35 W 2nd N, Rexburg, ID 83440
35 W 2nd N, Rexburg, ID 83440
35 W 2nd N, Rexburg, ID 83440
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$3,950,000
Est. payment /mo
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2 Beds
1 Bath
21,700 SqFt
Price Dropped by $425K

35 W 2nd N Rexburg, ID 83440

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 21,700 sqft

Price per Sqft $182

Subdivision Rexburg Townsite-Mad

MLS Listing ID 2179683

Bedrooms 2

Full Baths 1

Annual Tax Amount $30,414

Tax Year 2025

Lot Size 1.030 Acres

Acres 1.03

Property Sub-Type Multi Family

Property Description

Introducing College Park Apartments, a 31-unit multi-family complex ideally located In Rexburg, ID. This well-maintained property consists of thirty one 2 bedroom 1 bathroom apartments. The complex features ample off-street parking and on-site laundry facilities. Tenants enjoy walkable access to parks, downtown amenities, restaurants, and public transportation. With historically high occupancy rates and stable cash flow, this is a rare turnkey asset in one of Idaho's strongest rental markets. Whether you're looking to expand your portfolio or secure a high-performing asset in a growing college town, College Park Apartments is a premier investment opportunity. Buyer and buyers agent to verify all information.

Location

State ID

County Madison

Area 21700

Zoning General Zoning: Mc-High Density,Specific Zoning: Rexburg-High Density Resid 1

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Separate Heat

Cooling Wall/Window Unit(s)

Inclusions Fridge, Dishwasher, Stove. Coin Op Laundry Machines

Appliance Separate Water Heaters, Dishwasher, Refrigerator, Oven

Laundry Coin Operated Laundry

Exterior

Exterior Feature Lighting

Parking Features Off Street

Garage Spaces 124.0

Garage Description Off Street

View Y/N No

View None

Roof Type Architectural

Garage No

Private Pool No

Building

Lot Description Interstate Exit/Access, Near Golf Course, Near Green Belt, Near Park, Near Schools, Near University/College, Established Lawn, Sprinkler-Auto, Sprinkler System-Full, Level

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Kennedy 321El

Middle Schools Madison 321Jh

High Schools Madison 321Hs

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Axiom Properties & Development, Inc.
Nearby Locations

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Jeff Lenz

Jeff Lenz

Agent | License ID: SP5660

+1(208) 521-4856

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35 W 2nd N