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    402 E Washington Ave Meridian, ID 83642

    Pending
    For Sale
    $699,900

    Triplex - Meridian, ID

    Type:Triplex
    Property size:
    2,813 SF
    Days on Market:
    32
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 402 E Washington Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    APN
    S1107244300
    Parking
    9
    Size
    2,813 SF

    Building Details

    Year built
    1969
    Number of units
    3
    Architectural style
    Other

    Boise Premier Real Estate (208) 412-1710 [email protected]

    Listing agent Jeff Dildine (888) 506-2234

    Listing date Nov 8, 2025

    MLS# 98947230 Listing URL

    Copyright © 2025 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Meridian Triplex with Recent Upgrades

    This established triplex is located in downtown Meridian. The property has undergone numerous upgrades over the last ten years, including a new roof, various new appliances, floor coverings, A/C units, paint, plumbing, new water main lines, and new fencing. Constructed of brick, the property offers ease of long-term maintenance. It features off-street parking. The property contains 2,813 square feet and is suitable for long-term rental returns.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Ada
    State
    Idaho
    Longitude
    -116.38701
    Latitude
    43.6151

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    FAQs

    What type of property is this?
    Triplex - Charming triplex in downtown Meridian with long-term rental potential.
    Where is this triplex located?
    The property is located at 402 E Washington Ave Meridian, ID.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Established Triplex in desirable downtown Meridian location.; - Substantial upgrades over the last ten years including new roof, appliances, A/C units, plumbing, and water main lines.; - All-brick construction for easy, long-term maintenance.
    (888) 506-2234
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    402 E Washington Ave Meridian, ID 83642
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    Meridian, ID 83642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 E Washington Ave Meridian, ID 83642
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