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    Meridian, ID
    Triplex

    Meridian, ID Triplexes for Sale

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    Downtown Meridian Triplex
    Updated: Dec 5, 2025
    Downtown Meridian Triplex

    918 NW 4th St, Meridian, ID 83646

    $624,900
    3,072 sqft 0.17 AC lot
    Triplex in the downtown Meridian area
    Each unit has 1,024 SF of living space
    Fully fenced backyard area with each unit
    Construction includes HardiPlank Type and vinyl flooring
    Natural gas forced‑air heat plus window and wall/window A/C units
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    This listing looks promising.

    Here's a quick look at some key insights for

    918 NW 4th St, Meridian, ID 83646

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $33K
      Annual

    • Price @ 7% Cap

      $477K
      Suggested

    • Property Type

      Triplex
      Built 1970
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    Triplex on Three Separate Townhome Lots
    Updated: Jul 30
    Triplex on Three Separate Townhome Lots

    6224, 6246 , 6238 N Maximus Pl, Meridian, ID 83646

    $1,143,000
    4,407 sqft 0.25 AC lot
    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
    HOA maintains landscaping, irrigation, sprinkler blowouts, seasonal shrub pruning, and snow removal
    Brand new carpet and paint in 6224; carpet updated 2024 in 6238 and 6246; new paint 6246 in 2026
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Meridian, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with Separate Entrances
    Triplex with Separate Entrances

    225 E 36th Street, Garden City, ID 83714

    $950,000
    2,422 sqft

    Triplex offering a townhouse, a casita, and a garage loft flex space, each with its own entrance.

    View details
    Triplex with Private Courtyard
    Triplex with Private Courtyard

    10267 W Carlton Bay Dr, Garden City, ID 83714

    $615,000
    2,414 sqft

    Townhome-style triplex with a private courtyard, attached garage, and a self-contained ADU studio for flexible live-work or rental use.

    View details
    Newer Triplex with Ductless Mini-Splits
    Newer Triplex with Ductless Mini-Splits

    6726 W Overland, Boise, ID 83709

    $1,068,999
    3,871 sqft 0.23 AC lot

    2023-built triplex with ductless heating and cooling, stainless appliances, and leases in place through spring and summer 2027.

    View details
    Triplex with Dedicated Water Meters
    Triplex with Dedicated Water Meters

    2501 Anderson St. #19-21, Boise, ID 83702

    Contact for pricing

    Tri-plex offers three 2-bedroom units with hardwood floors, newer windows, off-street parking, and individual water meters.

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    Meridian, ID Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Meridian, ID on our real estate platform. These investment opportunities span a total of 7,479 square feet of properties for sale, with an estimated market value of $1,767,900.

    Sale prices for three-family homes in Meridian, ID start at $624,900, averaging $883,950, and reaching up to $1,143,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 5
    Quadplexes 5
    Duplexes 3
    Triplexes 2

    Demographics Overview

    Population 203K
    Population Growth (5Y) +17.8%
    Median Household Income $91,829
    College Educated 41.9%

    High-Yield Neighborhoods for Investment

    Identify Meridian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    83646 $814.3K

    Taxes & Financing

    Tax Rate (average for all types) 0.45%
    Property Tax per SF $2.11 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ada County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ada County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Meridian fall within the 100,000+ square foot range.

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