$550,000

Estimated payment $3,247/month

Total Views 1,554
12 Beds
5 Baths
4,400 Sq Ft
$125 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Riverview Elementary School Rated A-
  • Balcony

About This Home

Turnkey Fourplex Investment Opportunity in Shelley! This well-maintained fourplex offers four income-producing units under one roof, making ownership and property management both efficient and convenient. Each unit features a bright, functional floor plan with comfortable living spaces, spacious kitchens offering ample cabinetry and workspace, generous bedrooms, dedicated laundry areas, and central A/C for year-round comfort. Neutral finishes and abundant natural light create inviting interiors with broad tenant appeal. Outside, tenants will appreciate plenty of off-street parking, low-maintenance grounds, and a convenient location with quick access to schools, parks, shopping, Highway 91, and a short commute to Idaho Falls. Whether you're looking to grow your investment portfolio, generate steady rental income, or occupy one unit while renting the others, this versatile property offers excellent cash-flow potential, strong rental demand, and long-term value in the growing Shelley market.

Listing Agent

Anderson Hicks Group

Keller Williams Realty East Idaho Listed on: 07/30/2026

Keller Williams Realty East Idaho

Co-Listing Agent

Eric Shippen

Keller Williams Realty East Idaho License #SP29807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1945

Home Design

  • Quadruplex
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,400 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Schools

  • Sunrise Elementary-1-2 60El
  • Shelley/Hobbs 60Jh Middle School
  • Shelley 60HS High School

Utilities

  • Shared Heating and Cooling
  • Heating System Uses Natural Gas
  • Private Sewer

Additional Features

  • Balcony
  • 16,988 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Woodville Bing Subdivision

Listing and Financial Details

  • Exclusions: Seller's And Tenant's Personal Property
  • The owner pays for gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,546

Year Built

Built in 1945

Lot Details

0.39 Acres

Listing Details

  • Has Basement: Unfinished
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.39
  • Co List Office Mls Id: 3046
  • Co List Office Phone: 208-529-8888
  • Subdivision Name: Woodville-Bing
  • Directions: From I-15 take exit 113. Head South through the round-a-bout on S 45th Rd W, turn right on E 1550 N, property is on the left.
  • New Construction: No
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven, Stove
  • Owner Pays: Gas, Water
  • Full Bathrooms: 5
  • Total Bedrooms: 12
  • Flooring: Hardwood, Hardwood Floors
  • Living Area: 4400

Exterior Features

  • Exclusions: Seller's And Tenant's Personal Property
  • Exterior Features: Balcony
  • Roof: Metal
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Common Heat
  • Electric: Separate Power Meters, Salmon River Electric
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Shelley/hobbs 60JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 16988.4
  • Zoning Description: General Zoning: Bingham Residentia,Specific Zoning: Bingham-R-Residential

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2545.6

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Sunrise Elementary-1-2 60EL
  • HighSchool: Shelley 60HS

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,546 $440,000 $35,000 $405,000
2024 $2,749 $440,000 $35,000 $405,000
2023 $1,375 $190,832 $15,560 $175,272
2022 $2,029 $190,832 $15,560 $175,272
2021 $1,844 $167,970 $15,560 $152,410
2020 $1,759 $167,970 $0 $0
2019 $1,936 $167,970 $0 $0
2018 $1,470 $113,940 $20,000 $93,940
2017 $1,438 $109,440 $15,500 $93,940
2016 $1,394 $109,440 $0 $0
2015 -- $109,440 $0 $0
2014 -- $109,440 $15,500 $93,940
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2026 08/18/26 For Sale $550,000 0.0% $125 / Sq Ft
08/03/2026 08/03/26 Pending -- -- --
07/30/2026 07/30/26 For Sale $550,000 +17.0% $125 / Sq Ft
04/30/2024 04/30/24 Sold -- -- -- View Prior Sale
04/06/2024 04/06/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $470,000 0.0% $103 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $470,000 0.0% $103 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $470,000 +123.8% $103 / Sq Ft
05/16/2019 05/16/19 Sold -- -- -- View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $210,000 +91.1% $46 / Sq Ft
06/01/2012 06/01/12 Sold -- -- -- View Prior Sale
05/16/2012 05/16/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $109,900 -- $22 / Sq Ft
Source: Snake River Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Titleone
Quit Claim Deed -- None Available
Limited Warranty Deed $42,000 None Available
Warranty Deed -- None Available
Quit Claim Deed -- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $455,050 New Conventional
Previous Owner $175,500 New Conventional
Previous Owner $151,200 New Conventional
Previous Owner $98,360 Adjustable Rate Mortgage/ARM
Previous Owner $103,789 New Conventional
Source: Public Records

Source: Snake River Regional MLS

MLS Number: 2188187

Snake River Regional MLS

APN: RP7057102

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