2023-Built 4-Unit Property – Fully Rented – New Meadows
Fully Leased 2023 Fourplex in Growing New Meadows Market
Marketing description
Introducing a newly built (2023) four-unit multifamily property located in the growing community of New Meadows, Idaho. This 4-plex totals 4,624 SF and features modern, open-concept living throughout—originally designed as four 2-bed / 2-bath units with spacious layouts and gourmet kitchens equipped with stainless steel appliances, including range/oven, microwave, refrigerator, and dishwasher.
One of the units has been thoughtfully modified to provide 2 bedrooms and 1.5 bathrooms and is fully compliant with ADA accessibility laws and regulations, offering inclusive housing and broadening the property’s long-term rental appeal.
Each unit sits on its own 0.3-acre parcel, allowing for individual resale options, long-term portfolio flexibility, or future condo-style disposition. Constructed with energy-efficient systems and separately metered utilities, the property supports streamlined management and reduced operating expenses. Residents benefit from snow-free interior stairways, paved parking, and high-quality new-build finishes throughout.
All units are newly leased, delivering immediate cash flow in a market defined by strong rental demand and minimal new construction supply. Buyers may purchase this 4-plex individually or combine it with additional buildings within the Heartland development to increase scale, income stability, and operational efficiency.
Offered at $999,000, this property represents an exceptional opportunity to acquire turn-key, fully rented new construction in one of Idaho’s most desirable and rapidly developing communities
Investment highlights
Investment Highlights
Brand-New Construction (2023) – Modern building systems and minimal maintenance requirements
Four Spacious Units – Three units offering identical 2BR / 2BA layouts
One ADA-Compliant Unit – Features 2 bedrooms and 1.5 bathrooms, fully built to ADA accessibility standards
4,624 Total SF – Efficient design with consistent, renter-friendly floor plans
Each Unit on Its Own 0.3-Acre Parcel – Flexibility to sell individually now or create future condo-style units
Fully Leased – Immediate cash flow with strong long-term rental demand
Stainless Steel Appliance Package in every unit: range/oven, microwave, refrigerator, and dishwasher
Energy-Efficient Construction with separately metered utilities for lower operational costs
Snow-Free Interior Stairways & Paved Parking – Enhanced convenience for residents year-round
Located in New Meadows, Idaho – A growing, supply-constrained rental market with increasing demand
No HOA (Yet) – Lower expenses and greater operational flexibility
Optional Portfolio Purchase – Ability to acquire additional 4-plexes within the same Heartland development for scale
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