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119 E King St
Meridian, ID 83642 Northeast Meridian

$995,000 USD

Apartments For Sale • 4,212 SF

Property Details

Property Type Apartments
Total Building Size 4,212 SF
Lot Size 0.15 AC
Building Class B
Year Built 2003
Zoning OT

10 Transit Score

60 Walk Score

                
                    Highlights
                
                                2×3bd / 2×2bd unit mix (strong tenant demand)
                            
                                Walkable downtown Meridian location + Old Town (OT) zoning
                            
                                Projected 6.5%+ cap as leases roll to market
                            
                                One unit currently being renovated for immediate rent increase
                            
                                Three units leased through Dec 2026 providing income stability
                            
                                Below-market rents with clear path to future growth

Amenities

Air Conditioning
Cable Ready
Dishwasher
Disposal
Microwave
Storage Space
Washer/Dryer Hookup
Heating
Kitchen
High Speed Internet Access
Refrigerator
Oven
Sprinkler System
Tub/Shower
Carpet
Double Pane Windows
Pantry
Patio
Vinyl Flooring
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Boise Air Trml/Gowen Field	30 min	-	14.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Leigh Wilson 208-472-8606 KW Commercial

119 E King St Meridian, ID 83642 Northeast Meridian