2985 N Meridian Rd, Meridian, ID 83646
2985 N Meridian Rd, Meridian, ID 83646
2985 N Meridian Rd, Meridian, ID 83646
2985 N Meridian Rd, Meridian, ID 83646
2985 N Meridian Rd, Meridian, ID 83646
2985 N Meridian Rd, Meridian, ID 83646
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Listed by Drey Campbell • Lee & Associates Idaho LLC
$﹡﹡﹡﹡﹡(Non-Disclosure)
Est.Price: ?

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Est. payment /mo

10,112 SqFt


SOLD DATE : 05/18/2026

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 10,112 sqft

Price per Sqft $217

Subdivision Maddyn Village

MLS Listing ID 98979533

Sold Date 05/18/26

HOA Fees $1,083/mo

HOA Y/N No

Year Built 2018

Annual Tax Amount $10,807

Tax Year 2025

Property Sub-Type Apartment

Source IMLS 2

Property Description

STABILITY AND LONG TERM VALUE - Rare opportunity to acquire a stabilized, turnkey 8-unit multifamily complex in one of the Pacific Northwest's fastest growing corridors. - 100% Occupied, providing immediate and consistent cash flow with a proven track record of zero vacancy and strong tenant retention. - Built in 2018 and features high-quality architectural standards with Class "A" appeal, reducing near-term capital expenditure requirements. STRATEGIC LOCATION & DEMOGRAPHICS - Located in the high-growth Meridian corridor in the heart of the Treasure Valley, one of the fastest-growing metro areas in the United States. - The property is located just minutes from The Village at Meridian, premier retail centers, top-rated schools, and major employment centers. - Strategically positioned to capture the influx of professionals seeking luxury suburban living with urban convenience. SUPERIOR ASSET COMPOSITION - Large-scale modern layouts with floor plans ranging from 1,186 SF to 1,387 SF, outperforming standard mar

Location

State ID

County Ada

Area Meridian Nw - 1030

Zoning R-15

Direction Follow I-84 E to Meridian. Take exit 44 from I-84 E. Head southeast on I-84 E. Take exit 44 for ID-69 S toward Meridian/Kuna. Use the left 2 lanes to turn slightly left onto the ramp to S Meridian Rd. Take S Main St and N Meridian Rd to your destination. Use any lane to turn left onto S Meridian Rd. Continue onto S Main St. Use any lane to turn slightly left onto N Main St/N Meridian Rd/To Meridian Rd. Turn left. Turn right.

Interior

Fireplace No

Exterior

Community Features 5+ Units

Total Parking Spaces 8

Building

Lot Description 10000SF - .49

Faces Follow I-84 E to Meridian. Take exit 44 from I-84 E. Head southeast on I-84 E. Take exit 44 for ID-69 S toward Meridian/Kuna. Use the left 2 lanes to turn slightly left onto the ramp to S Meridian Rd. Take S Main St and N Meridian Rd to your destination. Use any lane to turn left onto S Meridian Rd. Continue onto S Main St. Use any lane to turn slightly left onto N Main St/N Meridian Rd/To Meridian Rd. Turn left. Turn right.

New Construction No

Schools

Elementary Schools River Valley

High Schools Meridian

School District West Ada School District

Others

Senior Community No

Tax ID R5430950360

Ownership Fee Simple

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