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Prime Land Near BYUI

509 S 5th W Rexburg, ID 83440

509 S 5th W, Rexburg, ID, 83440
$1,750,000
For Sale
$1,750,000

MULTI_FAMILY - Rexburg, ID

Property Size8,000 SF
Lot Size1.25 Acres
Price / SF$218.75
Days on Market108

Property Features for 509 S 5th W

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Bathrooms
9
Rooms
Bedroom 8, Bathroom 9, Basement, Bedroom 2, Bedroom 9, Bathroom 6, Bedroom 11, Bedroom 14, Bedroom 13, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 15, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 3, Bedroom 12, Bedroom 10, Bathroom 7, Bathroom 8, Bedroom 6, Bathroom 4
Parking
4
Basement
Full
Standard status
Active
APN
RPR4KLA006002A
Size
8,000 SF
Lot size
1.25 Acres

Taxes and HOA fees

Tax Year
2022
Tax Description
Attached
Tax Annual Amount
8016

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1950
Number of units
8
Building materials
Frame, Metal Siding
Roof type
Metal
Listing agency The Real Estate Office
Listed by Todd Smith
Added: Apr 6 Updated: Jun 30 at 1:11AM Checked: Jul 22 at 3:06PM
MLS# 2152151

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This property features 1.25 acres of HDR1 land, situated a few blocks from BYUI in Rexburg, ID. The sellers are in the process of working with the city to rezone the land to potentially allow for the construction of 52 units. The site is equipped with amenities such as water, sewer, gas, power, phone, cable, and optix internet. Existing rental properties are currently located on the premises. The location provides convenient access to US 20. The property's size is 8000 square feet. This is one of the largest lots available in close proximity to the university, making it a suitable location for a new project.

Key Highlights

  • Prime HDR1 land offering potential for 52 units, subject to zoning changes.
  • Close to BYU‑Idaho (BYUI).
  • Utilities are readily available: water, sewer, gas, power, phone, cable, and fiber optic internet.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Dental Office Parking Lot & Garage Law Firm Grocery & Convenience Store Real Estate Agency Nail Salon Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon

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

FAQs

What type of property is this?
Residential land & home lot - 1.25 acres near university, potential for 52 units.
Where is this residential land & home lot located?
The property is located at 509 S 5th W Rexburg, ID.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime HDR1 land offering potential for 52 units, subject to zoning changes.; Close to BYU‑Idaho (BYUI).; Utilities are readily available: water, sewer, gas, power, phone, cable, and fiber optic internet.
Contact an agent
More about this property
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