Single-Level Income Home with
1193 W Crosswind Dr Meridian, ID 83646
1193 W Crosswind Dr, Meridian, ID, 83646
$425,000
For Sale
$425,000
MULTI_FAMILY - Meridian, ID
Property Size1,520 SF
Lot Size0.13 Acres
Price / SF$279.61
Days on Market48
Property Features for 1193 W Crosswind Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1
- Parking
- 2
- Parking features
- Driveway
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- R9532190490
- Size
- 1,520 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 16 BLK 06 WOODBURN WEST SUB NO 02
- Tax Annual Amount
- 1829
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2018
- Number of units
- 1
- Building materials
- Frame, Stone, HardiPlank Type
- Roof type
- Composition
Listing Agency
Silvercreek Realty Group
(208) 377-0422
1099 S. Wells, Meridian, ID
Listed by
Stanley Tonkin · License #AB30809
(208) 860-4771
Added: Jun 1 Checked: Jul 18 at 7:06 am
MLS# 98988525
Listing URL
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 single-level income property is a 3-bedroom, 2-bath home with a 2-car garage and a split bedroom layout. The primary bathroom features dual vanities. The open great room plan combines the kitchen and living areas, and the home includes Craftsman-style trim and all appliances, including the refrigerator. Interior photos were provided by property management and were taken in 2018 when the house was vacant. The property also offers spacious side yards, and due to tenant occupancy, there is no For Sale sign on site.
The home backs and borders two common areas and sits across from the community’s park, which includes a playground and picnic area. The park setting also provides room to run. The property is within one mile of Meridian’s Settlers’ Park. Showings are limited to driving by and walking around the outside sidewalk and common area, with interior access only after an offer is accepted.
For buyers or investors, the current lease is in place through June 30, 2027, which may support a straightforward transition for an owner seeking an income-producing property. The straightforward bedroom and living configuration, attached garage, and included appliances can appeal to tenants looking for a functional single-level rental plan.
The home backs and borders two common areas and sits across from the community’s park, which includes a playground and picnic area. The park setting also provides room to run. The property is within one mile of Meridian’s Settlers’ Park. Showings are limited to driving by and walking around the outside sidewalk and common area, with interior access only after an offer is accepted.
For buyers or investors, the current lease is in place through June 30, 2027, which may support a straightforward transition for an owner seeking an income-producing property. The straightforward bedroom and living configuration, attached garage, and included appliances can appeal to tenants looking for a functional single-level rental plan.
Key Highlights
- Single‑level 3‑bedroom, 2‑bath income property with a lease in place through June 30, 2027
- Open great room layout combining kitchen and living areas
- Primary bathroom with dual vanities
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $18.96 |
| − Vacancy | −$1.1k | −$0.72 |
| EGI | $27.7k | $18.24 |
| − OpEx | −$12.5k | −$8.21 |
| NOI | $15.2k | $10.03 |
1,520 SF · lease $18.96/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$217.8K
$190.6K – $254.1K
NOI $15,248 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$401.1K
$351.0K – $468.0K
NOI $28,079 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Single-level rental home with a split-bedroom layout, 2-car garage, and an in-place lease through June 30, 2027.
Where is this single family property located?
The property is located at 1193 W Crosswind Dr Meridian, ID.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Single‑level 3‑bedroom, 2‑bath income property with a lease in place through June 30, 2027; Open great room layout combining kitchen and living areas; Primary bathroom with dual vanities
