3710 N Centrepoint Way Bldg Q, Meridian, ID 83646
Built in 2019 fourplex with four leased 3-bedroom units, each with attached garage and community clubhouse and pool.
- Added:
- Jun 25, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 1 at 5:25 am
Property Features for 3710 N Centrepoint Way Bldg Q
General Information
- Standard status
- Active
- Size
- 6,610 SF
- Property subtype
- Income
Building Details
- Year Built
- 2019
Listing office Silvercreek Realty Group (208) 697-1614
Listing date Jun 25, 2026
Source Homesofidaho
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All listing content including descriptions, pricing, images are the copyrighted material of Silvercreek Realty Group
HighLights
- Built in 2019, 6,610 SF fourplex on a 5,999 SF small lot with slab foundation
- All four units fully leased; each unit has 3 bedrooms and 2.5 bathrooms (12 total beds, 12 total baths)
- Attached garage parking for each unit (total 8 spaces; 1 covered space; parking includes one‑car garages)
- Washer/dryer hookups in all units; vinyl flooring; central air conditioning available
- Community amenities include a clubhouse, pool, fitness center, and park
- City service water and partial fencing; lot dimensions 51 x 60
Overview
Located in central Meridian, just west of Eagle Road, the home sits in a sought-after area and represents a rare availability in the subdivision, where it is the only fourplex currently available. Residents also have access to community amenities, including a clubhouse, pool, fitness center, and park.
For buyers seeking a stable, income-producing residential property, the fully leased unit mix and attached-garage convenience support day-to-day tenant appeal. With four separate leased units under one ownership, this configuration can fit investors looking for a straightforward multifamily asset with turnkey occupancy and an amenity-rich community setting.
Local Financial Insights For Multifamily LT 5
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 | $107.1k | $16.20 |
| − Vacancy | −$4.5k | −$0.68 |
| EGI | $102.6k | $15.52 |
| − OpEx | −$30.8k | −$4.66 |
| NOI | $71.8k | $10.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.35855
- Latitude
- 43.63225
