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12 Beds
6 Baths
4,400 sqft

$550,000

711 E 1550 N, Shelley ID, 83274

Price per sqft$125.00
Built in1945
Property size4,400 sqft
Property typeMulti-family

Overview

Active

Listed Jul 30, 2026

Updated Aug 19

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.

$3,659/mo

Est. mortgage payment based on a $550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2188187

Interior Features

Bedrooms
12
Bathrooms
6
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Taxes
$2,546
Tax Frequency
Annually
MLS provider logo

Courtesy of Keller Williams Realty East Idaho, Anderson Hicks Group,
Listing Contact: 208-529-8888 

Based on information from Snake River Regional Multiple Listing Service as of 8/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 8/19/2026 at 3:30 AM UTC

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