Townhome Income
4044 W Ski Jump Lane Meridian, ID 83642
4044 W Ski Jump Lane, Meridian, ID, 83642
$680,000
For Sale
$680,000
MULTI_FAMILY - Meridian, ID
Property Size3,556 SF
Price / SF$191.23
Days on Market478
Property Features for 4044 W Ski Jump Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3
- Parking
- 3
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- R2405720260
- Size
- 3,556 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 29 BLK 03 ENTRATA FARMS SUB NO 02
- Tax Annual Amount
- 2211
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2021
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Composition
Listing Agency
Silvercreek Realty Group
(208) 377-0422
1099 S. Wells, Meridian, ID
Listed by
Pedro Resendez · License #SP55961
(208) 513-0252
Added: Mar 26, 2025 Checked: Jul 16 at 11:06 pm
MLS# 98940446
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 residential income property consists of townhomes in the Entrata Farms community. The offering is positioned as a fit for both investors and owner-occupants with existing tenants. The community is described as having well-maintained common areas and multiple onsite amenities designed for everyday use.
The property is located in Meridian, ID, just minutes from I-84. Residents have access to a range of nearby conveniences, with banks, entertainment, outdoor activities, and restaurants described as being within walking distance. Onsite, the community features a large playground, pool, dog park, expansive green spaces, and well-maintained walking paths.
From a tenant and operator standpoint, these townhomes are presented as a convenient, amenity-rich housing option within a maintained community setting. The listing is also framed as suitable for buyers looking to either expand an investment portfolio or secure a home while benefiting from rental potential tied to the existing tenant situation. Closing is noted to be coordinated through Empire Title.
The property is located in Meridian, ID, just minutes from I-84. Residents have access to a range of nearby conveniences, with banks, entertainment, outdoor activities, and restaurants described as being within walking distance. Onsite, the community features a large playground, pool, dog park, expansive green spaces, and well-maintained walking paths.
From a tenant and operator standpoint, these townhomes are presented as a convenient, amenity-rich housing option within a maintained community setting. The listing is also framed as suitable for buyers looking to either expand an investment portfolio or secure a home while benefiting from rental potential tied to the existing tenant situation. Closing is noted to be coordinated through Empire Title.
Key Highlights
- Built in 2021 townhomes in the Entrata Farms community in Meridian
- Central A/C and forced‑air heating
- Stucco exterior with a composition shingle roof
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 | $57.6k | $16.20 |
| − Vacancy | −$2.4k | −$0.68 |
| EGI | $55.2k | $15.52 |
| − OpEx | −$16.6k | −$4.66 |
| NOI | $38.6k | $10.86 |
3,556 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$551.9K
$482.9K – $643.9K
NOI $38,631 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$509.6K
$445.9K – $594.6K
NOI $35,673 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$938.4K
$821.1K – $1.09M
NOI $65,689 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Townhomes in the Entrata Farms community, offering onsite amenities and rental potential for owner-occupants or investors.
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 $680,000.
What are key features of this property?
This property features: Built in 2021 townhomes in the Entrata Farms community in Meridian; Central A/C and forced‑air heating; Stucco exterior with a composition shingle roof
