1 year on rocket

812 NW 4th St, Meridian, ID, 83642

$778,500

Home List Price

$9,245*

Closing Credit

7 Bedrooms
4 Baths
3,252 SqFt
$239/SqFt
Multi

Location

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812 NW 4th St, Meridian$778,500

Buyer Closing Credits

$9,245*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAttached, Other, Two Car, Finished Driveway
Garage2 spaces
Year Built1971
HeatingCeiling, Electric
CoolingWall/Window Unit(s)
MLS #98896601
StatusActive

About 812 NW 4th St

Great investment property in Meridian. Unit 812 was just completely remodeled and updated, is like new. Unit 812 is leased for $1395.00/month, rented in one day. Unit 810 is leased for $1195.00/mo and Unit 332 is leased for $1895.00/mo. Units 810 and 332 both have just had bathrooms completely updated. New updates include: Roof with warranty, Wall AC units for each unit. Newly painted exterior, new exterior doors, New exterior lighting, windows throughout, New water lines, newer sidewalks and landscaping. New appliances in all except for oven/range and dishwasher in unit 810. There is gas to the property but is not hooked up to any of the units. Great investment opportunity! One tenant has occupied for approx. 10 years and the other for approx. 7 years. Easy freeway access, seller has never had an issue renting out the units. This Charming triplex is single level. NOI is $48,959.00 making a 6% Cap Rate.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 3,252 SqFt

Listing Office:

  • Office Name: Coldwell Banker Tomlinson
  • Office Phone: (208) 672-0447
  • Listing Agent: Amanda Alvaro

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Other, Two Car, Finished Driveway

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Ceiling, Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From Freeway, Go north on Meridian Rd. Exit, go west on Pine, south on 4th st. property on corner of Idaho and 4th

Price Information

Listing Price Info

Price Summary:

  • List Price: $778,500
  • Price Per SqFt: $239/SqFt
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Housing Market Comparison

See how this home compares to others in Meridian, ID.

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Meridian, ID

City

Med. List Price

$557.2K

Med. Price/SqFt

$274

Avg. Days On Market

74

812 NW 4th St vs Meridian

370 DAYS ON ROCKET

+296 Days

$778,500

+$221.2K More

$239/SqFt

-$35 Less

KEY TAKEAWAY

This property is $221.2K more than the Median List Price and $35/SqFt less than other homes in Meridian, ID.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: IMLS 2
  • MLS Number: #98896601

Listing Office:

  • Office Name: Coldwell Banker Tomlinson
  • Office Phone: (208) 672-0447
  • Listing Agent: Amanda Alvaro

IDXListings with this icon are © 2024 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, 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. Information provided by IMLS is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,400

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-20790
5
/10

  • Meridian Elementary School

  • 1035 W 1st St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-20791
9
/10

  • Barbara Morgan STEM Academy

  • 1825 W Chateau Dr

  • 1.27 miles

  • Public Magnet Grades KG-5

school-card-donut-20792
5
/10

  • Peregrine Elementary School

  • 1860 W Waltman St

  • 1.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,764. Typical income of Meridian, ID residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Meridian, ID

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Meridian, ID?

Meridian's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a noticeable presence of modern and craftsman designs. Single-family homes are the most common, reflecting the area's family-friendly atmosphere. The homeownership rate in Meridian is robust, with a significant majority of residents owning their homes, while a smaller percentage are renters.

What are the advantages of living in Meridian, ID?

Meridian is celebrated for its welcoming community spirit and family-oriented lifestyle. The city prides itself on a blend of urban and suburban qualities, with a variety of parks and recreational areas contributing to its appealing character. Annual events and local festivals highlight the city's cultural identity and bring residents together in celebration of their community.

Are essential services in Meridian, ID convenient?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare facilities are available to meet the needs of residents, including urgent care centers and primary care clinics. The public library system in Meridian is active, providing resources and programs for lifelong learning. Retail and dining options are plentiful, with establishments ranging from local favorites to national chains, reflecting the tastes and culture of the area.

How do Meridian, ID residents get around?

Transportation in Meridian includes a mix of private and public transit options, with a focus on convenience for its residents. The area is designed to be navigable by car, with a network of roads and highways that connect to nearby cities and amenities. Public transportation is available, with schedules designed to accommodate the commuting patterns of residents. The city is also making strides to improve walkability and bikeability in certain areas, enhancing the overall accessibility of the community.

Rocket Homes›Idaho›Ada County›Meridian›83642›812 NW 4th St

This home is located at 812 NW 4th St in Meridian, ID and zip code 83642. This 3,252 square foot home was built in 1971. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $778,500.

The number of homes for sale in Meridian, ID increased by 24.9% between October 2024 and November 2024. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $557,298.

From Rocket Homes Real Estate and based on county public records data.

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