A turnkey investment opportunity in one of Southeast Meridian's most in-demand rental corridors. This well-maintained fourplex sits within the established Sagecrest community, offering steady rental demand thanks to its prime location just minutes from I-84, Eagle Road, and the shopping, dining, and entertainment hubs of South Meridian. Each unit is designed for tenant appeal and low turnover, featuring functional split floor plans, full-size side-by-side washer/dryer, dishwasher, microwave, refrigerator, central air conditioning, and a private patio or balcony with extra storage. Sagecrest community's shared amenities include a fully furnished clubhouse available for resident events, a seasonal pool, 24-hour fitness center, and playground. Meridian's continued population growth and easy freeway access drive expanded demand. This fourplex presents a compelling opportunity for investors seeking reliable cash flow and long-term appreciation in a growing Treasure Valley. Building 40 is also listed for sale.
| MLS # | 98995226 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| HOA Dues | $300 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2005 |
| Days On Site | 28 |
| Listing Provided By | KW Commercial | Tricia Callies |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,380 |
| Units | 4 |
| Zoning | L-O |
| Acreage | 0.10 |
| Cooling | Central Air, All Units |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Appliances | Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units) |
| Laundry Features | Washer/Dryer Hookups (All Units) |
| Roof | Composition |
|---|---|
| Lot Features | Small Lot 5999 SF, Sidewalks |
| Construction Materials | Frame, Stucco |
| Utilities | Sewer Connected |
|---|---|
| Electric | 243, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter |
| Gas | Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6907 |
| Tax Legal Description | LOT 47 BLK 01 SAGECREST SUB |
| State | ID |
|---|---|
| County | Ada |
| City | Meridian |
| Zip Code | 83642 |
| Area | Ada |
| Community Name | Sagecrest |
| School District | West Ada School District |
| Elementary School | Pepperridge |
| High School | Mountain View |
| Listing VS Median (in Sagecrest) | |
Price: $950,000 low | high Med: $957,500 sqft: 3,380 low | high Med: 3,380 $ / sqft: $281 low | high Med: $283 On site: 28 low | high Med: 30 | |
| State | ID |
|---|---|
| County | Ada |
| City | Meridian |
| Zip Code | 83642 |
| Area | Ada |
| Community Name | Sagecrest |
| School District | West Ada School District |
| Elementary School | Pepperridge |
| High School | Mountain View |
| Listing VS Median (in Sagecrest) | |
Price: $950,000 low | high Med: $957,500 sqft: 3,380 low | high Med: 3,380 $ / sqft: $281 low | high Med: $283 On site: 28 low | high Med: 30 | |