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.
For sale
$649,000
885 Andrews Pl, Rexburg, ID 83440
8beds
3,120sqft
Quadruplex
Built in 2003
-- sqft lot
$628,400 Zestimate®
$208/sqft
$-- HOA
What's special
Ample off-street parkingNumerous off-street parking spaces
- 5 days
- 185
- 20
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Lerwill 208-351-4373,
Keller Williams Realty East Idaho,
Jeff Lerwill 208-351-7300,
Keller Williams Realty East Idaho
Source: SRMLS,MLS#: 2188865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Zoned, Separate Heat
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Oven, Stove, Separate Water Heaters
- Laundry: Laundry Hookups
Features
- Basement: None
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
- Finished area above ground: 3,120
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
- Has uncovered spaces: Yes
Lot
- Size: 0.3 Acres
- Features: Interstate Exit/Access, Near Mall/Shop, Near University/College, Established Lawn
Details
- Parcel number: RPRANDR0010010
- Zoning description: General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Primary Exterior Material: Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Architectural
Condition
- Existing
- New construction: No
- Year built: 2003
Utilities & green energy
- Electric: Rocky Mountain Power, Separate Power Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Andrews Addition-Mad
HOA
- Has HOA: No
Location
- Region: Rexburg
Financial & listing details
- Price per square foot: $208/sqft
- Annual tax amount: $4,851
- Date on market: 8/28/2026
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: 4 Refrigerators, 4 Range/Ovens, 4 Dishwashers, 4 Microwaves
- Exclusions: Tenant's Personal Property Including Washer & Dryers
- Tenant pays: Cable TV, Electricity, Sewer, Trash Collection, Water, Other
Estimated market value
$628,400
$597,000 - $660,000
$1,239/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $649,000-0.2%$208/sqft |
Source:  SRMLS #2188865 Report a problem | ||
| 3/13/2023 | Listing removed | $650,000$208/sqft |
Source: SRMLS #2143764 Report a problem | ||
| 10/14/2022 | Listing removed | -- |
Source: SRMLS #2143764 Report a problem | ||
| 10/14/2022 | Pending sale | $650,000$208/sqft |
Source: SRMLS #2143764 Report a problem | ||
| 8/4/2022 | Price change | $650,000-3.7%$208/sqft |
Source: SRMLS #2143764 Report a problem | ||
| 6/3/2022 | Listed for sale | $675,000$216/sqft |
Source: SRMLS #2143764 Report a problem | ||
| 5/23/2022 | Listing removed | -- |
Source: SRMLS #2143764 Report a problem | ||
| 5/23/2022 | Pending sale | $675,000$216/sqft |
Source: SRMLS #2143764 Report a problem | ||
| 5/21/2022 | Price change | $675,000-6.9%$216/sqft |
Source: SRMLS #2143764 Report a problem | ||
| 4/30/2022 | Listed for sale | $725,000$232/sqft |
Source: SRMLS #2143764 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83440
Nearby schools
Schools provided by the listing agent
- Elementary: KENNEDY 321EL
- Middle: MADISON 321JH
- High: MADISON 321HS
Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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