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Four-Unit Multifamily Property
New
For Sale
$619,500

75 E 1st N, Rexburg, ID 83440

Four apartments include a mix of leased residences and a unit used for short-term stays.

Property Size4,655 SF
Price / SF$133.08
Days on Market3

Property Features for 75 E 1st N

General Information

Standard status Active
Size 4,655 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 2BR, 1 x studio, 1 x 1BR
Multifamily Units 4

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Furnished Yes

Building Details

Year Built 1941
Listing Agency: Real Estate Two70
Listed By: Sydney Mccleve · License #195_10019
Source: Coldwellbankertetonvalley
Added: Nov 3 Last Checked: Nov 3 at 2:49PM

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 Real Estate Two70

Rey
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Investment Insights

Based on property information with market context.

At 75 E 1st N in Rexburg, this 4,655-square-foot multifamily property was built in 1941 and contains four apartments. The largest is a 4-bedroom, 2-bath residence; the other units are a 2-bedroom apartment, a studio, and a 1-bedroom apartment. Updated lighting and flooring are present, and the interiors are furnished. The basement apartment has new carpet and additional kitchen cabinetry.

Apartment A operates as a short-term rental through Airbnb and VRBO. Apartments B, C, and D are occupied under leases. The property therefore has both short-term and leased apartment use in place.

Key Highlights

  • Four apartments: 4‑bedroom, 2‑bath; 2‑bedroom; studio; and 1‑bedroom
  • 4,655 square feet; built in 1941
  • Apartment A operates through Airbnb and VRBO; Apartments B, C, and D are leased

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,634
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?
Multifamily property - Four apartments include a mix of leased residences and a unit used for short-term stays.
Where is this multifamily property located?
The property is located at 75 E 1st N Rexburg, ID.
What is the asking price?
The asking price for this property is $619,500.
What are key features of this property?
This property features: Four apartments: 4‑bedroom, 2‑bath; 2‑bedroom; studio; and 1‑bedroom; 4,655 square feet; built in 1941; Apartment A operates through Airbnb and VRBO; Apartments B, C, and D are leased
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