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1297 W Pine Ave Bldg K Meridian, ID $ 1,099,900
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1297 W Pine Ave Bldg K
$ 1,099,900
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1297 W Pine Ave Bldg K

Meridian, ID, 83642
$ 1,099,900
Bedrooms8 Baths12.0 Sq 4,182

Monthly Estimate*

$ 7,683

1297 W Pine Ave Bldg K, Meridian, ID 83642 - Image 1
1297 W Pine Ave Bldg K, Meridian, ID 83642 - Image 2
1297 W Pine Ave Bldg K, Meridian, ID 83642 - Image 3

Multi-Family Home for sale in Meridian, ID

for $1,099,900 with 8 bedrooms and 12 full baths. This 4,182 square foot home was built in 2018 on a lot size of 0.24.

Fantastic investment opportunity! This 4-plex townhome-style property boasts a prime Meridian location. Each unit offers 2 bedrooms, 2.5 baths, modern finishes and a bright, airy interior. The spacious kitchen includes an oversized breakfast bar and walk-in pantry. Upstairs, two bedrooms feature ensuite bathrooms and large closets. Complete with appliances and blinds, all units are currently rented, ensuring immediate returns. Don't miss out on this turnkey investment with great rental potential!

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Multi-Family Pending

Price

$ 1,099,900

Bedrooms

8

Full Bath

12

Property Type

Multi-Family

Taxes

$ 5,310

Style

Quadruplex

Lot Size

0.24

Year Built

2018

Town/City

Meridian

County/Region

Ada

MLS | Web ID

98901972
Features
General
Heating Electric Forced Air
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Appliances Disposal (All Units) Stove/Range (All Units) Refrigerator (All Units) Washer/Dryer (All Units)
HOA 260
Construction Materials Frame
Year Built 2018
Electric 0 Unit 1 Separate Meter Unit 2 Separate Meter Unit 3 Separate Meter Unit 4 Separate Meter
Property SubType Quadruplex
Tax Year 2023
Current Use 2-4 Units
Percent Ownership Fee Simple
Gross Income 73200
Assoc Fee Paid Per Monthly
County Ada
Net Operating Income 58627
Operating Expense 14573
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Tramore
Garage Y/N N
Status Pending
Directions N Linder Ave E Pine Ave S at Tramore sign to property
High School Meridian
City Meridian
Buyer Agent Compensation 2.5
Senior Community Y/N N
High School District West Ada School District
Zoning Description City of Meridian-R-15
Total Units 4
MLS Area Meridian NW - 1030
Lot Size Square Feet 10454.4
Waterfront Y/N N
Carport Y/N N
Street Name Pine Ave Bldg K
Listing Terms Cash
Elementary School Meridian
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5310.82
Home Warranty Y/N N
Middle/Junior High School Meridian Middle
Building Area Units Square Feet
Middle/Junior School District West Ada School District
Elementary School District West Ada School District
Total Actual Rent 6100
Cap Rate 5.3
Buyer Agent Compensation Type %
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Exterior
Lot Features 10000SF - .49 Irrigation Sidewalks
Water Source City Service
Total Parking 4
Lot Size Area 0.24
Spa N
Building Area Total 4182
Lot Size Acres 0.24
Lot Size Units Acres
Open Parking Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Washer/Dryer Hookups (All Units)
Total Bedrooms 8
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 12
Living Area Units Square Feet
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Internal Only
Street Number 1 1297
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* Excluded Features
List By
Mike Brown

Listing Agent

Silvercreek Realty Group

Broker

mike@mikebrowngroup.com

Email

Affordability Calculator

$8,126
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,683
Monthly Property Taxes
$443
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1085623 Elementary School
1085625 Middle School
Meridian High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/1/2024$1,099,900 Listed Price

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1297 W Pine Ave Bldg K, Meridian, ID, 83642 is a Multi-Family Home for sale at $1,099,900 with 4,182 sqft and a lot size of 0.24. 1297 W Pine Ave Bldg K has 8 bedrooms, 12.0 baths, and was built in 2018. The property's zip code is 83642 which is in Meridian, ID

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