This fully occupied 4-plex in Maddyn Village presents an exceptional investment opportunity in a sought-after location. The building features two 3-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, each offering modern finishes including granite countertops, a breakfast bar, and bright, spacious living areas. Every unit is equipped with a washer, dryer, freestanding oven/range, and refrigerator for added tenant convenience. Parking is abundant with one covered spot per unit plus additional uncovered spaces. Professionally managed by a local property management company, the property sits across from Settlers Park, close to The Village, and provides quick access to the interstate. With strong rental income and a prime setting, this 4-plex is a standout addition to any investment portfolio.
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2985 N Meridian Rd Building I, Meridian, ID 83646
10beds
8baths
4,607sqft
Quadruplex, Multi Family
Built in 2019
-- sqft lot
$1,131,800 Zestimate®
$--/sqft
$2,469 Estimated rent
Home value
$1,131,800
$1.05M - $1.21M
$2,469/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: December 29, 2025 at 03:12pm
Listed by:
Mike Brown 208-250-3444,
Silvercreek Realty Group
Bought with:
Rebecca Macdonald
Silvercreek Realty Group
Source: IMLS,MLS#: 98967566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Ductless/Mini Split
Cooling
- Ductless/Mini Split
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: 1.5, Unit 3 Baths: 2, Unit 4 Baths: 1.5
- Has basement: No
Interior area
- Total structure area: 4,607
- Total interior livable area: 4,607 sqft
Property
Parking
- Total spaces: 8
- Parking features: One Car, Carport, Detached
- Garage spaces: 1
- Has carport: Yes
Lot
- Size: 6,098 sqft
- Features: Standard Lot 6000-9999 SF, Irrigation, Sidewalks
Details
- Parcel number: R5430950400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stone, Wood Siding
- Foundation: Crawl Space
- Roof: Composition
Condition
- Year built: 2019
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Meridian
- Subdivision: Maddyn Village
HOA & financial
HOA
- HOA fee: $3,860 annually
Other financial information
- Total actual rent: 6715
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 | $6,221 -8.2% | $1,251,900 +0.2% |
| 2024 | $6,775 +0.6% | $1,249,600 -0.9% |
| 2023 | $6,737 +14.9% | $1,260,500 -0.7% |
Find assessor info on the county website
Neighborhood: 83646
Nearby schools
GreatSchools rating
- 8/10River Valley Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Meridian Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Meridian High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: River Valley
- 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
$1,131,800
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
$1,131,800
- Idaho
- Ada County
- Meridian
- 83646
- 2985 N Meridian Rd Building I