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    35 W 2Nd N Rexburg, ID 83440

    For Sale
    $4,375,000

    11 or More Units, Separate Buildings,Units Over and Under - Rexburg, ID

    Property size:
    2,800 SF
    Lot size:
    1.09 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 35 W 2Nd N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    Size
    2,800 SF
    Lot size
    1.09 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Wall/Window Unit(s)

    Building Details

    Number of units
    31
    Building materials
    Frame
    Architectural style
    Other

    Axiom Properties (208) 233-0740

    Listing agent Jared Keller (208) 233-0740

    Listing date Sep 19, 2025

    MLS# 580600 Listing URL

    Copyright © 2025 Greater Pocatello Association of REALTORS®. 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, Idaho. The property consists of thirty-one 2-bedroom, 1-bathroom apartments. The complex, situated on a 1.09-acre lot, features ample off-street parking and on-site laundry facilities. The property size is 2800 square feet. Residents benefit from walkable access to parks, downtown amenities, restaurants, and public transportation. This well-maintained property has historically high occupancy rates and stable cash flow. It is located in one of Idaho’s strongest rental markets.
    Property Profile 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
    -111.78501945767
    Latitude
    43.829898795622

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      Rexburg Multifamily Investment Opportunity

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    FAQs

    What type of property is this?
    Apartment building - 31-unit apartment complex in Rexburg, Idaho with strong rental history.
    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: - High occupancy rates and stable cash flow.; - Turnkey asset in a strong Idaho rental market.; - 31-unit multi-family complex.
    (208) 233-0740
    Request Owner's contact information
    35 W 2Nd N 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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