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31-Unit Apartment Building
For Sale
$3,950,000

35 W 2nd. N, Rexburg, ID 83440

MULTI_FAMILY - Rexburg, ID

Property Size2,800 SF
Lot Size1.09 Acres
Price / SF$1,410
Days on Market328

Property Features for 35 W 2nd. N

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 1
Lot features Near Park
Elementary school Kennedy
Middle school Madison
High school Madison
Subdivision Rexburg
Standard status Active
Size 2,800 SF
Lot size 1.09 Acres

Taxes and HOA fees

Tax Annual Amount 30414

Utilities

Heating system Forced Air
Cooling system Wall/Window Unit(s)
Water source Public

Amenities

off-street parking
on-site laundry

Building Details

Number of units 31
Building materials Frame
Architectural style Other
Listing Agency: Axiom Properties
Listed By: Jared Keller
Added: Sep 19, 2025 Changed: Aug 9 Last Checked: Aug 12 at 2:06AM
MLS# 580600

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

College Park Apartments is a 31-unit multifamily property in Rexburg, Idaho, built with frame construction. The complex includes thirty-one 2-bedroom, 1-bath apartments and offers ample off-street parking and on-site laundry facilities for residents. Heating is provided via forced air, and cooling is via wall/window unit(s). Public water services the property.

The address is 35 W 2nd. N, Rexburg, ID 83440, in Madison County. Tenants have walkable access to nearby parks, downtown amenities, restaurants, and public transportation.

The property is described as having historically high occupancy rates and stable cash flow. Buyer and buyer’s agent to verify all information.

Key Highlights

  • 31‑unit apartment complex with thirty‑one 2‑bedroom, 1‑bath apartments
  • 1.09‑acre property with frame construction
  • Ample off‑street parking for residents

Property Analytics

Current Use

College Park Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service HVAC Service Restaurant Clothing & Fashion 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.

Lease Details

31
Residential units

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 83440, ID

50,567
Population
13,845
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
181.7 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - College Park Apartments features 31 two-bedroom, one-bath units with off-street parking and on-site laundry.
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 $3,950,000.
What are key features of this property?
This property features: 31‑unit apartment complex with thirty‑one 2‑bedroom, 1‑bath apartments; 1.09‑acre property with frame construction; Ample off‑street parking for residents
More about this property
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