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    35 W 2Nd N Rexburg, ID 83440

    For Sale
    $4,375,000

    MULTI_FAMILY - Rexburg, ID

    Property size:
    21,700 SF
    Lot size:
    1.03 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 35 W 2Nd N

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 1, Bathroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    RPRRXB10230020
    Parking
    124
    Parking features
    Off Street
    Exterior features
    Lighting
    Appliances
    Separate Water Heaters, Dishwasher, Refrigerator, Oven
    Size
    21,700 SF
    Lot size
    1.03 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Number of units
    31
    Building materials
    Vinyl Siding, Brick

    Professional Realty Services (208) 234-0550 [email protected]

    Listing agent Abra Kirby (208) 241-8955

    Listing date Sep 19, 2025

    Copyright © 2025 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rexburg Multifamily Investment Opportunity

    College Park Apartments is a 31-unit multi-family complex located in Rexburg, ID. The property consists of thirty one 2-bedroom, 1-bathroom apartments. The complex provides ample off-street parking and on-site laundry facilities. Its location allows walkable access to parks, downtown amenities, restaurants, and public transportation. The property, with historically high occupancy rates and stable cash flow, is positioned as a turnkey asset in one of Idaho's rental markets. The property contains 21,700 square feet and sits on a 1.03-acre lot.
    Location Intelligence

    Current Use by Public Records

    College Park Apartments Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison
    State
    Idaho
    Longitude
    -111.7848982
    Latitude
    43.8298893

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    FAQs

    What type of property is this?
    Apartment building - 31-unit apartment complex in Rexburg, Idaho with stable cashflow.
    Where is this apartment building located?
    The property is located at 35 W 2Nd N Rexburg, ID.
    What is the asking price?
    The asking price for this property is $4,375,000.
    What are key features of this property?
    This property features: - 31-unit multi-family complex in Rexburg, ID; - Historically high occupancy rates and stable cash flow; - Turnkey asset in a strong rental market
    (208) 241-8955
    Request Owner's contact information
    35 W 2Nd N Rexburg, ID 83440
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    Rexburg, ID 83440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35 W 2Nd N Rexburg, ID 83440
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