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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 915 sqft
Price per Sqft $2,295
Subdivision Sherwood Hills-Mad
MLS Listing ID 2177619
Sold Date 08/14/26
Bedrooms 16
Full Baths 8
Year Built 2024
Annual Tax Amount $2,538
Tax Year 2025
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Multi Family
Property Description
**LOCATION! LOCATION! LOCATION!** BACK ON MARKET no fault of Seller. Now is your chance to own this exceptional investment opportunity just steps from BYU-Idaho! Four new twin homes on a .8-acre lot, totaling 7,320 square feet of livable space. Each of the four buildings provides two separate units, featuring two bedrooms and bathroom per unit—perfect for tenants seeking comfortable, modern living. Upper units have vaulted ceilings and lower units have 9' ceilings. These units are designed with quality and comfort in mind: enjoy beautiful cascading quartz countertops, durable LVP flooring with in-floor heating, and efficient ductless mini-split AC units. Each bedroom boasts two closets, ensuring ample storage, while keyless entries and in-unit washers and dryers add to living convenience. With enclosed parking for each tenant and a prime location, this property has the potential for both steady rental income and long-term appreciation. Don't miss your chance to invest in this rare opportunity—act now and secure your stake in this thriving community!
Location
State ID
County Madison
Area 915
Zoning General Zoning: Rx Low Density Res,Specific Zoning: Rexburg-Low Density Res 3
Rooms
Basement None
Interior
Interior Features Cable TV, Wired for Data, See Remarks, Network Ready
Heating Electric, Mini Split, Other, See Remarks
Cooling Mini Split
Appliance Separate Water Heaters, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry Laundry Included, Laundry Hookups
Exterior
Parking Features Garage
Garage Spaces 8.0
Garage Description Garage
Community Features Sidewalks
View Y/N Yes
View Valley
Roof Type Metal
Garage Yes
Private Pool No
Building
Lot Description Near University/College, Established Lawn, Many Trees, Flower Beds, Sprinkler-Auto, Sprinkler System-Full, Other-See Remarks, Sloped
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lincoln 321El
Middle Schools Madison 321Jh
High Schools Madison 321Hs
Others
Senior Community false
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Silvercreek Realty Group
Nearby Schools & Businesses
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