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Multi-Building Apartment Portfolio
For Sale
$1,850,000

883 S 5th W, Rexburg, ID 83440

Residential Income, Rexburg, ID

Property Size9,000 SF
Lot Size0.83 Acres
Price / SF$205.56
Days on Market47

Property Features for 883 S 5th W

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description General Zoning: Rx Medium Density, Specific Zoning: Rexburg-Medium Density Resid 1
Bedrooms 17
Bathrooms 14
Full bathrooms 14
Rooms Bedroom 8, Bathroom 5, Bathroom 10, Bedroom 11, Bathroom 11, Bedroom 14, Bathroom 2, Bedroom 16, Bedroom 5, Bedroom 6, Bedroom 9, Bathroom 14, Bedroom 10, Bathroom 6, Bathroom 9, Bedroom 7, Bathroom 3, Bedroom 17, Bathroom 7, Bathroom 1, Bedroom 12, Bathroom 8, Bedroom 2, Bedroom 15, Bathroom 12, Bedroom 3, Bathroom 4, Bedroom 13, Bedroom 4, Bedroom 1, Bathroom 13
Appliances Separate Water Heaters
Elementary school Kennedy 321EL
Middle school Madison 321JH
High school Madison 321HS
Directions South on 5th west to address
Standard status Active
APN RPR6N40E313600
Size 9,000 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description Attached
Tax Annual Amount 11072
Legal Description Attached

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air, Electric (Heating), Ceiling
Water source Well

Building Details

Year built 1970
Number of units 13
Building materials Frame, Brick, Metal Siding
Roof type Composition
Listing Agency: The Real Estate Office
Listed By: Todd Smith · License #23410
Added: Jul 22 Changed: Sep 2 Last Checked: Sep 6 at 4:06AM
MLS# 2187923

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 apartment building portfolio includes four separate buildings on one parcel. The mix features an older 6-plex and duplex, along with a 4-bedroom house and a townhouse-style 4-plex. Interior unit counts are reflected in the bedroom and bathroom room listings provided, supporting a range of tenant layouts within the overall property mix.

The property is built on 0.83 acres with an overall property size of 9,000 square feet and a stated year built of 1970. Construction materials include frame, brick, and metal siding, with a composition roof. Heating is provided via electric (heating), forced air, natural gas, and ceiling systems. Water service is supplied by well, and sewer is via public sewer, with separate water heaters included.

This configuration can suit buyers seeking a multi-building residential income asset with multiple distinct building types under one ownership parcel.

Key Highlights

  • Four separate buildings on one parcel: older 6‑plex and duplex plus a 4‑bedroom house and townhouse‑style 4‑plex
  • 0.83‑acre property with 9,000 square feet
  • Year built 1970

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Dental Office Plumbing Service Hair Salon Big Box & Wholesale Store Kitchen & Bath Showroom

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

13
Residential units

Location Intelligence

Trade Area within ½ mile

237
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four separate buildings on one parcel featuring an older 6-plex and duplex plus a 4-bedroom house and townhouse-style 4-plex.
Where is this multifamily property located?
The property is located at 883 S 5th W Rexburg, ID.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Four separate buildings on one parcel: older 6‑plex and duplex plus a 4‑bedroom house and townhouse‑style 4‑plex; 0.83‑acre property with 9,000 square feet; Year built 1970
More about this property
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