# 40 W Franklin Rd, Meridian, ID 83642 > **TL;DR:** single family, $945,000 ($126/sqft), built 1937, 7,487 sqft. > A/C. Est. $5,054/mo. Listed 159 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $945,000 | | Price/sqft | $126 | | Square Feet | 7,487 | | Year Built | 1937 | | Lot Size | 21,344 sqft (0.49 acres) | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 159 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,778 | | Estimated Insurance | $276 | | **Total** | **$5,054** | ## Key Amenities - A/C ## Property Highlights - Built in 1937 - 0.49 acre lot - 20 parking spaces ## Description ### Agent 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. ## Location - **Address:** 40 W Franklin Rd, Meridian, ID 83642 - **County:** Ada - **Coordinates:** 43.60504, -116.394843 - **Google Maps:** https://www.google.com/maps?q=43.60504,-116.394843 ## Listing Agent - **Name:** Marcos Prado · **License:** SP56515 - **Brokerage:** Boise Premier Real Estate - **Phone:** 2089485575 - **Broker Phone:** (208) 412-1710 ## Photos ![40 W Franklin Rd - Photo 1](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f1631177759r.jpg) ![40 W Franklin Rd - Photo 2](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f398677984r.jpg) ![40 W Franklin Rd - Photo 3](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f267324040r.jpg) ![40 W Franklin Rd - Photo 4](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f1077196178r.jpg) ![40 W Franklin Rd - Photo 5](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f2893988786r.jpg) ![40 W Franklin Rd - Photo 6](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f1810163349r.jpg) ![40 W Franklin Rd - Photo 7](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f1332189410r.jpg) ![40 W Franklin Rd - Photo 8](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f3534942682r.jpg) ![40 W Franklin Rd - Photo 9](http://lh.rdcpix.com/d6e134fcdef9882456077f79406b137bl-f1845180156r.jpg) --- **MLS#:** 98981114 | **Updated:** 2026-09-13 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/40-w-franklin-rd-meridian-id-83642-98981114) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/40-w-franklin-rd-meridian-id-83642-98981114#listing", "url": "https://www.propertysimple.ai/listing/40-w-franklin-rd-meridian-id-83642-98981114", "name": "40 W Franklin Rd, Meridian, ID 83642", "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. 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