Building 40 - 1805 E. Overland Rd. — Sale in Meridian, ID

  • Price: $965K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Meridian, ID 83642
  • Size: 3,380 SF
  • Year built: 2005

Investment Figures

Price per square foot
$286

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

A turnkey investment opportunity in one of Southeast Meridian's most in-demand rental corridors. This well-maintained fourplex sits within the established Sagecrest community, offering steady rental demand thanks to its prime location just minutes from I-84, Eagle Road, and the shopping, dining, and entertainment hubs of South Meridian. Each unit is designed for tenant appeal and low turnover, featuring functional split floor plans, full-size side-by-side washer/dryer, dishwasher, microwave, refrigerator, central air conditioning, and a private patio or balcony with extra storage. Sagecrest community's shared amenities include a fully furnished clubhouse available for resident events, a seasonal pool, 24-hour fitness center, and playground. Meridian's continued population growth and easy freeway access drive expanded demand. This fourplex presents a compelling opportunity for investors seeking reliable cash flow and long-term appreciation in a growing Treasure Valley. BATVAI. Building SF: 3380 | Land Size: 0.1 Ac | Year Built: 2005 | Listing Type: FOR SALE

Market Context

This multifamily in Meridian, ID is listed for sale at $965,000 across 3,380 SF. The building dates to 2005. It has been on the market for 3 days. Compare it against other multifamily listings for sale in Meridian, ID — view the full market.

As of Q2 2026, the Boise multifamily market showed a 4.7% vacancy rate, and rents up 6.0% year over year. Source: Cushman & Wakefield Q2 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

Is the Boise multifamily market tightening or softening?
Vacancy is around 4.7%, with asking rents rising year over year (Q2 2026).

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