Duplex with Community
For Sale
$595,000
4044 W Ski Jump Lane, Meridian, ID 83642
Residential Income, Meridian, ID
Property Size3,556 SF
Lot Size0.09 Acres
Price / SF$167.32
Days on Market587
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 2, Bathroom 5, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 6, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 1
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
Additional Details
Tenant in Place
Yes
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
expansive 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 30
Last Checked: Nov 2 at 1:06PM
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.
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Investment Insights
Based on property information with market context.
This 2021 duplex in Meridian measures 3,556 square feet on a 0.0852-acre lot. Stucco exterior, a composition roof, forced-air heating, and central air are among its building features. The recorded room list includes six bedrooms and six bathrooms. Each unit has a disposal, stove/range, refrigerator, and washer/dryer.
The property is in Entrata Farms, with I-84 described as a short drive away. Community amenities include a pool, playground, dog park, green space, and walking paths. Banks, restaurants, and entertainment options are also noted within walking distance.
The property is in Entrata Farms, with I-84 described as a short drive away. Community amenities include a pool, playground, dog park, green space, and walking paths. Banks, restaurants, and entertainment options are also noted within walking distance.
Key Highlights
- 3,556‑square‑foot duplex on a 0.0852‑acre lot
- Built in 2021; room list includes 6 bedrooms and 6 bathrooms
- Central air and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,631
Cap Rate
6.49%
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 6.49%
Second Best
Apartment 5plus
$509.6K
$445.9K – $594.6K
NOI $35,673 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$938.4K
$821.1K – $1.09M
NOI $65,689 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Frequently Asked Questions
What type of property is this?
Duplex - The 2021 property includes central air, forced-air heating, and a full appliance package in each unit.
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 $595,000.
What are key features of this property?
This property features: 3,556‑square‑foot duplex on a 0.0852‑acre lot; Built in 2021; room list includes 6 bedrooms and 6 bathrooms; Central air and forced‑air heating
