Pending

$550,000

535 W Anderson St, Idaho Falls, ID 83402

8beds

3,264sqft

$3,524/mo

Get pre-qualified

Quadruplex

Built in 1978

-- sqft lot

$527,200 Zestimate^®

$169/sqft

$-- HOA

What's special

Detached garagesComfortable living spaceEstablished landscapingShared lawn areaOff-street parking

Investment opportunity in Idaho Falls! This fourplex features four 2-bedroom, 1-bathroom units, offering a practical layout and strong rental potential. Each unit provides comfortable living space with a kitchen and functional floor plan. The property also includes detached garages, giving tenants valuable additional parking and storage. Exterior features include off-street parking, a shared lawn area, and established landscaping. Conveniently located near shopping, dining, schools, and everyday amenities with easy access throughout Idaho Falls. Whether you're looking to expand an existing real estate portfolio or purchase a multifamily investment property, this Idaho Falls fourplex offers four established rental units plus the added benefit of detached garage space.

3 days
86
4

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Electric

Cooling

None

Appliances

Included: Dishwasher, Refrigerator, Oven, Stove, Separate Water Heaters
Laundry: Laundry Hookups

Features

Basement: None

Interior area

Total structure area: 3,264
Total interior livable area: 3,264 sqft
Finished area above ground: 3,264
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Garage, Off Street
Garage spaces: 4
Has uncovered spaces: Yes

Lot

Size: 7,405 Square Feet
Features: Near Schools, Concrete Curbing, Established Lawn, Sprinkler-Auto, Sprinkler System-Full
Topography: None

Details

Parcel number: RPA1040031020A
Zoning description: General Zoning: Tn-Trad Neigh,Specific Zoning: Idaho Falls-Tn-Traditional Nbh

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Frame, Primary Exterior Material: Vinyl Siding
Foundation: Concrete Perimeter
Roof: Architectural,Membrane

Condition

Year built: 1978

Utilities & green energy

Electric: Idaho Falls Power, Separate Power Meters
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks
Subdivision: Highland Park-Bon

HOA

Has HOA: No
Services included: None

Location

Region: Idaho Falls

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $410,055
Annual tax amount: $4,380
Date on market: 9/24/2026
Listing terms: Cash,Conventional,FHA
Inclusions: Fridges, Ovens, Dishwashers.
Exclusions: Washer And Dryer, Seller And Tenant Personal Property.
Total actual rent: 46800
Tenant pays: Gas, Electricity, Sewer, Trash Collection, Water

Estimated market value

$527,200

$501,000 - $554,000

$1,394/mo

Price history

Date	Event	Price
9/25/2026	Pending sale	$550,000$169/sqft
Source: SRMLS #2189450 Report a problem
9/24/2026	Listed for sale	$550,000$169/sqft
Source: SRMLS #2189450 Report a problem
5/3/2017	Listing removed	$575
Source: Zillow Rental Network Report a problem
3/11/2017	Listed for rent	$575
Source: Zillow Rental Network Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,316 -6.7%	$410,055 -0.9%
2024	$4,626 -0.5%	$413,701 -14%
2023	$4,651 +12.5%	$481,081 +24.7%
2022	$4,135 +19.5%	$385,920 +46.6%
2021	$3,461 -9.8%	$263,200 +11.2%
2020	$3,835 +10.8%	$236,620 +5.1%
2019	$3,461 -9.8%	$225,240 +7.9%
2018	$3,835 +17.7%	$208,730 +16.9%
2017	$3,259 +6.3%	$178,622 +5.5%
2016	$3,066	$169,322 +28.6%
2015	$3,066 +18.9%	$131,618
2014	$2,577	$131,618 -4%
2013	--	$137,137 -7.6%
2012	--	$148,337 +2.5%
2011	$2,793 -0.4%	$144,717 -3.6%
2010	$2,804 -1.3%	$150,181 -6.1%
2009	$2,842	$159,951
2007	--	--
2005	$3,209 +9.5%	--
2004	$2,931 -1.8%	--
2003	$2,984 +25.7%	--
2002	$2,373 -1.8%	--
2000	$2,417	--