812 NW 4th St.
Meridian, ID 83642
- 7 beds
- 4 baths
- 3,252 sqft
- $239 per sqft
- 1971 build
- – on site
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.
Listing courtesy of IMLS / Coldwell Banker Tomlinson
Last checked:
Checking…
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Last updated Nov 11, 2024
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MLS# 98896601 —
The Building
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Year Built:1971
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Construction Materials:Brick
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Roof:Composition
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Foundation Details:Crawl Space
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# of Units Total:3
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Building Area Total:3252
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Laundry Features:Washer/Dryer Hookups (All Units)
Room Dimensions
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Living Area:3252
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Living Area Units:Square Feet
Location
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Directions:From Freeway, Go north on Meridian Rd. Exit, go west on Pine, south on 4th st. property on corner of Idaho and 4th
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Latitude:43.611425
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Longitude:-116.398115
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Coordinates:-116.398115, 43.611425
The Property
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Parcel Number:R9323750583
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Property Type:Residential Income
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Property Subtype:Triplex
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Zoning Description:City of Meridian R-15
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Current Use:2-4 Units
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Lot Features:Standard Lot 6000-9999 SF
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (208) 850-7070
- Office phone:
- (208) 672-0447
Taxes
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Tax Year:2023
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Tax Annual Amount:3398
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Tax Legal Description:Lot 5 Block 8 West View Add to Meridian
Beds
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Bedrooms Total:7
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://tourfactory.com/idxr3122996
Heating & Cooling
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Heating:Ceiling
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Heating:true
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Cooling:All Units
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Cooling:true
Utilities
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Utilities:Sewer Connected
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Electric:Unit 1 Separate Meter
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Water Source:City Service
Appliances
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Appliances:Disposal (No Units)
Schools
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Elementary School:Meridian
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Elementary School District:West Ada School District
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Middle Or Junior School:Meridian Middle
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Middle Or Junior School District:West Ada School District
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High School:Meridian
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High School District:West Ada School District
The Community
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Subdivision Name:0 Not Applic.
Parking
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Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:4
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Parking Features:Attached
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Covered Spaces:2
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/18/24
Jul 18, 2024
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Price Changed | IMLS | $778,500 | -2.7% |
5/14/24
May 14, 2024
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Relisted | IMLS | $799,900 | |
4/19/24
Apr 19, 2024
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Pending | IMLS | $799,900 |