For sale

$3,950,000

35 W 2 N, Rexburg, ID 83440

2beds

21,700sqft

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$182/sqft

$-- HOA

What's special

Ample off-street parkingOn-site laundry facilities

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.

11 days

154

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas, Forced Air, Separate Heat

Cooling

Wall/Window Unit(s)

Appliances

Included: Dishwasher, Refrigerator, Oven, Separate Water Heaters
Laundry: Coin Operated Laundry

Features

Basement: None

Interior area

Total structure area: 21,700
Total interior livable area: 21,700 sqft
Finished area above ground: 21,700
Finished area below ground: 0

Property

Parking

Total spaces: 124
Parking features: Off Street
Garage spaces: 62

Features

Exterior features: Lighting
Has view: Yes
View description: None

Lot

Size: 1.03 Acres
Features: Level, Interstate Exit/Access, Near Golf Course, Near Green Belt, Near Park, Near Schools, Near University/College, Established Lawn, Sprinkler-Auto, Sprinkler System-Full

Details

Parcel number: RPRRXB10230020
Zoning description: General Zoning: Mc-High Density,Specific Zoning: Rexburg-High Density Resid 1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Primary Exterior Material: Vinyl Siding, Primary Exterior Material: Brick
Foundation: Slab
Roof: Architectural

Condition

Existing
New construction: No

Utilities & green energy

Electric: Rocky Mountain Power, Separate Power Meters
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Rexburg Townsite-Mad

HOA

Has HOA: No

Location

Region: Rexburg

Financial & listing details

Price per square foot: $182/sqft
Annual tax amount: $30,414
Date on market: 6/24/2026
Listing terms: Cash,Conventional
Inclusions: Fridge, Dishwasher, Stove. Coin Op Laundry Machines
Exclusions: Tenant's Personal Items, Items In Office Area And Storage Room.
Tenant pays: Cable TV, Gas, Electricity

Estimated market value

Not available

Estimated sales range

Not available

$1,211/mo

Price history

Date	Event	Price
6/24/2026	Listed for sale	$3,950,000-9.7%$182/sqft
Source: PCTMLS #580600 Report a problem
5/5/2026	Listing removed	$4,375,000$202/sqft
Source: PCTMLS #580600 Report a problem
9/19/2025	Listed for sale	$4,375,000$202/sqft
Source: PCTMLS #580600 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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