812 NW 4th St., Meridian ID, 83642

Active

812 NW 4th St.

Meridian ID, 83642

$778,500

$239.39 per sqft

Active

7 Beds

4 Baths

3,252 sqft

Multi-family

Built in 1971

Courtesy of Amanda Alvaro, Coldwell Banker Tomlinson

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.

98896601

MLSⓇ ID

December 14, 2023

Listed

December 17, 2024

Updated

Map

812 NW 4th St.
Meridian ID, 83642

Interior Features

Bedrooms: 7
Total Bathrooms: 4
Appliances: Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Laundry Description: Washer/Dryer Hookups (All Units)
Fireplace: No
Cooling: Yes
Cooling Description: All Units, Wall/Window Unit(s)
Heating: Yes
Heating Description: Ceiling, Electric

Exterior/Building Features

Lot Features: Standard Lot 6000-9999 SF, Bus on City Route, Sidewalks
Roof: Composition

School Information

School District: West Ada School District
High School: Meridian
Elementary School: Meridian

Other Property Details

Area Name: Meridian NW - 1030
Taxes: $3,398
Tax Frequency: Annually
Days on Market: 344
Garage: Yes
Garage Spaces: 2
Parking: Attached, Other, Two Car, Finished Driveway
Parking Total: 4
View: No
County: Ada
Water Source: City Service
Pool: No

Listing History

Date	Event	Price
7/18/2024	Price change	$778,500 -3%
5/14/2024	Active	—
4/19/2024	Pending	—

Courtesy of Coldwell Banker Tomlinson, Amanda Alvaro,
Listing Contact: 208-850-7070

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Data last updated 2:57 PM UTC, 12/17/2024

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