This fully rented 4-plex is a prime investment opportunity in a highly sought-after location. The property features four 2-bedroom, 2-bathroom units, all professionally managed by a local property management company. Each unit boasts modern interiors along with spacious rooms filled with natural light. Tenants enjoy the convenience of in-unit washers, dryers, freestanding oven/ranges, and refrigerators. Situated minutes from downtown Meridian and with easy access to the interstate, this 4-plex offers both long-term value and immediate rental income.
Sold
Price Unknown
1297 W Pine Ave Building G, Meridian, ID 83642
8beds
8baths
3,812sqft
Quadruplex, Multi Family
Built in 2018
-- sqft lot
$945,000 Zestimate®
$--/sqft
$1,836 Estimated rent
Home value
$945,000
$879,000 - $1.02M
$1,836/mo
Zestimate® history
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Modern interiorsFilled with natural lightIn-unit washersSpacious rooms
Zillow last checked:
Listing updated:
Listed by:
Mike Brown 208-250-3444,
Silvercreek Realty Group
Bought with:
Non Member
NON MEMBER OFFICE
Source: IMLS,MLS#: 98940212
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
- Laundry: In Unit
Features
- Unit 1 Baths: 2, Unit 2 Baths: 2, Unit 3 Baths: 2, Unit 4 Baths: 2
- Has basement: No
Interior area
- Total structure area: 3,812
- Total interior livable area: 3,812 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 10,454 Square Feet
- Dimensions: 111 x 96
- Features: Standard Lot 6000-9999 SF, Irrigation, Sidewalks
Details
- Parcel number: R9350800180
- Zoning: City of Meridian R-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 2018
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Tramore
HOA
- HOA fee: $260 monthly
Location
- Region: Meridian
Financial & listing details
- Tax assessed value: $906,700
- Annual tax amount: $4,513
- Date on market: 3/24/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 5745
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,514 -8.2% | $906,700 |
| 2024 | $4,917 -2% | $906,700 -0.9% |
| 2023 | $5,018 -2.9% | $914,800 -3.2% |
| 2022 | $5,169 +11.6% | $945,300 +29.8% |
| 2021 | $4,632 -12% | $728,200 +31% |
| 2020 | $5,263 | $555,700 +14.2% |
| 2019 | -- | $486,600 +508.2% |
| 2018 | -- | $80,000 |
Find assessor info on the county website
Neighborhood: 83642
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Nearby schools
GreatSchools rating
- 5/10Meridian Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Meridian Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Meridian High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Meridian
- Middle: Meridian Middle
- High: Meridian
- District: West Ada School District
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$945,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$945,000
- Idaho
- Ada County
- Meridian
- 83642
- 1297 W Pine Ave Building G
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