2985 N Meridian Rd

Beds
Baths
20,224 Sq. Ft.
$109 / Sq. Ft.
20,224
Sq. Ft.
$109
per Sq. Ft.

Description

STABILITY AND LONG TERM VALUE - Rare opportunity to acquire a stabilized, turnkey 8-unit multifamily complex in one of the Pacific Northwest’s fastest growing corridors. - 100% Occupied, providing immediate and consistent cash flow with a proven track record of zero vacancy and strong tenant retention. - Built in 2018 and features high-quality architectural standards with Class "A" appeal, reducing near-term capital expenditure requirements. STRATEGIC LOCATION & DEMOGRAPHICS - Located in the high-growth...STABILITY AND LONG TERM VALUE - Rare opportunity to acquire a stabilized, turnkey 8-unit multifamily complex in one of the Pacific Northwest’s fastest growing corridors. - 100% Occupied, providing immediate and consistent cash flow with a proven track record of zero vacancy and strong tenant retention. - Built in 2018 and features high-quality architectural standards with Class "A" appeal, reducing near-term capital expenditure requirements. STRATEGIC LOCATION & DEMOGRAPHICS - Located in the high-growth Meridian corridor in the heart of the Treasure Valley, one of the fastest-growing metro areas in the United States. - The property is located just minutes from The Village at Meridian, premier retail centers, top-rated schools, and major employment centers. - Strategically positioned to capture the influx of professionals seeking luxury suburban living with urban convenience. SUPERIOR ASSET COMPOSITION - Large-scale modern layouts with floor plans ranging from 1,186 SF to 1,387 SF, outperforming standard mar
  1. Listed by Drey Campbell • Lee & Associates Idaho LLC • Main: 208-343-2300

Property Details for 2985 North Meridian Road

Subdivision Name
Maddyn Village
LISTING UPDATED: 03/26/2026 01:55 PM

Property Details for 2985 North Meridian Road

StatusActive
MLS #98979533
Days on MarketListed Today
Taxes$10,807 / year
HOA Fees$12,996 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2018
CountyAda County

Location

Listing Courtesy of Lee & Associates Idaho LLC
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Building Information for 2985 North Meridian Road

Building/Complex2985 N Meridian RdFloor-Stories-Residences8Pet Policy-Pet Policy Details-Year Built2018Building Size-

Payment Calculator

$24,573 per month

30 year fixed, 6.11% Interest

Principal and Interest

$10,677

Property Taxes

$901

HOA Dues

$12,996

The Payment Calculator is for illustrative purposes only.

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Property Information for 2985 North Meridian Road

Summary
Location and General Information
  • Zoning Description: R-15
Taxes and HOA
  • Tax Legal Description: LOT 18 BLK 01 MADDYN VILLAGE SUB
  • Tax Year: 2025
  • Association Fee: $12,996.00
  • Association Fee Frequency: Monthly
  • Parcel Number: R5430950360
School Information
  • Elementary School: River Valley
  • Elementary School District: West Ada School District
  • HighSchool: Meridian
  • HighSchool District: West Ada School District
  • Middle Or Junior School: Meridian Middle
  • Middle Or Junior School District: West Ada School District
Parking
  • Parking Total: 8
Property
Lot Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Total: 20224.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area: 20224.0
  • Living Area Units: Square Feet
  • Lot Features: 10000SF - .49
  • Lot Size Dimensions: 135x90
  • Lot Size Units: Acres
Property and Assessments
  • Photos Count: 9
  • Year Built: 2018
Interior and Exterior Features
Interior Features
  • Heating: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8

Property History for 2985 North Meridian Road

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Listed (Active)

IMLS #98979533

$2,200,000
Dec 29, 2025

Sold

IMLS #98967566

Dec 29, 2025

Pending

IMLS #98967566

Nov 14, 2025

Listed (Active)

IMLS #98967566

$1,185,000
Jun 30, 2025

Sold

IMLS #98940213

Jun 30, 2025

Pending

IMLS #98940213

May 21, 2025

Price Change

IMLS #98940213

$1,150,000
Mar 24, 2025

Price Change

IMLS #98940213

$1,198,000
Mar 24, 2025

Listed (Active)

IMLS #98940213

$1,150,000
Mar 31, 2022

Sold

IMLS #98829011

Mar 31, 2022

Pending

IMLS #98829011

Mar 30, 2022

Sold

IMLS #98829011

Mar 30, 2022

Pending

IMLS #98829011

Mar 14, 2022

Sold

IMLS #98829252

Mar 14, 2022

Sold

IMLS #98829251

Feb 25, 2022

Sold

IMLS #98829012

Feb 25, 2022

Sold

IMLS #98829013

Jan 15, 2022

Pending

IMLS #98829252

Jan 15, 2022

Pending

IMLS #98829251

Jan 13, 2022

Listed (Active)

IMLS #98829252

$1,300,000
Jan 13, 2022

Listed (Active)

IMLS #98829251

$1,300,000
Jan 12, 2022

Pending

IMLS #98829012

Jan 12, 2022

Pending

IMLS #98829013

Jan 10, 2022

Listed (Active)

IMLS #98829012

$1,300,000
Jan 10, 2022

Listed (Active)

IMLS #98829013

$1,300,000
Jan 10, 2022

Listed (Active)

IMLS #98829011

$1,300,000
DateEvent & SourcePrice
03/26/2026

Listed (Active)

IMLS #98979533

$2,200,000
12/29/2025

Sold

IMLS #98967566

12/29/2025

Pending

IMLS #98967566

11/14/2025

Listed (Active)

IMLS #98967566

$1,185,000
06/30/2025

Sold

IMLS #98940213

06/30/2025

Pending

IMLS #98940213

05/21/2025

Price Change

IMLS #98940213

$1,150,000
03/24/2025

Price Change

IMLS #98940213

$1,198,000
03/24/2025

Listed (Active)

IMLS #98940213

$1,150,000
03/31/2022

Sold

IMLS #98829011

03/31/2022

Pending

IMLS #98829011

03/30/2022

Sold

IMLS #98829011

03/30/2022

Pending

IMLS #98829011

03/14/2022

Sold

IMLS #98829252

03/14/2022

Sold

IMLS #98829251

02/25/2022

Sold

IMLS #98829012

02/25/2022

Sold

IMLS #98829013

01/15/2022

Pending

IMLS #98829252

01/15/2022

Pending

IMLS #98829251

01/13/2022

Listed (Active)

IMLS #98829252

$1,300,000
01/13/2022

Listed (Active)

IMLS #98829251

$1,300,000
01/12/2022

Pending

IMLS #98829012

01/12/2022

Pending

IMLS #98829013

01/10/2022

Listed (Active)

IMLS #98829012

$1,300,000
01/10/2022

Listed (Active)

IMLS #98829013

$1,300,000
01/10/2022

Listed (Active)

IMLS #98829011

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2985 North Meridian Road

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Stories1Lot Size36,895 SqFtStyleMiscellaneous ResidentialYear Built2019ZoningR-15CountyADAAPNR5430950380

Schools near 2985 North Meridian Road

This home is within Joint School District No. 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
River Valley Elementary School
PublicPK to 5

Meridian Middle School
Public6 to 8

Meridian High School
Public9 to 12

Chief Joseph Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2985 North Meridian Road is a multi-family home for sale in Meridian, ID 83646. This listing's school district is Joint School District No. 2. Nearby schools include River Valley Elementary School, Meridian Middle School and Meridian High School. 2985 North Meridian Road is a 0-bed, 0-bath, 20,224 sqft multi-family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lee & Associates Idaho LLC

Based on information from one of the following Multiple Listing Services: Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.