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    • $864,990

    700 W Idaho Ave, Meridian, ID 83642

    8beds
    4baths
    3,360sqft
    : 
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    Quadruplex, Multi Family
    Built in 1978
    -- sqft lot
    $844,100 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Updated finishesNewer roof
    Prime investment opportunity in the heart of Downtown Meridian! This well-maintained 4-plex offers a rare blend of location, stability, and upgrades—with no HOA. Units have been tastefully renovated over past few years, featuring updated finishes that tenants love. Major systems are in great condition, including a newer roof, new water heaters in 2024, and new AC units in most units, reducing maintenance costs and boosting long-term value. This property has a remarkable rental history with excellent long-term tenants and zero vacancy for the past 7 years, offering peace of mind and consistent cash flow. Located steps from Meridian’s dining, shopping, parks, and future growth, it’s ideal for investors seeking a turnkey asset in one of the Treasure Valley’s most desirable communities. Whether you’re adding to your portfolio or seeking a dependable income-producing property, this 4-plex checks every box. Don’t miss this chance to own a strong performer in an unbeatable location!
    27 days
    |
    464
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Easton Napiontek Cell:208-789-1390,

    Aspire Realty Group

    Source: IMLS,MLS#: 98991030MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, All Units
      Appliances
      • Included: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
      • Laundry: In Unit
      Features
      • Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1, Unit 4 Baths: 1
      • Has basement: No
      Interior area
      • Total structure area: 3,360
      • Total interior livable area: 3,360 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Handicap Parking
      Lot
      • Features: Standard Lot 6000-9999 SF, Sidewalks
      Details
      • Parcel number: S1212428085

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Frame
      • Roof: Composition,Rolled/Hot Mop
      Condition
      • Year built: 1978

      Utilities & green energy

      • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Location
      • Region: Meridian

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $722,800
      • Annual tax amount: $3,591
      • Date on market: 6/19/2026
      • Listing terms: Cash,Consider All,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 5450

        Estimated market value

        $844,100

        $802,000 - $886,000

        $2,106/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$3,591 -12%$722,800 +0.2%
        2024$4,082 -2.2%$721,400 -5%
        2023$4,173 -1.1%$759,400 -3.4%
        2022$4,220 +7.4%$786,000 +32.2%
        2021$3,928 +2.7%$594,600 +26.2%
        2020$3,826 +16.9%$471,300 +16.6%
        2019$3,272 -2%$404,300 +26.2%
        2018$3,337 -5.6%$320,300 +18.4%
        2017$3,536 $270,500 -1.9%
        2016$3,536 $275,600 +10.8%
        2015$3,536 +37.7%$248,800 +51.3%
        2012$2,568 +13.4%$164,400 -0.6%
        2011$2,264 -4%$165,400 -9%
        2010$2,358 +3.3%$181,800 +4.1%
        2009$2,282 +58.4%$174,600 -39.9%
        2007$1,441 +5.3%$290,700 +45.9%
        2006$1,367 $199,300 +12.2%
        2003-- $177,600 +1.7%
        2002$1,146 -3.6%$174,600 +9.5%
        2001$1,188 $159,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 83642

        Getting around

        54 / 100
        Somewhat Walkable
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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