883 S 5th W, Rexburg, ID 83440
- $1,850,000
- 17
- BD
- 14
- BA
- 9,000
- SqFt
- List Price
- $1,850,000
- MLS#
- 2187923
- Status
- ACTIVE
- Price Per Sqft
- $205
- Bedrooms
- 17
- Bathrooms
- 14
- Full-baths
- 14
- Sq. Ft
- 9,000
- Acres
- 0.83
- Year Built
- 1970
Property Description
Exceptional Investment Opportunity in the Heart of Rexburg! 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.
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Additional Information
- Taxes
- $11,072
- Roof
- Composition
- Cooling
- None
- Heating
- Electric, Natural Gas, Ceiling, Forced Air
- Water
- Well
- Sewer
- Public Sewer
- Elementary School
- Kennedy 321EL
- Middle School
- Madison 321JH
- High School
- Madison 321HS
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Listing courtesy of The Real Estate Office.