$900,000
SOLD SEP 10, 2025
Last list price
8 Beds
4 Baths
3,492 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$258 Per Sq Ft

49 Days on Market

About This Home

As of September 2025

Prime Investment Opportunity in the Heart of Meridian! This well-maintained 4-plex is ideally located just minutes from The Village, freeway access, shopping, and dining. Each unit features 2 bedrooms, and comes equipped with a refrigerator, range/oven, and built-in microwave. Tenants enjoy covered parking, 9-foot ceilings in the lower units, and vaulted ceilings upstairs for an open, airy feel. The HOA allows for self-management or the property manager of your choice—giving owners added flexibility. Consistently strong rental demand makes this a smart addition to any investment portfolio.

Last Agent to Sell the Property

Shantel Teeter

Homes of Idaho Brokerage Phone: 208-442-8500 Listed on: 06/11/2025

Homes of Idaho

Co-Listed By

Matt Halcomb

Homes of Idaho Brokerage Phone: 208-442-8500

Last Buyer's Agent

David Ballew

Keller Williams Realty Boise

Keller Williams Realty Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,203

Year Built

  • Built in 2003

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • 3,492 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Stucco

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • River Valley Elementary School
  • Lewis And Clark Middle School
  • Centennial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $5,080
  • Assessor Parcel Number R6877350080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,203

Year Built

Built in 2003

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Year Built: 2003
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Co List Office Phone: 208-442-8500
  • Ownership: Fee Simple
  • Subdivision Name: Paddington
  • Carport Y N: Yes
  • Garage Yn: No
  • Attribution Contact: 208-442-8500
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Total Bedrooms: 8
  • Living Area: 3492

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air, All Units
  • Electric: 245, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association Fee: 2100
  • Association Fee Frequency: Annually

Schools

  • Elementary School: River Valley
  • Junior High Dist: West Ada School District
  • High School: Centennial
  • Middle Or Junior School: Lewis and Clark

Lot Info

  • Lot Features: Small Lot 5999 SF, Sidewalks, Sbjt to Fair Housing Stnd
  • Parcel Number: R6877350080
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: R-40

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4203.02

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5080
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Jul 31, 2025
Sold by
Riccardi Maria and Riccardi Mario
Bought by
Bmd Llc
Seller's Agent
Shantel Teeter
Homes of Idaho
Buyer's Agent
David Ballew
Keller Williams Realty Boise
List Price
$975,000
Views
42
Current Estimated Value
$864,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$436,159
Outstanding Balance
$435,781
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$428,859

Purchase Details

Closed on
Jul 9, 2021
Sold by
Purdom Kenneth R
Bought by
Riccardi Maria and Riccardi Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 25, 2020
Sold by
Wingfield Erin Margaret and Wingfield Nicholas M
Bought by
Purdom Kenneth R and The Kenneth R Purdom Ii Trust
Seller's Agent
Jace Stolfo
Stolfo Real Estate
Buyer's Agent
Chris Budka
Canopy Real Estate LLC
List Price
$699,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Nazeri Alireza
Bought by
Wingfield Erin Margaret and Wingfield Nichola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,466
Interest Rate
3.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Insurance
Warranty Deed -- Title One Boise
Warranty Deed -- Titleone Boise
Warranty Deed -- Titleone Boise
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,159 New Conventional
Previous Owner $370,000 New Conventional
Previous Owner $283,466 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2025 09/10/25 Sold -- -- --
07/30/2025 07/30/25 Pending -- -- --
07/08/2025 07/08/25 Price Changed $900,000 -7.7% $258 / Sq Ft
06/11/2025 06/11/25 For Sale $975,000 +39.3% $279 / Sq Ft
08/27/2020 08/27/20 Sold -- -- -- View Prior Sale
08/07/2020 08/07/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $699,800 -- $200 / Sq Ft
Source: Intermountain MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,203 $845,400 -- --
2024 $4,722 $844,300 -- --
2023 $4,722 $878,500 $0 $0
2022 $4,679 $881,300 $0 $0
2021 $5,027 $708,300 $0 $0
2020 $4,674 $560,800 $0 $0
2019 $5,653 $522,700 $0 $0
2018 $4,911 $420,700 $0 $0
2017 $4,777 $387,200 $0 $0
2016 $4,575 $356,600 $0 $0
2015 $3,971 $338,300 $0 $0
2012 -- $225,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98950499

Intermountain MLS

APN: R6877350080