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Mixed-Use Property with Apartments

10 College Avenue, Rexburg, ID 83440

For Sale
New
$825,000

Commercial Sale, Rexburg, ID

Property Size8,820 SF
Lot Size0.08 Acres
Price / SF$93.54
Days on Market1

Property Features for 10 College Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Zoning: Res-Multi-Family, Specific Zoning: Rexburg - City Center Transect
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Bathroom 6, Bathroom 5, Basement, Bathroom 1, Bathroom 3, Bathroom 2
Parking features Parking Lot, On Street, Off Street
Basement Finished, Partial, Partially Finished
Lot features High Traffic, Near University/ College, Concrete Curbing
Directions Exit Rexburg, head east on Main Street, turn right on college ave next to Junes Coffee Shop.
Standard status Active
APN RPRRXB10380860
Size 8,820 SF
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2026
Tax Description Rexburg Tax 4719 LOT 2 BLK 38
Tax Annual Amount 4002
Legal Description Rexburg Tax 4719 LOT 2 BLK 38

Utilities

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

Amenities

shared coin-operated washer and dryer
basement storage

Building Details

Year built 1920
Floors in Building 2
Building materials Block, Frame, Block, Brick, Stone, Wood Siding
Roof type Wood, Membrane
Buildings 1
Listing Agency: Silvercreek Realty Group
Listed By: Steven Phaysounlaphong
Added: Nov 14 Last Checked: Nov 14 at 1:06AM
MLS# 2190195

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.

Rey
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Investment Insights

Based on property information with market context.

At 10 College Avenue, this 8,820-square-foot mixed-use building contains three commercial storefronts and four upstairs apartments, each with one bedroom and one bathroom. Apartment layouts and sizes differ; most feature vaulted ceilings. Some units have received recent paint and remodeling, and basement space offers storage. The building dates to 1920, with roofing work completed approximately 3–4 years ago, per the seller.

The property is in downtown Rexburg near BYU-Idaho, shopping, dining, and other downtown amenities. It is fully leased. A shared coin-operated washer and dryer serves the apartments and provides supplemental income.

Key Highlights

  • Three commercial storefronts and four upstairs one‑bedroom, one‑bath apartments
  • 8,820 square feet on a 0.08‑acre parcel
  • Downtown Rexburg location near BYU‑Idaho, shopping, and dining

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Carpet & Flooring Store Home Appliance 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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,613
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased, the building has commercial space below and residential units above.
Where is this mixed-use property located?
The property is located at 10 College Avenue Rexburg, ID.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three commercial storefronts and four upstairs one‑bedroom, one‑bath apartments; 8,820 square feet on a 0.08‑acre parcel; Downtown Rexburg location near BYU‑Idaho, shopping, and dining
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