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700 W Idaho Ave.

Meridian, ID 83642
  • $899,990
  • STATUS: Pending
  • ON SITE: 35 Days
  • MLS #: 98969618
Pending
UPDATED: 28 min ago
$899,990
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,360
    SQFT
  • $268
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:
Ada

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Aspire Realty Group at 208-615-2433.

Description

3.5% WRAP Opportunity. 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!

Directions: Pine to 7th to Idaho

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Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Moscow Realty 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 2026-01-17T17:10:23.217.
www.moscowrealty.com/homes/171331658
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700 W Idaho Ave. Meridian, ID 83642

  • Price: $899,990
  • Status: Pending
  • On Site: 35 Days
  • Updated: 28 min ago
  • MLS #: 98969618
8
Beds
4
Baths
0
½ Baths
N/A
Acres
3,360
SQFT
$268
$/SQFT
1978
Built
Neighborhood:
0 Not Applic.
County:
Ada
Area:
Meridian Nw - 1030
Elementary School:
Meridian
Middle School:
Meridian Middle
High School:
Meridian
School District:
West Ada School District
Property Description
3.5% WRAP Opportunity. 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!

Directions: Pine to 7th to Idaho
Exterior Features

Construction Materials Frame Lot Features Standard Lot 6000-9999 SFSidewalks Open Parking YN Yes Parking Features Finished Driveway Parking Total 8 Roof CompositionRolled/Hot Mop

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Handicap Parking Appliances Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (All Units) Below Grade Finished Area Units Square Feet Building Area Total 3360 Cooling Central AirAll Units Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes Laundry Features Washer/Dryer Hookups (All Units)

Property Features

Association Fee 0 Current Use 2-4 Units Electric Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate Meter Gas Unit 1 Separate MeterUnit 2 Separate MeterUnit 3 Separate MeterUnit 4 Separate Meter Gross Income 5150 Listing Terms CashConsider AllConventionalFHAVA Loan Ownership Fee Simple Property Sub Type Quadruplex Tax Annual Amount 3591.14 Tax Legal Description PAR #8085 OF NW4SE4 SEC 12 3N 1W Tax Year 2025 Total Actual Rent 5150 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Aspire Realty Group: 208-615-2433.


Intermountain MLS logo© 2026 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Moscow Realty 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 2026-01-17T17:10:23.217.
 
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Moscow Realty
201 East 3rd Street
Moscow ID, 83843
Intermountain MLS logoCourtesy of Aspire Realty Group at 208-615-2433.