700 W Idaho Ave. Meridian, ID $ 899,990
700 W Idaho Ave.
$ 899,990
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700 W Idaho Ave.

Meridian, ID, 83642
$ 899,990
Bedrooms8 Baths1.0 Sq 3,360

Monthly Estimate*

$ 5,615

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Multi-Family Home for sale in Meridian, ID

for $899,990 with 8 bedrooms and 1 full bath. This 3,360 square foot home was built in 1978.

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!

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Multi-Family Active

Price

$ 899,990

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,591

Style

Year Built

1978

Town/City

Meridian

County/Region

Ada

MLS | Web ID

98969618

Features
General
Heating Forced Air
Cooling Central Air
Utilities Sewer Connected
Roof Composition
Appliances Stove/Range (All Units)
HOA Fee 0
Gas Y/N Unit 1 Separate Meter
Construction Materials Frame
Year Built 1978
Electric Unit 1 Separate Meter
Property Subtype Quadruplex
Tax Year 2025
Current Use 2-4 Units
Ownership Fee Simple
Gross Income 5150
Accessibility Handicap Parking
County Ada
Property Type Residential Income
Subdivision Name 0 Not Applic.
Status New
Directions Pine to 7th to Idaho
High School Meridian
City Meridian
High School District West Ada School District
Number Of Units Total 4
MLS Area Meridian NW - 1030
Lot Size Units Acres
Listing Terms Cash
Elementary School Meridian
Tax Annual Amount 3591.14
Middle/Junior High School Meridian Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District West Ada School District
Elementary School District West Ada School District
Total Actual Rent 5150
Legal Description PAR #8085 OF NW4SE4 SEC 12 3N 1W
LeasableAreaUnits Square Feet
Freehold IDX
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Interior
Air Conditioning Y/N true
Heating Y/N true
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 4
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Exterior
Parking Features Finished Driveway
Lot Features Standard Lot 6000-9999 SF
Water Source City Service
Total Parking 8
Building Area Total 3360
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* Excluded Features
List By
Easton Napiontek

Listing Agent

Aspire Realty Group

Broker

eastonnapiontek@gmail.com

Email

Affordability Calculator

$5,914
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,615
Monthly Property Taxes
$299
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1085623 Elementary School
0 Middle School
Meridian High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$899,990 Listed Price

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700 W Idaho Ave., Meridian, ID, 83642 is a Multi-Family Home for sale at $899,990 with 3,360 sqft. 700 W Idaho Ave. has 8 bedrooms, 1.0 baths, and was built in 1978. The property's zip code is 83642 which is in Meridian, ID