711 E 1550 N, Shelley, ID 83274

$550,000
  • 711 E 1550 N, Shelley, ID 83274 Main Photo

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New to the Market Active
BEDS12 BATHS5 full SQUARE FEET4,400 MLS#2188187
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWOODVILLE-BING

Property Description

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 youre 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.

711 E 1550 N | MLS# 2188187

This multi-family property located at 711 E 1550 N, Shelley, ID 83274 is currently listed for sale with an asking price of $550,000. Search Shelley real estate on candace-marie.cbidahofalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Natural Gas
Lot Size: 0.39 Acres
Roof Type: Metal
Taxes: $2,545
Year Built: 1945

Units

Unit Type 1:
Bedrooms: 4
Bathroom(s): 2
Rent: $1335.00
Square Footage: 1800
Unit Type 2:
Bedrooms: 3
Bathroom(s): 2
Rent: $1335.00
Square Footage: 1000
Unit Type 3:
Bedrooms: 2
Bathroom(s): 1
Rent: $1080.00
Square Footage: 800
Unit Type 4:
Bedrooms: 3
Bathroom(s): 1
Rent: $1230.00
Square Footage: 800

Feature Descriptions

Amenities: Common Laundry, Off Street Parking
Driveway: Gravel
Exterior: Wood Siding
Flood Plain: No
Foundation: Concrete Perimeter
Handicap Access: 0
HOA Y/N: No
Owner Pays: Gas, Water
Parcel #: RP7057102
Sewer: Private Septic
Tenant Pays: Cable TV, Electricity
Units: 4
Water: Public

Local Schools

High School: SHELLEY 60HS
Middle School: SHELLEY/HOBBS 60JH
Elementary School: SUNRISE ELEMENTARY-1-2 60EL

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty East Idaho
Agency Phone: 2085298888

Shown By

Agent Name: Candace-Marie Mitcham
Agent Phone: (208) 812-4368
Agency Title: Coldwell Banker Tomlinson

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Estimated Payment

$ 1,596.56 per month $1,224.06 Principal & Interest $212.08 Property Tax $160.42 Homeowner's Insurance

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