883 S 5th W - Apartments FOR SALE


Rexburg, ID 83440 | 
$1,850,000 USD
208-313-5035

NO PHOTO

$1,850,000 USD
Apartments - FOR SALE
null | Request Cap Rate

883 S 5th W
Rexburg, ID 83440


OVERVIEW

Don't miss this rare chance to own a high-performing multi-family property in one of Rexburg's most desirable rental locations. Situated on a spacious 0.83-acre lot, this unique investment includes four separate buildings on a single parcel, offering exceptional income potential and long-term value. The property features an older 6-plex, duplex, 4-bedroom single-family home, and townhouse-style 4-plex, totaling 17 bedrooms, 14 bathrooms, and approximately 9,000 square feet. With a proven rental history and over $10,000 in monthly rental income, this is a turnkey opportunity for both seasoned investors and those looking to expand their portfolio. Located just minutes from shopping, dining, schools, and BYU-Idaho, this property benefits from consistent tenant demand in one of Eastern Idaho's strongest rental markets. Whether you?re seeking dependable cash flow, future appreciation, or redevelopment potential, this property checks all the boxes.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

13

PRICE/UNIT

$142,308

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

MDR1

APN/PARCEL ID

RPR6N40E313600

ASK ABOUT THIS PROPERTY

Todd SmithThe Real Estate OfficeMore Info
208-313-5035

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Todd SmithThe Real Estate OfficeMore Info
208-313-5035

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.