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312 E Idaho Ave, Meridian, ID, 83642

1beds
2baths
714sqft
$449,900
$630price/sqft
$2,696/moest. monthly cost
$107,840/yrincome needed

About This Home

Incredible Airbnb Investment Opportunity with 50+ Five-Star Reviews, Over $30,000 in gross annual rents, only one block away from Heritage Square which is currently under construction! This turnkey short-term rental has proven success and rents whenever it is made available. Whether you're looking for an income-producing investment or an amazing place to call home, this property delivers! Situated on two lots, the possibilities are endless! The City will allow a lot line adjustment to create a separate lot accessed from the alley, or keep the extra space and build a huge shop. Completely gutted to the studs and rebuilt to code in 2022, this home was rebuilt with quality, efficiency, and comfort in mind. Updates include all new plumbing to the street, all new sewer lines to the street, all new electrical, a new HVAC system, new roof, new siding, and more. The walls and ceilings are insulated with closed-cell foam, making this home extremely energy efficient. The interior features full wood-wrapped windows, high-end LVP flooring, and beautiful bathroom finishes. This home feels brand new with a modern, low-maintenance design. Located just two blocks from downtown Meridian, enjoy easy access to restaurants, bars, entertainment, and everything this vibrant area has to offer. A rare opportunity to own a fully remodeled home with established Airbnb history and incredible potential!

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
6/10
Meridian Middle SchoolGrades 6-80.8 mi
6/10
Meridian High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1937

Materials

  • Foundation: Crawl Space
  • Roof: Composition,Architectural Style
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Tank Water Heater,Dishwasher,Disposal,Double Oven,Microwave,Oven/Range Freestanding,Refrigerator,Washer,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Bath-Master,Bed-Master Main Level,Double Vanity,Wood/Butcher Block Counters,Number of Baths Main Level: 1
  • Flooring: Vinyl Sheet
  • Finished area below ground: 0
  • Finished area above ground: 714

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 714
  • Total interior livable area: 714 sqft

Kitchen

  • Level: Main
  • Area: 99

Living Room

  • Level: Main
  • Area: 171

Master Bedroom

  • Level: Main
  • Area: 99

Property

Details

  • Parcel number: R7596000290
  • Zoning: R-15

Features

  • Levels: One
  • Fencing: Partial,Vinyl,Wood

Lot

  • Lot size: 6,969 sqft
  • Features: Standard Lot 6000-9999 SF,Sidewalks
  • Lot size dimensions: 120 x 60

Parking

  • Total spaces: 2
  • Parking features: Detached,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Strong Wind

FEMA Declared Disasters in Ada County and Idaho

Fire
Mud Landslide

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,274$27,288
Home Insurance $102$1,224
Property Taxes $179$2,148
Electricity $141$1,695
Total$2,696$32,352

Income You'd Need if You Spent...

35% on housing$92,434/yr
40% on housing$80,880/yr
45% on housing$71,893/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -2.7%
-2.7%
0%30.0%
Electricity Growth Rate10-year average: -0.1%
-0.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$630This listing

vs Other Active Listings

Avg $/sqft

ZIP 83642$253
Ada County$274

vs Homes Sold Last Month

Median $/sqft

ZIP 83642$268
Ada County$276

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentTerry Taylor
BrokerageSilvercreek Realty Group

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