Sold

Price Unknown

3850 W Chair Lift Ln, Meridian, ID 83642

12beds

12baths

7,060sqft

Quadruplex, Multi Family

Built in 2021

-- sqft lot

$1,171,500 Zestimate^®

$--/sqft

$1,964 Estimated rent

Home value

$1,171,500

$1.11M - $1.23M

$1,964/mo

Zestimate^® history

Owner options

List your home for rent

$1,964/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,964/mo

Rent Zestimate^®

Refinance and save

$816/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$816/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Swimming poolGreen space

This fully rented, prime investment property is just a few minutes from downtown Meridian and interstate 84. Each unit in this 4-plex features a spacious 1765 square feet that includes 3 bedrooms, 2.5 bathrooms and a one-car garage. The kitchen and living area have a modern look and feel. This building is part of the newer Entrata Farms community which features a clubhouse, swimming pool and a green space just in front of the building. Rents, plus the “smart-home package” currently produce $87,000 in gross income per year with a cap rate of over 5%. The HOA dues are $816/month for the whole 4-plex which includes the master insurance policy, trash, water, and maintenance for all common areas.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 12

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
Laundry: In Unit

Features

Unit 1 Baths: 2.5, Unit 2 Baths: 2.5, Unit 3 Baths: 2.5, Unit 4 Baths: 2.5
Has basement: No

Interior area

Total structure area: 7,060
Total interior livable area: 7,060 sqft

Property

Parking

Total spaces: 1
Parking features: One Car
Garage spaces: 1

Lot

Size: 6,098 sqft
Dimensions: 70 x 84
Features: Small Lot 5999 SF

Details

Parcel number: R2405710340

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Stucco, Stone
Roof: Composition

Condition

Year built: 2021

Utilities & green energy

Water: Public
Utilities for property: Sewer Connected

Community & neighborhood

Location

Region: Meridian
Subdivision: Non Applicable

HOA & financial

HOA

HOA fee: $816 monthly

Other financial information

Total actual rent: 8770

Other

Other facts

Listing terms: Cash,Conventional
Ownership: Fee Simple

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$5,082 -4.1%	$1,003,100 -1.7%
2024	$5,298 -5.7%	$1,020,900 +3.6%
2023	$5,618 +9.1%	$985,700 -6.9%
2022	$5,147 +456.8%	$1,058,200 +45.9%
2021	$924	$725,200 +553.9%
2020	--	$110,900