9% |
| 2024 | $5,147 +11.4% | $816,800 -14.7% |
| 2023 | $4,620 -4.6% | $957,600 +10% |
| 2022 | $4,841 +5.8% | $870,300 +27.6% |
| 2021 | $4,577 -22.8% | $682,100 +24.2% |
| 2020 | $5,930 +17% | $549,100 +0.1% |
| 2019 | $5,069 +5% | $548,300 +26.3% |
| 2018 | $4,829 +4.9% | $434,200 +10.9% |
| 2017 | $4,603 | $391,400 +9.1% |
| 2016 | $4,603 | $358,800 +8% |
| 2015 | $4,603 +7.1% | $332,300 +40.5% |
| 2012 | $4,300 +39.5% | $236,500 +5% |
| 2011 | $3,082 -4.8% | $225,200 -9.8% |
| 2010 | $3,238 -22.9% | $249,600 -16.6% |
| 2009 | $4,200 +91.9% | $299,200 -27.2% |
| 2007 | $2,189 | $411,000 +28.4% |
| 2006 | -- | $320,200 |
Find assessor info on the county website
Neighborhood: 83642
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Nearby schools
GreatSchools rating
- 9/10Eliza Hart Spalding STEM AcademyGrades: PK-5Distance: 1.8 mi
- 7/10Lewis & Clark Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Mountain View High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Pepperridge
- Middle: Lewis and Clark
- High: Mountain View
- 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.
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Estimated market value
$933,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$933,000
- Idaho
- Ada County
- Meridian
- 83642
- 1805 E Overland Rd Unit 40
