USAIDMeridianNon Applicable3850 W Chair Lift Ln
View of front of property with a front lawn and a residential view | Image 1
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3850 W Chair Lift Ln, Meridian, ID

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,200,000

12121

MLS® 98964111

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 7060 sqft
Garage Yes
Taxes $5,082
Days Active 86
Lot Size 0.14 acres
Approx. Age 2021
Avg. Price Per Sqft $169
MLS® Number 98964111

Property Address: 3850 W Chair Lift Ln, Meridian, ID, 83642-5727

Average square foot calculated using Size range provided by listing agent.

Description

This fully rented, prime investment property is just a few minutes from downtown Meridian and interstate 84. Each unit in this 4-plex features a spacious 1765 square feet that includes 3 bedrooms, 2.5 bathrooms and a one-car garage. The kitchen and living area have a modern look and feel. This building is part of the newer Entrata Farms community which features a clubhouse, swimming pool and a green space just in front of the building. Rents, plus the “smart-home package” currently produce $87, 000 in gross income per year with a cap rate of over 5%. The HOA dues are $816/month for the whole 4-plex which includes the master insurance policy, trash, water, and maintenance for all common areas.
MLS® Number98964111
Laundry LevelWasher/Dryer Hookups (All Units)
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageYes
Approx. Age2021
Basement
DrivewayOne Car
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2025List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
3850 W Chair Lift Ln, Meridian, ID

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