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Three-Level Quadplex Property
For Sale
Contact for pricing
Pending

540-558 Vassar Way, Idaho Falls, ID 83402

Apartment units span three levels, with separate addresses and legal descriptions reflected on the original plat.

Property SizeContact for details
Days on Market143

Property Features for 540-558 Vassar Way

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Stories 3
Listing Agency: KW Commercial
Listed By: Sondra Ward · License #ID AB28538
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial

Investment Insights

Based on property information with market context.

This quadplex property contains large apartment units arranged across three levels. The asset is currently being marketed as fourplexes for lending purposes, while the existing layout is described as convertible to townhomes for separate sale. Covenants, conditions, and restrictions are already in place.

The original plat identifies four separate addresses and legal descriptions, providing a documented framework for separate property identification. If the fourplexes are sold individually, a cross easement will be established before closing. The property is located at 540-558 Vassar Way in Idaho Falls, Idaho.

Key Highlights

  • Large apartment units distributed across 3 levels
  • Currently marketed as 4 plexes for lending purposes
  • Conversion to townhomes is described as a potential configuration

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Barber Shop Catering Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 83402, ID

28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Apartment units span three levels, with separate addresses and legal descriptions reflected on the original plat.
Where is this quadplex located?
The property is located at 540-558 Vassar Way Idaho Falls, ID.
What are key features of this property?
This property features: Large apartment units distributed across 3 levels; Currently marketed as 4 plexes for lending purposes; Conversion to townhomes is described as a potential configuration
(208) 529-8888 Call to check price and availability
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