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View of front of property with a front lawn and a residential view
Front Of Structure
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Back of house featuring a residential view, an attached garage, board and batten siding, and driveway
Back Of Structure
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View of property with a residential view and an attached garage
Front Of Structure
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View of property's community with covered porch
Front Of Structure
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Community pool with a patio area and a residential view
Pool
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View of community play area
Playground
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View of sport court featuring a residential view and community basketball court
Basketball Court
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Surrounding community with mail area and a lawn
Community
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Kitchen with appliances with stainless steel finishes, dark brown cabinetry, light stone countertops, light wood-style floors, and a textured ceiling
Kitchen
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Kitchen with appliances with stainless steel finishes, dark brown cabinetry, light wood-style flooring, recessed lighting, and a textured ceiling
Kitchen
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Unfurnished room with dark wood-style floors, recessed lighting, a ceiling fan, and a textured ceiling
Other
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Carpeted empty room featuring baseboards and a textured ceiling
Other
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Empty room featuring carpet floors and a textured ceiling
Other
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Carpeted spare room with baseboards and a textured ceiling
Other
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Spare room featuring recessed lighting and light wood-type flooring
Other
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Unfurnished bedroom featuring carpet, ceiling fan, a textured ceiling, and connected bathroom
Bedroom
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Spare room featuring dark carpet and ceiling fan
Other
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Full bath with vanity and a shower stall
Bathroom
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Garage featuring a garage door opener
Garage
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View of a document
Other
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View of room layout
Floor Plan
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View of room layout
Floor Plan
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View of property floor plan
Floor Plan
This fully rented, prime investment property is just a few minutes from downtown Meridian and interstate 84. Each unit in this 4-plex features a spacious 1765 square feet that includes 3 bedrooms, 2.5 bathrooms and a one-car garage. The kitchen and living area have a modern look and feel. This building is part of the newer Entrata Farms community which features a clubhouse, swimming pool and a green space just in front of the building. Rents, plus the “smart-home package” currently produce $87,000 in gross income per year with a cap rate of over 5%. The HOA dues are $816/month for the whole 4-plex which includes the master insurance policy, trash, water, and maintenance for all common areas.
- Heating:
- Gas
- Cooling:
- Central air
- Garage Type:
- One car
- Total Parking:
- 1
- Refrigerator:
- All units
- Stove/Range:
- All units
- Washer/Dryer Hookups:
- All units
- Country:
- US
- State:
- ID
- County:
- Ada
- City:
- Meridian
- Zipcode:
- 83642
- Street:
- 3850 W Chair Lift Ln
- Longitude:
- W117° 33' 31''
- Latitude:
- N43° 36' 19.4''
- School District:
- West Ada School District
- Elementary School:
- Chaparral
- Middle School:
- Meridian Middle
- High School:
- Meridian
- Status:
- Active
- Type:
- Fourplex
- Tax Year:
- 2024
- Taxes:
- $5,082
- Potential Short Sale:
- No
- Unit count:
- 4
- Age:
- 1-5 Years
- Auction:
- No
- Flood Ins Required:
- No
- In Foreclosure:
- No
- Land Size:
- Small Lot 5999 SF
- Home Owner Exempt:
- No
- HOA Frequency:
- Monthly
- HOA Fees:
- $816
- Construction:
- Stucco, Stone
- Roof:
- Composition shingle
- Water:
- City service
- Waste Disposal System:
- All Units
- Land Use:
- 2-4 units
Residential Income For Sale
3850 W Chair Lift Ln, Meridian, Idaho 83642
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Status :
- Active
- Listing ID :
- 98964111
- Price :
- $1,225,000
- Bedrooms :
- 3
- Bathrooms :
- 2.5
- Apx SqFt :
- 7,060 SqFt
- Year Built :
- 2021
- Lot Area :
- 0.14 Acres
- Days on Market :
- 21
- Subdivision :
- Non Applicable
- Update Date :
- 11/23/2025 06:04:30
