Back to Search
Townhome Income Property

4044 W Ski Jump Lane Meridian, ID 83642

Claim this Listing
For Sale
$680,000

MULTI_FAMILY - Meridian, ID

Property size:
3,556 SF
Price / SF:
$191/SF
Added:
Mar 26, 2025
Days on Market:
472
Last Refresh:
Jul 10 at 9:06 pm

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 agent Pedro Resendez License #SP55961

Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID

Listing date Mar 26, 2025

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.

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 (±1% cap)
NOI $38,631 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$509.6K
$445.9K – $594.6K (±1% cap)
NOI $35,673 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$938.4K
$821.1K – $1.09M (±1% cap)
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

Suggested Use

Building Supply Big Box & Wholesale Store Dental Office Hair Salon Law Firm Nail Salon HVAC Service Electrical Service Spa & Massage Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message