2985 N Meridian Rd Bldg I

Meridian, ID 83646
Beds
10
Baths
8
Square Ft.
4,607
$1,185,000
This fully occupied 4-plex in Maddyn Village presents an exceptional investment opportunity in a sought-after location. The building features two 3-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, each offering modern finishes including granite countertops, a breakfast bar, and bright, spacious living areas. Every unit is equipped with a washer,Read MoreRead Less
Market LogoCourtesy of Silvercreek Realty Group, Silvercreek Realty Group 208-377-0422.

Listings marked with the IDX logo are sourced from the Intermountain MLS.

Listing Snapshot
Days Online
22
Last Updated
Property Type
Quadruplex
Beds
10
Full Baths
8
Square Ft.
4,607
Lot Size
0.14 Acres
Year Built
2019
MLS Number
98967566
Property Location Map
Additional Details
Cooling
Cooling YN: t, Cooling: "Ductless/Mini Split"
Building
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 4607, Building Area Units: Square Feet, Construction Materials: "Frame", "Stone", "Wood Siding", Living Area: 4607, Living Area Units: Square Feet, Year Built: 2019
Appliances & Equipment
Appliances: "Disposal (All Units)", "Stove/Range (All Units)", "Refrigerator (All Units)", "Washer/Dryer (All Units)"
Home Owner's Association
Association Fee: 3860, Association Fee Frequency: Annually
Garage
Carport YN: t, Covered Spaces: 1, Garage Spaces: 1, Garage YN: t
Property
Current Use: "2-4 Units", Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: R5430950400, Property Sub Type: Quadruplex, Property Type: Residential Income
Utilities
Electric: "205", "Unit 1 Separate Meter", "Unit 2 Separate Meter", "Unit 3 Separate Meter", "Unit 4 Separate Meter", Electric Expense: 205, Trash Expense: 646, Utilities: "Sewer Connected"
Foundation
Foundation Details: "Crawl Space"
Income
Gross Income: 75716, Gross Scheduled Income: 6715, Net Operating Income: 59781
Heating
Heating: "Ductless/Mini Split", Heating YN: t
Water Features
Irrigation Source: "Irrigation District: Yes", Water Source: "City Service"
Laundry
Laundry Features: "Washer/Dryer Hookups (All Units)"
Lot
Lot Features: "Standard Lot 6000-9999 SF", "Irrigation", "Sidewalks", Lot Size Acres: 0.14, Lot Size Area: 0.14, Lot Size Square Feet: 6098.4, Lot Size Units: Acres
Expenses
Maintenance Expense: 6433, Manager Expense: 3821, Operating Expense: 15935, Other Expense: 3860
Parking
Parking Features: "One Car", "Carport", "Detached", Parking Total: 8
Taxes
Tax Annual Amount: 6220.62, Tax Legal Description: Lot 20 in Block 1 of Maddyn Village Subdivision, according to the plat thereof, filed in Book 114 of Plats at Page(s) 16951 to 16954, records of Ada County, Idaho., Tax Year: 2024
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Tracie McDonald
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Listings marked with the IDX logo are sourced from the Intermountain MLS.

The above information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.