Great investment property in Meridian. Unit 812 was just completely remodeled and updated, is like new. Unit 812 is leased for $1395.00/month, rented in one day. Unit 810 is leased for $1195.00/mo and Unit 332 is leased for $1895.00/mo. Units 810 and 332 both have just had bathrooms completely updated. New updates include: Roof with warranty, Wall AC units for each unit. Newly painted exterior, new exterior doors, New exterior lighting, windows throughout, New water lines, newer sidewalks and landscaping. New appliances in all except for oven/range and dishwasher in unit 810. There is gas to the property but is not hooked up to any of the units. Great investment opportunity! One tenant has occupied for approx. 10 years and the other for approx. 7 years. Easy freeway access, seller has never had an issue renting out the units. This Charming triplex is single level. NOI is $48,959.00 making a 6% Cap Rate.
Sold
Price Unknown
812 NW 4th St, Meridian, ID 83642
7beds
4baths
3,252sqft
Triplex, Multi Family
Built in 1971
-- sqft lot
$759,300 Zestimate®
$--/sqft
$1,807 Estimated rent
Home value
$759,300
$706,000 - $820,000
$1,807/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 13, 2025 at 01:14pm
Listed by:
Amanda Alvaro 208-850-7070,
Coldwell Banker Tomlinson
Bought with:
Neal Elliott
208 properties Realty Group
Source: IMLS,MLS#: 98896601
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Ceiling, Electric
Cooling
- Wall/Window Unit(s), All Units
Appliances
- Included: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Laundry: In Unit
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 2
- Has basement: No
Interior area
- Total structure area: 3,252
- Total interior livable area: 3,252 sqft
Property
Parking
- Total spaces: 4
- Parking features: Two Car, Other, Attached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Features: Standard Lot 6000-9999 SF, Near Public Transit, Sidewalks
Details
- Parcel number: R9323750583
- Zoning: City of Meridian R-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick, Frame
- Foundation: Crawl Space
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Meridian
HOA & financial
Other financial information
- Total actual rent: 4485
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,161 -8% | $635,200 +0% |
| 2024 | $3,436 -1.3% | $634,900 -0.7% |
| 2023 | $3,483 +6.4% | $639,300 -2.5% |
Find assessor info on the county website
Neighborhood: 83642
Nearby schools
GreatSchools rating
- 4/10Meridian Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Meridian Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Meridian High SchoolGrades: 9-12Distance: 0.9 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.