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883 S 5th W 13 Unit Apartment Building $1,850,000 ($142,308/Unit) Rexburg, ID 83440
Executive Summary
Don't miss this rare chance to own a high-performing multi-family property in one of Rexburg's most desirable rental locations. Situated on a spacious 0.83-acre lot, this unique investment includes four separate buildings on a single parcel, offering exceptional income potential and long-term value.
The property features an older 6-plex, duplex, 4-bedroom single-family home, and townhouse-style 4-plex, totaling 17 bedrooms, 14 bathrooms, and approximately 9,000 square feet. With a proven rental history and over $10,000 in monthly rental income, this is a turnkey opportunity for both seasoned investors and those looking to expand their portfolio.
Located just minutes from shopping, dining, schools, and BYU-Idaho, this property benefits from consistent tenant demand in one of Eastern Idaho's strongest rental markets. Whether you?re seeking dependable cash flow, future appreciation, or redevelopment potential, this property checks all the boxes.
The property features an older 6-plex, duplex, 4-bedroom single-family home, and townhouse-style 4-plex, totaling 17 bedrooms, 14 bathrooms, and approximately 9,000 square feet. With a proven rental history and over $10,000 in monthly rental income, this is a turnkey opportunity for both seasoned investors and those looking to expand their portfolio.
Located just minutes from shopping, dining, schools, and BYU-Idaho, this property benefits from consistent tenant demand in one of Eastern Idaho's strongest rental markets. Whether you?re seeking dependable cash flow, future appreciation, or redevelopment potential, this property checks all the boxes.
Property Facts
| Price | $1,850,000 | Apartment Style | Garden |
| Price Per Unit | $142,308 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.83 AC |
| No. Units | 13 | Building Size | 9,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Zoning | MDR1 - MEDIUM DENSITY | ||
| Price | $1,850,000 |
| Price Per Unit | $142,308 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.83 AC |
| Building Size | 9,000 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | MDR1 - MEDIUM DENSITY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 1+2 | 1 | - | - |
| 2+1 | 4 | - | - |
| 4+2 | 1 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
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883 S 5th W