Meridian Multifamily Investment
324 NE 3rd St., Meridian, ID 83642
New
- Added:
- May 29, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 2 at 3:06 pm
Property Features for 324 NE 3rd St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking
- 40
- Parking features
- Carport
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- R8393710040
- Size
- 28,238 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 1 in Block 1, Lots 1 through 6 of Block 2, and Lot 1 in Block 3 of Third Street Square Subdivision, according to the official plat thereof, filed in Book 117 of Plats at Page(s) 17687 through 17689, records of Ada County, Idaho.
- Tax Annual Amount
- 29169
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2018
- Number of units
- 28
- Flooring type
- Laminate
- Building materials
- HardiPlank Type
- Roof type
- Composition
Listing agent Robert Santangelo License #01007143 (760) 505-2222
Listing office Real Broker LLC 3597 E Monarch Sky Ln Suite 240, Meridian, ID (208) 841-3088
Listing date May 29, 2026
MLS# 98988433
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.
HighLights
- Near 100% occupancy since 2018 with upside income potential.
- Investment‑grade 28‑unit multifamily property built in 2018.
- Desirable two‑bedroom, two‑bath units with in‑unit laundry.
- Common‑area clubhouse enhances tenant amenities.
- Abundant on‑site parking, including 30 covered carport stalls.
- Third Street Square plat provides flexibility for investors.
Overview
The property at 324 NE 3rd Street in Meridian, ID, is a 28-unit multifamily property constructed in 2018. It features a unit mix of two-bedroom, two-bath units. Each unit includes a primary bedroom with a private bath, in-unit laundry, separate kitchen and dining areas, and a spacious living room. The development is known as the Third Street Square plat, consisting of eight parcel numbers assigned to each building and a common-area clubhouse. The property includes a common-area clubhouse with opportunities to enhance tenant amenities. There is abundant on-site parking, including 30 covered carport stalls and additional surface parking. The property has maintained near 100% occupancy since 2018 and has upside income potential relative to market rents. The property size is 28,238 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
324 NE 3rd ...
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.3874431
- Latitude
- 43.606576
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 28-unit multifamily property with strong rental history in Meridian, Idaho.
Where is this apartment building located?
The property is located at 324 NE 3rd St. Meridian, ID.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Near 100% occupancy since 2018 with upside income potential.; Investment‑grade 28‑unit multifamily property built in 2018.; Desirable two‑bedroom, two‑bath units with in‑unit laundry.
