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885 Andrews Place Rexburg

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$649,000

885 Andrews Place, Rexburg ID 83440

MLS# 2188865

Listing courtesy of Ryan Lerwill, Keller Williams Realty East Idaho

8

Beds

4

Baths

3,120

Sqft

0.3

Acres

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.

Property Overview

Status

Active

Property Type

Residential Income

Year Built

2003

Construction & Exterior

Construction Materials

Frame, Vinyl Siding

Roof

Architectural

Garage Spaces

0

Basement

None

Utilities & Systems

Heating

Electric, Zoned, Separate Heat

Cooling

None

Water Source

Public

Sewer

Public Sewer

Financials & HOA

Taxes

$4,851.00 (2026 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: Andrews Addition
County: Madison
Legal Description: LOT 1 BLK 1 ANDREWS ADDITION DIVISION NO 1
Parcel Number: RPRANDR0010010

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© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Keller Williams Realty East Idaho.