1.25 of Prime HDR2 land for sale just s few blocks from BYUI. Zoning allows 52 units on property. Amenities include water, sewer gas, power, phone, cable and optix internet. Existing rental properties on site now. Easy access to US 20. The income and possibilities are amazing. This is one of the largest lots available in this close to the university. Great location for a new project.
For sale
$1,750,000
509 S 5 W, Rexburg, ID 83440
15beds
8,000sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
- 1348 days
- 132
- 2
Zillow last checked:
Listing updated:
Listed by:
Todd Smith 208-313-5035,
The Real Estate Office
Source: SRMLS,MLS#: 2152151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Natural Gas
Cooling
- None
Features
- Basement: Full,Other,See Remarks
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
- Finished area above ground: 7,000
- Finished area below ground: 1,000
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Lot
- Size: 1.25 Acres
Details
- Parcel number: RPR4KLA006002A
- Zoning description: General Zoning: Rx High Density Re,Specific Zoning: Rexburg-High Density Resid 2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Primary Exterior Material: Metal Siding
- Foundation: Concrete Perimeter
- Roof: Architectural,Metal
Condition
- Year built: 1950
Utilities & green energy
- Electric: Rocky Mountain Power, Separate Power Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Rexburg
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $311,688
- Annual tax amount: $8,016
- Date on market: 1/13/2023
- Listing terms: Cash,Conventional
- Inclusions: To Be Arranged
- Exclusions: To Be Arranged.
- Tenant pays: Cable TV, Gas, Electricity
Estimated market value
Not available
Estimated sales range
Not available
$1,059/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2023 | Listed for sale | $1,750,000-12.5%$219/sqft |
Source:  SRMLS #2152151 Report a problem | ||
| 8/1/2023 | Listing removed | $2,000,000$250/sqft |
Source: SRMLS #2152152 Report a problem | ||
| 1/13/2023 | Listed for sale | $2,000,000$250/sqft |
Source: SRMLS #2152151 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,801 -2.4% | $311,688 +1.6% |
| 2024 | $1,844 +0.9% | $306,688 +3.7% |
| 2023 | $1,829 | $295,780 +14.3% |
| 2022 | -- | $258,835 +15% |
| 2021 | $1,652 +27% | $225,039 +20.1% |
| 2020 | $1,301 +3.4% | $187,446 +23.9% |
| 2019 | $1,259 -1.9% | $151,333 +8.4% |
| 2018 | $1,284 +6.9% | $139,587 +1.7% |
| 2017 | $1,201 | $137,238 +2.6% |
| 2016 | $1,201 +5.5% | $133,714 |
| 2015 | $1,139 | $133,714 -10.1% |
| 2013 | $1,139 | $148,816 +100% |
| 2012 | -- | $74,408 -1.8% |
| 2011 | -- | $75,750 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83440
Nearby schools
Schools provided by the listing agent
- Elementary: KENNEDY 321EL
- Middle: MADISON 321JH
- High: MADISON 321HS
Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
