About This Home

This 8-bedroom, 4-bathroom multi-family at 885 Andrews Place in Rexburg, ID is listed for $649,000 ($208 per sqft). Built in 2003, the home offers 3,120 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 2003
  • 0.30 acre lot

Property Details

4 full
2003
Listing 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.

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

885 Andrews Place

Rexburg, ID 83440

Andrews Addition-Mad

Property Details

Construction

Frame Vinyl Siding

Parking

Off Street

Heating

ZonedElectric (Heating)

Appliances

Separate Water HeatersDishwasherMicrowaveRefrigeratorOvenStove

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 885 Andrews Place is listed at $649,000 ($208/sqft). The estimated monthly payment is $3,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2003, 0.30 acre lot.

This property is listed by Ryan Lerwill.

RL

Ryan Lerwill

Agent at Keller Williams Realty East Idaho

Listed by Keller Williams Realty East Idaho · Broker phone: (208) 529-8888 · View on Broker Site · Broker website

MLS# 2188865· Source: Snake River Regional MLS· 4 days on PropertySimple

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

885 Andrews Place, Rexburg, ID 83440

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