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About the Listing 13035 - 554744
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!
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
98969618
Year Built
1978
Total Square Footage
3,360
Lot/Acreage
N/A
County
Ada
Neighborhood
0 Not Applic.
Area
Meridian NW - 1030
School District
West Ada School District
Elementary School
Meridian
Middle School
Meridian Middle
High School
Meridian
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Air Cond: Central Air,All Units
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Service
Exterior Details
- Lot Description: Standard Lot 6000-9999 SF,Sidewalks
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof: Composition,Rolled/Hot Mop
- Others:
- Sewer:
- Parking Features: Finished Driveway
Financial Details
- Tax Amount: $3,591
- Taxes w/Assessments: N/A
- Tax/Property ID: S1212428085
- Tax Year: 2025
Payment Calculator
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Questions About..
700 W Idaho Ave. Meridian, ID 83642
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