Residential Income for Sale: 812 NW 4th St., Meridian, ID 83642

7 beds
2 baths
3,252 sqft
mls #98896601
$778,500
$778,500
812 NW 4th St., Meridian, ID 83642
7 beds
2 baths
3,252 sqft
mls #98896601
$778,500
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Price:
$778,500
$21,400 - 07/18/2024
Est. payment: Skip to Mortgage Calculator

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Type Residential Income
Beds 7
Bathrooms 2
Square Feet 3,252 sqft
Garage Spaces 2
Year Built 1971
City Meridian
County Ada
School District West Ada School District
Subdivision 0 Not Applic.
MLS 98896601
Status Active
DOM 349 days
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.

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Lot & Building Features

Appliances Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Heating Ceiling, Electric
Cooling All Units, Wall/Window Unit(s)
Parking Attached, Other, Two Car, Finished Driveway
Tax Year 2023
Water City Service
Lot Standard Lot 6000-9999 SF, Bus on City Route, Sidewalks

Community and Schools

Elementary School Meridian
Junior High School Meridian Middle
Senior High School Meridian

Price History of 812 4th St., Meridian, ID

Date Name Price Difference
07/18/2024 Price Adjustment $778,500 2.68%
01/08/2024 Listing Price $799,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Mike Louie & Jennifer Hickey
Direct: 208-577-7777
Office
9601 W. State St.
Garden City, ID 83714
208-684-0000
Listed by Coldwell Banker Tomlinson, Amanda Alvaro
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812 4th St. (MLS #98896601) is a residential income listing located in Meridian, ID. This residential income listing is 3,252 sqft with 7 bedrooms and 2 baths. This property was listed on 12/14/2023 and has been priced for sale at $778,500.

Nearby zip codes are 83642 1990, 83642 2309, 83642 2341, 83646 7286 and 83646. This property neighbors other cities such as Boise, Eagle and Nampa.

IMLS

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Listing information courtesy of: Coldwell Banker Tomlinson

© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by other brokerage firms are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and 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. Data last updated 12/22/2024.