Nestled in the heart of Meridian, this fully occupied fourplex presents an exceptional investment opportunity for buyers seeking a turnkey property with reliable income. Each of the four spacious units features two bedrooms and two bathrooms, complemented by modern upgrades and recent renovations that enhance both comfort and value. Tenants enjoy the convenience of in-unit appliances, including a washer, dryer, and refrigerator, while the property’s prime location ensures easy access to shopping centers, dining options, and major freeways for seamless commuting. Currently leased by long-term tenants, this low-maintenance investment delivers immediate cash flow and stability, backed by its strategic position in a thriving community. Whether you’re expanding your portfolio or entering the rental market, this meticulously maintained fourplex offers the perfect blend of location, modern amenities, and proven tenant retention. Several units are ready for rent increases to meet current market prices.
Active
Price increase: $50.1K (5/2)
$1,000,000
571-579 W Idaho Ave, Meridian, ID 83642
8beds
8baths
3,830sqft
Est.:
Quadruplex
Built in 2000
-- sqft lot
$967,100 Zestimate®
$261/sqft
$-- HOA
What's special
Modern upgradesModern amenitiesSpacious unitsRecent renovationsIn-unit appliances
- 3 days
- on Zillow |
- 190 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 04, 2025 at 11:05pm
Listed by:
Chris Proctor 208-720-3013,
Homes of Idaho
Source: IMLS,MLS#: 98945433

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
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: 2, Unit 3 Baths: 2, Unit 4 Baths: 2
- Has basement: No
Interior area
- Total structure area: 3,830
- Total interior livable area: 3,830 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 0.25 Acres
- Features: 10000SF - .49, Sidewalks
Details
- Parcel number: R7788580055
- Zoning: City of Meridian-R-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Roof: Composition
Condition
- Year built: 2000
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: $261/sqft
- Annual tax amount: $4,179
- Date on market: 5/2/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
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