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Triplex on Three Separate Townhome Lots
New
For Sale
$1,143,000

6224 6246 6238 N Maximus Pl, Meridian, ID 83646

MULTI_FAMILY - Meridian, ID

Property Size4,407 SF
Lot Size0.25 Acres
Price / SF$259.36
Days on Market1

Property Features for 6224 6246 6238 N Maximus Pl

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 7, Bedroom 3, Bathroom 8, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 7
Parking 6
Parking features Driveway
Fireplace 1
Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision Hightower
Lot features 10000 S F - .49, Irrigation, Sidewalks
Elementary school Discovery
Middle school Heritage Middle School
High school Rocky Mountain
Elementary school district West Ada School District
Middle school district West Ada School District
High school district West Ada School District
Directions W on Chinden, S on Saguaro Hills Way, E on Everest, S on Maximus
Standard status Active
APN R3616860310, R3616860300, R3616860290
Size 4,407 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 05, 06, 07 BLK 06 HIGHTOWER SUB
Tax Annual Amount 4982
HOA Fee $1,050 Quarterly
Legal Description LOT 05, 06, 07 BLK 06 HIGHTOWER SUB

Utilities

Heating system Natural Gas, Forced Air, Fireplace(s)
Cooling system Central Air

Amenities

landscaping
irrigation
sprinkler blowouts
seasonal shrub pruning
snow removal
neighborhood greenspace
fireplace
granite countertops
LVP or Hardwoods

Building Details

Year built 2011
Number of units 3
Flooring type Vinyl, Engineered
Building materials Frame, Masonry, Stucco, Wood Siding
Roof type Composition
Listing Agency: Silvercreek Realty Group
Listed By: Eva Hoopes · License #SP24679
Added: Jul 30 Last Checked: Jul 30 at 7:06PM
MLS# 98995735

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 triplex consists of three adjoining townhomes, each on its own separately parceled lot. The homes are configured for separate ownership and income, with appliances in place for day-to-day living, including disposal, stove/range, refrigerator, and washer/dryer for all units. Heating is natural gas forced air with central air cooling, and each home includes a fireplace. Construction materials include frame, masonry, stucco, and wood siding, with a composition roof.

Two units are leased through June 2027, with immediate income. Each home offers an east-facing backyard and an attached two-car garage. Interiors include features such as granite countertops and LVP or hardwood flooring, and the property includes several recent updates: brand new carpet and paint in 6224, carpet updated in 2024 in 6238 and 6246, and new paint in 6246 in 2026. The larger townhomes offer dual primary suites, with one on the main level and one upstairs, while the third is a single-level floor plan.

An HOA maintains landscaping and irrigation, including seasonal shrub pruning and snow removal, as well as sprinkler blowouts. The HOA also maintains neighborhood greenspace. The property is located at 6224, 6246, and 6238 N Maximus Pl in Meridian, Idaho (Ada County).

Key Highlights

  • Three adjoining townhomes, each on its own separately parceled lot
  • Two units leased through June 2027 with immediate income
  • Attached two‑car garages and east‑facing backyards in each home

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 $71.4k $16.20
− Vacancy −$3.0k −$0.68
EGI $68.4k $15.52
− OpEx −$20.5k −$4.66
NOI $47.9k $10.86
4,407 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$683.9K
$598.5K – $797.9K (±1% cap)
NOI $47,876 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$631.6K
$552.6K – $736.8K (±1% cap)
NOI $44,210 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,410 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Le Chic LLC Cosmetic Store

Suggested Use

Top Pick Restaurant Law Firm Spa & Massage Center Dental Office Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 83646, ID

69,818
Population
26,829
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
2,557
Density / Sq Mi
$101,040
Median Household Income
$47,397
Median Earnings
$1,814
Median Rent
$488,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three adjoining townhomes on separately parceled lots with HOA-maintained landscaping and two-car garages.
Where is this triplex located?
The property is located at 6224 6246 6238 N Maximus Pl Meridian, ID.
What is the asking price?
The asking price for this property is $1,143,000.
What are key features of this property?
This property features: Three adjoining townhomes, each on its own separately parceled lot; Two units leased through June 2027 with immediate income; Attached two‑car garages and east‑facing backyards in each home
More about this property
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