$4,375,000

35 W 2nd N Rexburg, ID 83440

Estimated payment $25,298/month

Total Views 10,381
8 Beds
4 Baths
2,800 Sq Ft
$1,562 Price per Sq Ft

Highlights

  • Lawn
  • No HOA
  • Coin Laundry
  • Madison Senior High School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

Introducing College Park Apartments, a 31-unit multi-family complex ideally located In Rexburg, Idaho. 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.

Listing Agent

Jared Keller

Axiom Properties Listed on: 09/19/2025

Co-Listing Agent

Abra Kirby

Axiom Properties License #SP45982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,414

Lot Details

  • 1.09 Acre Lot
  • Level Lot
  • Sprinkler System
  • Lawn

Parking

  • Driveway

Home Design

  • 2,800 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Kennedy Elementary School
  • Madison Middle School
  • Madison High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • 31 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,414

Lot Details

1.09 Acres

Listing Details

  • OFFICELIST_ADDRESS: 35 W 2nd. N.
  • New Construction: Existing
  • Domestic Water: City/Public Water
  • EXTERIORACCENT: Vinyl
  • FixerUpperYN: No
  • Geo Address Line: 35 W 2nd N
  • Geo Longitude: -111.785019457672
  • Geo Primary City: Rexburg
  • Geo Quality: 1
  • Geo Subdivision: ID
  • Geo Zoom Level: 18
  • HOA Fees: No
  • Listing Office2: 382
  • PrimaryHeatSource: Gas
  • OFFICELIST_STATE: ID
  • Style Design: Separate Buildings, Units Over and Under
  • Topography Setting: Flat
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Amenities: Coin Op Laundry
  • Foreclosure: No
  • Entry Location: Near Park
  • Basement Type: 11 or More Units

Exterior Features

  • Exterior Construction: Frame
  • Exterior Finish: Vinyl
  • Fence: None
  • Foundation: Concrete
  • Number of Acres: 1.09
  • Total Sq Ft: 2800

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: None
  • Numberof Garage Stalls: 0

Utilities

  • Air Conditioner: Window/Wall Freon
  • Primary Heat Type: Forced Air
  • Sewer Type: City Sewer
  • Utilities: Sep. Power Meters, Separate Heat, Sep. Water Heaters

Condo/Co-op/Association

  • Units in Building: 31

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 30414.

Schools

  • Elementary School: Kennedy
  • High School: Madison
  • Middle School: Madison

Green Features

  • Green Landscaping: Sprinkler-Auto, Sprinkler System-Full, Established Lawn

Multi Family

  • Total Bedrooms: 8
  • Total Full Baths: 4

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,951 $2,889,320 $271,250 $2,618,070
2024 $30,414 $2,889,320 $271,250 $2,618,070
2023 $30,414 $2,076,140 $217,000 $1,859,140
2022 $26,595 $2,076,140 $217,000 $1,859,140
2021 $31,262 $2,076,140 $217,000 $1,859,140
2020 $29,602 $2,076,140 $217,000 $1,859,140
2019 $31,051 $1,819,990 $118,160 $1,701,830
2018 $31,121 $1,819,990 $118,160 $1,701,830
2017 $31,966 $1,819,990 $118,160 $1,701,830
2016 $31,094 $1,819,990 $118,160 $1,701,830
2015 $31,225 $1,819,990 $0 $0
2013 -- $1,679,910 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 For Sale $4,375,000 -- $1,563 / Sq Ft
Source: Greater Pocatello Association of REALTORS®

Source: Greater Pocatello Association of REALTORS®

MLS Number: 580600

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