$1,600,000
PENDING $600K PRICE DROP

48 Cedron Rd Victor, ID 83455

Estimated payment $9,189/month

Total Views 11
-- Bed
-- Bath
4,160 Sq Ft
$385 Price per Sq Ft

Highlights

  • Mountain View
  • Wood Siding
  • 4-minute walk to Victor City Park
  • Level Lot
  • Heating Available

About This Home

Great investment opportunity in downtown Victor! This newly constructed 4-plex includes (2) 880ft2 units with 2 bds 2 bths, and (2) 1200ft2 units with 3bds 2 bths. Each unit includes all major kitchen stainless steel appliances, washer and dryer, knotty alder cabinetry with granite counter tops, tile surround in main bath, LVP flooring, and city of Victor water and sewer services. HOA dues include garbage and snow removal, and landscape maintenance. Units are located within walking distance of downtown Victor amenities making this an attractive location for tenants and guests alike with both short and long term rentals allowed.
Close proximity to National Forest trails, Teton River, Grand Targhee Ski and Summer Resort and more. Turn-key with all units currently rented! 2023 taxes are for land only. Buyer to verify square footage to buyer's satisfaction.

Listing Agent

Kristy Jacobs

West Group Real Estate License #SP28988 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,656

Year Built

  • Built in 2024

Lot Details

  • 10,454 Sq Ft Lot
  • Year Round Access
  • Level Lot

Home Design

  • Shingle Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,160 Sq Ft Home
  • Mountain Views

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating Available
  • Electricity To Lot Line

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Applewood Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number RPB0135000000B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,656

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.24
  • Lot Size: 10,470 ft2
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Applewood Grove Subdivision
  • Directions: Traveling north on Victor Main Street, turn west on 8000 S (Cedron Rd). Building is on left (south) side of road.
  • Year Built: 2024
  • Property Info:Horses Allowed: No
  • Property Features:Flat: Yes
  • Property Features:Year Round Access: Yes
  • View:Mountain View: Yes
  • Property Features:Electric to Property: Yes
  • Roof:Comp Shingle: Yes
  • Driveway:Asphalt: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • Air Conditioning:None2: Yes
  • Property Info Senior Community YN2: No
  • Special Features: NewHome

Interior Features

  • Has Basement: None
  • Basement:None8: Yes

Exterior Features

  • Lot Features: Level
  • View: Mountain(s)
  • Exclusions: Renters' personal property.
  • Construction Type: Other, Wood Siding
  • Roof: Shingle
  • Construction:Stick andor Log: Yes

Garage/Parking

  • Property Info:Garage Type2: None
  • Property Info:Off Street Parking: Yes
  • Unit 1:_pound_ Parking Spaces: 2
  • Unit 2:_pound_ Parking Spaces2: 2
  • Unit 3:_pound_ Parking Spaces3: 2
  • Unit 4:_pound_ Parking Spaces4: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 5280.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: RPB0135000000B
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5655.84
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,104 $1,505,000 $260,000 $1,245,000
2024 $1,104 $260,000 $260,000 $0
2023 $1,104 $260,000 $260,000 $0
2022 $294 $57,585 $57,585 $0
2021 $473 $57,585 $57,585 $0
2020 $579 $57,585 $57,585 $0
2019 $571 $57,585 $57,585 $0
2018 $619 $57,585 $57,585 $0
2017 $533 $57,585 $57,585 $0
2016 $588 $52,530 $52,530 $0
2015 $726 $52,530 $52,530 $0
2011 -- $52,530 $52,530 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Pending -- -- --
07/08/2025 07/08/25 Price Changed $1,600,000 -11.1% $385 / Sq Ft
06/11/2025 06/11/25 Price Changed $1,800,000 -10.0% $433 / Sq Ft
04/08/2025 04/08/25 For Sale $1,999,000 0.0% $481 / Sq Ft
03/26/2025 03/26/25 Off Market -- -- --
03/17/2025 03/17/25 Price Changed $1,999,000 -9.1% $481 / Sq Ft
09/26/2024 09/26/24 For Sale $2,200,000 -- $529 / Sq Ft
Source: Teton Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Flying S Title And Escrow
Warranty Deed -- Flying S Title
Special Warranty Deed -- Title Financial
Warranty Deed -- First American Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $275,000 New Conventional
Previous Owner $515,000 New Conventional
Previous Owner $442,000 Credit Line Revolving
Closed $0 Purchase Money Mortgage
Source: Public Records

Source: Teton Board of REALTORS®

MLS Number: 24-2473

APN: RPB0135000000B