About This Home
This 12-bedroom, 5-bathroom multi-family at 711 E 1550 N in Shelley, ID is listed for $499,000 ($113 per sqft). Built in 1945, the home offers 4,400 sqft of living space on a 0.39 acres lot.
Key Features
- Built in 1945
- 0.39 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$2,669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
711 E 1550 N
Shelley, ID 83274
Woodville-Bing
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 12-bedroom, 5-bathroom multi-family at 711 E 1550 N is listed at $499,000 ($113/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.39 acre lot. Exterior Features: Balcony.
This property is listed by Anderson Hicks Group and can be reached at 2085298888.
