About This Home

This 0-bedroom, 0-bathroom single family at 40 W Franklin Rd in Meridian, ID is listed for $945,000 ($126 per sqft). Built in 1937, the home offers 7,487 sqft of living space on a 0.49 acres lot.

Key Features

  • Built in 1937
  • 0.49 acre lot
  • 20 parking spaces

Property Details

1 story
20 spaces
1937

Amenities

A/C
Listing Description

Fully leased 5 unit office building, in the heart of Meridian, with significant upside! Currently divided into 5 units but able to split into 8 units, all with separate restrooms and entries. Bring rents up to market rates with the longstanding tenants, owner occupy a portion of the building, or remodel and increase rents further. Many possibilities to turn this property into one of your highest yielding assets after purchasing at one of the lowest price per sqft on the market.

Monthly Cost Estimate

$5,054/mo

20% down · 6.5% · 30 years

Principal$683
Interest$4,095
Insurance$276

Estimates only. Actual payments may vary.

Location

40 W Franklin Rd

Meridian, ID 83642

Property Details

Flooring

Wood

Construction

Frame

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom single family at 40 W Franklin Rd is listed at $945,000 ($126/sqft). The estimated monthly payment is $5,054 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 0.49 acre lot, 20 parking spaces.

This property is listed by Marcos Prado.

MP

Marcos Prado

License SP56515

Agent at Boise Premier Real Estate

Listed by Boise Premier Real Estate · Broker phone: (208) 412-1710 · Broker website

MLS# 98981114· Source: Intermountain Multiple Listing Service· 207 days on PropertySimple

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40 W Franklin Rd, Meridian, ID 83642

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