Duplex with Central
For Sale
$600,000
4044 W Ski Jump Lane, Meridian, ID 83642
Residential Income, Meridian, ID
Property Size3,556 SF
Lot Size0.09 Acres
Price / SF$168.73
Days on Market563
Property Features for 4044 W Ski Jump Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 4
Parking
3
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
0 Not Applic.
Lot features
Small Lot 5999 S F
Elementary school
Chaparral
Middle school
Meridian Middle
High school
Meridian
Elementary school district
West Ada School District
Middle school district
West Ada School District
High school district
West Ada School District
Directions
North on S Ten Mile Rd, West on W Franklin Rd,North on N Scotney Ave, East on W Chair Lift Ln
Standard status
Active
APN
R2405720260
Size
3,556 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 29 BLK 03 ENTRATA FARMS SUB NO 02
Tax Annual Amount
2211
HOA Fee
$338 Monthly
Legal Description
LOT 29 BLK 03 ENTRATA FARMS SUB NO 02
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
playground
pool
dog park
green spaces
walking paths
Building Details
Year built
2021
Number of units
2
Building materials
Stucco
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Pedro Resendez · License #SP55961
(208) 513-0252
Added: Mar 26, 2025
Changed: Oct 5
Last Checked: Oct 9 at 12:06PM
MLS# 98940446
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 2021 duplex at 4044 W Ski Jump Lane contains 3,556 square feet on a 0.0852-acre lot. The property features stucco construction, a composition roof, forced-air heating, and central air conditioning. Each unit includes a disposal, stove/range, refrigerator, and washer/dryer, supporting a ready residential setup.
The property is located in Meridian’s Entrata Farms community, with access to a playground, swimming pool, dog park, open green areas, and walking paths. Banks, restaurants, entertainment, and outdoor recreation are described within walking distance, while I-84 is minutes away. The residence includes six bedrooms and six bathrooms overall.
The property is located in Meridian’s Entrata Farms community, with access to a playground, swimming pool, dog park, open green areas, and walking paths. Banks, restaurants, entertainment, and outdoor recreation are described within walking distance, while I-84 is minutes away. The residence includes six bedrooms and six bathrooms overall.
Key Highlights
- 2021 construction with 3,556 square feet
- 0.0852‑acre lot in Entrata Farms
- Six bedrooms and six bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,631
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,620
$772.6K
Cap Rate 7%
$551,871
$551.9K
Cap Rate 9%
$429,233
$429.2K
Market Conditions
NOI Build-Up for 3,556 SF
Gross rent
$57.6K $16.20/SF
− Vacancy
−$2.4K −$0.68/SF
EGI
$55.2K $15.52/SF
− OpEx
−$16.6K −$4.66/SF
NOI
$38.6K $10.86/SF
Area
Meridian, ID
Vacancy
4.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,620
Cap Rate 7%
$551,871
Cap Rate 9%
$429,233
Alternative Uses
Best Use
Multifamily LT 5
$551.9K
$482.9K – $643.9K
NOI $38,631 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$509.6K
$445.9K – $594.6K
NOI $35,673 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$938.4K
$821.1K – $1.09M
NOI $65,689 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 83642, ID
55,465
Population
22,700
Households
2.4
Avg Household Size
35
Median Age
44%
College-Educated
95%
High-School Grad
41.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$96,361
Median Household Income
$45,824
Median Earnings
$1,629
Median Rent
$492,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Recently built duplex in Entrata Farms with six bedrooms, six bathrooms, and community amenities including a pool and dog park.
Where is this duplex located?
The property is located at 4044 W Ski Jump Lane Meridian, ID.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2021 construction with 3,556 square feet; 0.0852‑acre lot in Entrata Farms; Six bedrooms and six bathrooms
