New 2023 Fourplex – Fully Leased – New Meadows, ID
Fourplex Investment Opportunity in Rising Market
Marketing description
Presenting a newly constructed (2023) four-unit multifamily property in the growing community of New Meadows, Idaho. This 4-plex totals 4,624 SF and features four thoughtfully designed 2-bedroom / 2-bath units, each with modern open-concept layouts, spacious living areas, and contemporary kitchens equipped with stainless steel appliances, including range/oven, microwave, refrigerator, and dishwasher.
Each unit occupies its own 0.3-acre parcel, providing flexibility for individual sale, long-term investment, or potential future condo-style conversion. Built with energy-efficient systems and separately metered utilities, the property ensures simplified management and lower operating costs. Residents benefit from interior snow-free stairways, paved parking, and high-quality finishes throughout.
All units are newly leased, delivering immediate rental income in a market with strong demand and limited new construction. Buyers may acquire this 4-plex individually or combine it with other Heartland development properties for scale and additional income potential.
Priced at $999,000, this fully rented, turn-key property represents a rare opportunity to invest in new construction in a highly desirable and rapidly growing Idaho market.
Investment highlights
Newly Built (2023) – Modern construction with low-maintenance systems
Four 2BR / 2BA Units – Designed for long-term rental appeal with open, functional layouts
Total 4,624 SF – Efficient floor plans with consistent design throughout
Each Unit on Its Own 0.3-Acre Parcel – Flexible for individual sale or future condo-style conversion
Fully Leased – Immediate cash flow in a high-demand rental market
Stainless Steel Appliance Package included in every unit
Energy-Efficient Design with separately metered utilities for simplified management
Snow-Free Interior Stairways & Paved Parking – Convenient year-round access for residents
Located in New Meadows, Idaho – A growing community with limited new rental supply
No HOA (Yet) – Lower operating costs and operational flexibility
Optional Portfolio Expansion – Ability to acquire additional 4-plexes within the Heartland development for scale
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