885 Andrews, Rexburg, ID 83440
885 Andrews, Rexburg, ID 83440
885 Andrews, Rexburg, ID 83440
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$649,000
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8 Beds
4 Baths
3,120 SqFt
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885 Andrews Rexburg, ID 83440

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Living In Idaho

Living In Idaho

+1(208) 586-3066

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $208

Subdivision Andrews Addition-Mad

MLS Listing ID 2188865

Bedrooms 8

Full Baths 4

Year Built 2003

Annual Tax Amount $4,851

Tax Year 2026

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Quadruplex

Property Description

Excellent 4-plex investment opportunity in a central Rexburg location! This property features four 2-bedroom, 1-bath units, all currently leased for $900 or more per month, providing established rental income from day one. With four separate units, the property offers multiple income streams while keeping everything conveniently located all under one roof. The property offers numerous off-street parking spaces, providing added convenience for tenants and a valuable feature for a multi-unit property. The owner has also recently had concrete lifted in the front of the property as part of ongoing property upkeep. The central location puts tenants close to the best of Rexburg's everyday conveniences, with easy highway access and numerous shops, restaurants, and services nearby. BYU-Idaho is just over 2 miles away, making this a convenient location for students, faculty, and others who want quick access to campus while still being close to the growing commercial areas of Rexburg. With established tenants, current rents of $900 or more per unit, ample off-street parking, and a convenient location near BYU-Idaho and major transportation routes, this 4-plex offers a strong opportunity to add an income-producing property to your Rexburg portfolio.

Location

State ID

County Madison

Area 3120

Zoning General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1

Rooms

Basement None

Interior

Heating Electric, Zoned, Separate Heat

Cooling None

Inclusions 4 Refrigerators, 4 Range/Ovens, 4 Dishwashers, 4 Microwaves

Appliance Separate Water Heaters, Dishwasher, Microwave, Refrigerator, Oven, Stove

Laundry Laundry Hookups

Exterior

Parking Features Off Street

Garage Description Off Street

Community Features Sidewalks

View Y/N No

Roof Type Architectural

Garage No

Private Pool No

Building

Lot Description Interstate Exit/Access, Near Mall/Shop, Near University/College, Established Lawn

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Kennedy 321El

Middle Schools Madison 321Jh

High Schools Madison 321Hs

Others

Senior Community false

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Keller Williams Realty East Idaho
Nearby Locations

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Living In Idaho

Living In Idaho

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+1(208) 586-3066

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