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.
For sale
Price increase: $51K (7/30)
$550,000
711 E 1550 N, Shelley, ID 83274
12beds
4,400sqft
Quadruplex
Built in 1945
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Low-maintenance groundsBright functional floor planComfortable living spacesPlenty of off-street parkingNeutral finishesDedicated laundry areasGenerous bedrooms
- 38 days
- 302
- 11
Zillow last checked:
Listing updated:
Listed by:
Anderson Hicks Group 208-227-5320,
Keller Williams Realty East Idaho,
Eric Shippen 208-313-2631,
Keller Williams Realty East Idaho
Source: SRMLS,MLS#: 2188187
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 5
Heating
- Natural Gas, Common Heat
Cooling
- None
Appliances
- Included: Refrigerator, Oven, Stove
- Laundry: Common Area
Features
- Flooring: Hardwood, Hardwood Floors
- Basement: Unfinished
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony
Lot
- Size: 0.39 Acres
Details
- Parcel number: RP7057102
- Zoning description: General Zoning: Bingham Residentia,Specific Zoning: Bingham-R-Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Primary Exterior Material: Wood Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Existing
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: Salmon River Electric, Separate Power Meters
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Woodville-Bing
HOA
- Has HOA: No
Location
- Region: Shelley
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $440,000
- Annual tax amount: $2,545
- Date on market: 7/30/2026
- Listing terms: Cash,Conventional
- Exclusions: Seller's And Tenant's Personal Property
- Tenant pays: Cable TV, Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $550,000$125/sqft |
Source:  SRMLS #2188187 Report a problem | ||
| 8/3/2026 | Pending sale | $550,000$125/sqft |
Source: SRMLS #2188187 Report a problem | ||
| 7/30/2026 | Price change | $550,000+10.2%$125/sqft |
Source: SRMLS #2188187 Report a problem | ||
| 7/21/2026 | Listed for sale | $499,000+6.2%$113/sqft |
Source: SRMLS #2187910 Report a problem | ||
| 4/30/2024 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/4/2024 | Listed for sale | $470,000$107/sqft |
Source: SRMLS #2163724 Report a problem | ||
| 4/2/2024 | Pending sale | $470,000$107/sqft |
Source: SRMLS #2163724 Report a problem | ||
| 3/16/2024 | Listed for sale | $470,000$107/sqft |
Source: SRMLS #2163724 Report a problem | ||
| 3/15/2024 | Pending sale | $470,000$107/sqft |
Source: SRMLS #2163724 Report a problem | ||
| 3/9/2024 | Listed for sale | $470,000+123.8%$107/sqft |
Source: SRMLS #2163724 Report a problem | ||
| 9/1/2020 | Listing removed | $725 |
Source: Zillow Rental Network Report a problem | ||
| 6/22/2020 | Listed for rent | $725+3.6% |
Source: Zillow Rental Network Report a problem | ||
| 9/17/2019 | Listing removed | $700 |
Source: Home River Group Report a problem | ||
| 8/21/2019 | Listed for rent | $700 |
Source: Home River Group Report a problem | ||
| 10/3/2018 | Listing removed | $210,000$48/sqft |
Source: RE/MAX PRESTIGE #2117815 Report a problem | ||
| 9/25/2018 | Listed for sale | $210,000+11.1%$48/sqft |
Source: RE/MAX Prestige #2117815 Report a problem | ||
| 12/19/2014 | Listing removed | $189,000$43/sqft |
Source: Listhub #190952 Report a problem | ||
| 2/24/2014 | Listed for sale | $189,000$43/sqft |
Source: Listhub #190952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,546 +355.3% | $440,000 |
| 2024 | $2,756 +124.9% | $440,000 +130.6% |
| 2023 | $1,225 -18.1% | $190,832 |
| 2022 | $1,496 -18.9% | $190,832 +13.6% |
| 2021 | $1,844 +4.8% | $167,970 |
| 2020 | $1,759 -9.2% | $167,970 |
| 2019 | $1,936 +31.7% | $167,970 +47.4% |
| 2018 | $1,470 +2.2% | $113,940 +4.1% |
| 2017 | $1,438 +3.2% | $109,440 |
| 2016 | $1,394 | $109,440 |
| 2015 | $1,394 | $109,440 |
| 2014 | $1,394 | $109,440 |
| 2012 | -- | -- |
| 2011 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83274
Nearby schools
Schools provided by the listing agent
- Elementary: SUNRISE ELEMENTARY-1-2 60EL
- Middle: SHELLEY/HOBBS 60JH
- High: SHELLEY 60HS
Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
