Conventional Apartment
For Sale
Contact for pricing
474 W 5th S, Rexburg, ID 83440
Two apartment buildings totaling 14 conventional units offer resident and guest parking on-site.
Property SizeContact for details
Lot Size0.51 Acres
Days on Market123
Property Features for 474 W 5th S
General Information
Standard status
Active
Total Parking Spaces
28
Lot size
0.51 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
14
Listing Agency:
The Yellowstone Group Commercial Real Estate
Listed By:
Richard Bird · License #ID DB33659
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 12:23AM
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 The Yellowstone Group Commercial Real Estate
Investment Insights
Based on property information with market context.
The Avenues Apartments presents two separate apartment buildings on two parcels, offering 14 units of conventional married housing. The property includes free parking for residents and guests, with two parking spaces per unit.
The community is located in Rexburg, Idaho, within walking distance to the BYU-Idaho Campus. Additional nearby amenities include city schools, Broulim’s Fresh Foods, shopping, and restaurants.
The Avenues is not restricted by BYU Housing, and the current rents are described as below-market with a history of high occupancy. The property is positioned for rent increases to strengthen cash flow.
The community is located in Rexburg, Idaho, within walking distance to the BYU-Idaho Campus. Additional nearby amenities include city schools, Broulim’s Fresh Foods, shopping, and restaurants.
The Avenues is not restricted by BYU Housing, and the current rents are described as below-market with a history of high occupancy. The property is positioned for rent increases to strengthen cash flow.
Key Highlights
- Two separate apartment buildings on two separate parcels with 14 conventional married housing units
- 0.512‑acre property with on‑site resident and guest free parking (2 parking spaces per unit)
- Not restricted by BYU Housing because it does not lease to single BYU students
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two apartment buildings totaling 14 conventional units offer resident and guest parking on-site.
Where is this apartment building located?
The property is located at 474 W 5th S Rexburg, ID.
What are key features of this property?
This property features: Two separate apartment buildings on two separate parcels with 14 conventional married housing units; 0.512‑acre property with on‑site resident and guest free parking (2 parking spaces per unit); Not restricted by BYU Housing because it does not lease to single BYU students
