1805 E Overland Rd. Building 40 Rd, Meridian, ID 83642
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About this home
A turnkey investment opportunity in one of Southeast Meridian's most in-demand rental corridors. This well-maintained fourplex sits within the established Sagecrest community, offering steady rental demand thanks to its prime location just minutes from I-84, Eagle Road, and the shopping, dining, and entertainment hubs of South Meridian. Each unit is designed for tenant appeal and low turnover, featuring functional split floor plans, full-size side-by-side washer/dryer, dishwasher, microwave, refrigerator, central air conditioning, and a private patio or balcony with extra storage. Sagecrest community's shared amenities include a fully furnished clubhouse available for resident events, a seasonal pool, 24-hour fitness center, and playground. Meridian's continued population growth and easy freeway access drive expanded demand. This fourplex presents a compelling opportunity for investors seeking reliable cash flow and long-term appreciation in a growing Treasure Valley. Building 35 listed for sale.
Multi-familyProperty Type
2005Year Built
4,356 sq ftLot Size
$286Price/Sq.Ft.
$300/moHOA Dues
4 spacesParking
Listed by Tricia Callies• KW Commercial
•208-475-1313 (broker)
•broker@kwboise.com (broker)
Contact: Main: 208-475-1313
Bought with Garrett Olson• Silvercreek Realty Group
Sale and tax history for 1805 E Overland Rd. Building 40 Rd
Sale History
Tax History
Date
Event
Price
Public Records
Sep 22, 2026
Sold
—
IMLS #98994559
Sep 22, 2026
Sold
*
Aug 27, 2026
Pending
—
Aug 3, 2026
Listed
$965,000
$286/sq ft
Public Records
Jan 23, 2012
Sold
—
Public Records
Jul 13, 2010
Sold
—
Public Records
Aug 1, 2006
Sold
—
Public Records
Oct 14, 2005
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$4,008 (−1.4%)
$278,900 + $520,900
$799,800
2024
$4,066 (−21.0%)
$267,200 + $622,200
$889,400
2023
$5,147 (+11.4%)
$220,000 + $596,800
$816,800
2022
$4,620 (−4.6%)
$220,000 + $737,600
$957,600
2021
$4,841 (+5.8%)
$220,000 + $650,300
$870,300
2020
$4,577 (−22.8%)
$150,000 + $532,100
$682,100
2019
$5,930 (+17.0%)
$114,200 + $434,900
$549,100
2018
$5,069 (+5.0%)
$99,000 + $449,300
$548,300
2017
$4,829 (+4.9%)
$80,000 + $354,200
$434,200
2016
$4,603 (+3.9%)
$66,000 + $325,400
$391,400
2015
$4,429 (+11.9%)
$65,000 + $293,800
$358,800
2014
$3,958
$54,600 + $242,900
$297,500
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
4,530 Sq. Ft.
Year renovated
—
Sq. Ft.
3,380
Year built
2005
Style
Single Family Residential
County
Ada County
APN
R7689250520
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 1, 2026.
L-O
Limited Office District
The purpose of the commercial districts is to provide for the retail and service needs of the community in accordance with the Meridian Comprehensive Plan. The following districts are designated which differ in the size and scale of commercial structures accommodated in the district, the scale and mix of allowed commercial uses, and the location of the district in proximity to streets and highways.
Elementary School District: West Ada School District
Middle or Junior High School: Lewis and Clark
Middle or Junior High School District: West Ada School District
High School: Mountain View
High School District: West Ada School District
Location Information
Directions: From Eagle Rd. West onto Overland Rd. South onto S. Millennium Way. Take the first right and follow the road. Building 40 will be on your right.
Subdivision Name: Sagecrest
Community Information
Subdivision Name: Sagecrest
Utility Information
Electric: 319, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
Utilities: Sewer Connected
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,380
Stories: 2.0
Lot Size: 4,530 square feet
Style: Single Family Residential
Year Built: 2005
Year Renovated: —
County: Ada County
APN: R7689250520
Home facts updated by county records on Oct 1, 2026