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Four-Unit Multifamily Property with Garage

236 N 3rd E, Rexburg, ID 83440

For Sale
$624,900

Four distinct apartment layouts include a three-bedroom residence and three one-bedroom units.

Property Size4,377 SF
Price / SF$142.77
Days on Market18

Property Features for 236 N 3rd E

General Information

Standard status Active
Size 4,377 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 1BR/1BA, 1 x oversized 1BR/1BA, 1 x 1BR/1BA + bonus room
Multifamily Units 4

Building Details

Year Built 1977
Listing Agency: Edge Real Estate
Listed By: Hebdon Real Estate Team
Source: Idahohomerealty
Added: Oct 21 Changed: Nov 3 Last Checked: Nov 6 at 9:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edge Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 4,377-square-foot multifamily property contains four units, with a detached two-car garage. The layouts include one three-bedroom, one-and-a-half-bath residence; two one-bedroom, one-bath units; and a larger one-bedroom, one-bath unit. A separate bonus room in one apartment does not have a window and is non-conforming. One of the one-bedroom apartments has potential to add a second bedroom. The building dates to 1977, and upgrades have been completed.

Located at 236 N 3rd E in Rexburg, Idaho, the property has no HOA. A separate lot behind the building has approval for four townhomes and may be purchased separately.

Key Highlights

  • Four units with a mix of one- and three‑bedroom layouts
  • 4,377 square feet; built in 1977
  • Detached two‑car garage

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,444
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
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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?
Quadplex - Four distinct apartment layouts include a three-bedroom residence and three one-bedroom units.
Where is this quadplex located?
The property is located at 236 N 3rd E Rexburg, ID.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Four units with a mix of one- and three‑bedroom layouts; 4,377 square feet; built in 1977; Detached two‑car garage
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