This home's estimate is 4% lower than the average sale price ($809K) of 6 comparable homes.
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2440 S Locust Grove Rd, Meridian, ID 83642
About this home
Easy to rent fourplex in great location. Large, well-priced units make for great occupancy. Great as stand-alone investment with possible future development potential while earning income to cover carrying costs. Property being sold in As-Is condition only. BTVAI

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Market trends in 83642, ID
Last updated August 2026
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Seller's Market
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Sale history for 2440 S Locust Grove Rd
$76/sq ft
$76/sq ft
$22/sq ft
Tax history for 2440 S Locust Grove Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
RUT
Rural-Urban Transition District
Provide standards and regulations for the development of property within areas of city impact, consistent with the goals and policies of the applicable city comprehensive plan; Allow agriculture and rural residential uses to continue within areas of city impact until urban public facilities are extended; Provide standards and regulations that shall permit redevelopment of property to higher densities when urban public facilities are extended and Limit new agricultural uses within the areas of city impact to those that shall not significantly impact nearby urbanizing areas with noise, odor, dust or other nuisances normally related to more intensive farm uses, such as livestock confinement facilities with 301 or more animal units. This article, however shall in no way preclude the continued use of properties within these areas for agriculture.Include but are not limited to:
- Agriculture
- Greenhouse / nursery
- Housing-Single unit
- Infrastructure-Other
Property details
Parking
- Garage Information
- Has Garage(s): Yes
- Garage Spaces: 2
- Parking Information
- Has Carport(s): Yes
- Covered Spaces: 2
- Parking Features: Two Car, Carport, Detached
- Total Parking: 12
Interior
- Bedroom Information
- # of Bedrooms: 11
- Bathroom Information
- # of Bathrooms: 5
- Heating & Cooling
- Heating: No
- Cooling: Yes
- Cooling Features: Some Units
- Equipment
- Disposal (Some Units), Stove/Range (All Units), Refrigerator (All Units)
- Multi-Unit Information
- # of Units: 4
Exterior
- Building Information
- Construction Materials: Frame, Masonry, Stucco
- Year Built: 1,929
- Property Information
- Property Subtype: Quadruplex
- Lot Information
- Lot Features: 1 - 4.99 Acres
- Zoning Description: RUT
- Current Use: 5+ Units
- Land Information
- Lot Features: 1 - 4.99 Acres
Financial
- Tax Information
- Annual Taxes: $3,138
- Parcel Number: S1120325425
- Tax Year: 2,015
Utilities
- Utilities Information
- Electric: 3081, Unit 1 Separate Meter, Unit 3 Separate Meter
Location
- School Information
- Elementary School: Pepperridge
- 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 Overland, South on Locust Grove, property is on Left.
- Meridian SE - 1000
- Subdivision Name: 0 Not Applic.
- Community Information
- Subdivision Name: 0 Not Applic.
- MLS Area Major: Meridian SE - 1000
- Utility Information
- Electric: 3081, Unit 1 Separate Meter, Unit 3 Separate Meter
Public facts
- Beds: 11
- Baths: 5.0
- Sq. Ft.: 4,216
- Stories: —
- Lot Size: 1.24 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1929
- Year Renovated: 1950
- County: Ada County
- APN: S1120325415
Other
- Listing Information
- MLS ID: 98642322
Around this home
Schools
Public PreK-5 • Assigned • 2.2mi
Public 6-8 • Assigned • 2.6mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 96° expected this year, 17 days in 30 years
Minimal risk of severe winds over next 30 years
12 unhealthy days expected this year, 16 days in 30 years
Sun exposure
In this area, properties receive around 11.6 hours in June and 3.3 hours in December, placing it above the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 83642
Home values near 2440 S Locust Grove Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1660 Sq. Ft. | $585,120 |
3 Beds | 2 Baths | 1738 Sq. Ft. | $453,372 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1008 Sq. Ft. | $413,073 |
4 Beds | 3 Baths | 2034 Sq. Ft. | $543,250 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1250 Sq. Ft. | $455,728 |
3 Beds | 2 Baths | 1579 Sq. Ft. | $433,773 |
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