Institutional Property Advisors is pleased to present the Rexburg Housing Portfolio, an eight-property student housing portfolio strategically located in Rexburg, Idaho. Ideally positioned near Brigham Young UniversityIdaho, the portfolio benefits from convenient access to campus and a well-established student housing market driven by one of the region's largest private universities. Offering exceptional investment flexibility, the properties may be acquired collectively as a portfolio or individually, allowing investors to pursue a tailored acquisition strategy based on their investment objectives. Supported by a large and growing student population, Rexburg continues to provide a durable demand base for well-located off-campus housing. The portfolio's desirable locations, established operations, and proximity to BYU-Idaho position the assets to benefit from consistent student demand. With the opportunity to acquire individual properties or the entire eight-property portfolio, the offering presents a compelling opportunity to invest in a university-driven market with strong underlying housing fundamentals. Attractive Going-In Yield: Day-one yield that outpaces comparable multifamily offerings in the region. Walk-to-Campus Locations: Each property is ideally positioned within walking distance of campus, offering students convenient access to the university and on campus amenities. Growing Student Population: BYU-Idaho enrolls more than 23,700 campus-based students, representing 5% year-over-year growth and supporting continued demand for student housing in Rexburg. Proven Occupancy: The portfolio maintains approximately 98% occupancy, demonstrating strong and consistent demand for well-located student housing.
For sale
$8,100,000
487 S 3 W, Rexburg, ID 83440
146beds
52baths
39,858sqft
Multi Family
Built in 1997
-- sqft lot
$7,420,100 Zestimate®
$203/sqft
$-- HOA
What's special
- 12 days
- 103
- 6
Zillow last checked:
Listing updated:
Listed by:
Evan Clark 303-328-2050,
Marcus & Millichap Real Estate Investment Services, INC
Source: UtahRealEstate.com,MLS#: 2192524
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 146
- Bathrooms: 52
Features
- Has fireplace: No
Interior area
- Total structure area: 39,858
- Total interior livable area: 39,858 sqft
Property
Features
- Levels: Two
Lot
- Size: 1.75 Acres
Details
- Parcel number: RPR000P0124060
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Blt./Standing
- New construction: No
- Year built: 1997
Community & HOA
Community
- Subdivision: Parker Addition To Rexburg
HOA
- Has HOA: No
Location
- Region: Rexburg
Financial & listing details
- Price per square foot: $203/sqft
- Annual tax amount: $46,858
- Date on market: 9/3/2026
- Acres allowed for irrigation: 0
Estimated market value
$7,420,100
$6.83M - $7.87M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Listed for sale | $8,100,000$203/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83440
Nearby schools
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

