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For sale
    • $1,750,000

    509 S 5 W, Rexburg, ID 83440

    15beds
    8,000sqft
    : 
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    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $219/sqft
    $-- HOA

    What's special

    1.25 of Prime HDR1 land for sale just s few blocks from BYUI. Sellers are working with city to change zoning to allow 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.
    1275 days
    |
    183
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Smith 208-313-5035,

    The Real Estate Office

    Source: SRMLS,MLS#: 2152151MLS Logo

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      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 1

      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

        $1,095/mo

        Price history

        DateEventPrice
        8/9/2023Listed for sale$1,750,000-12.5%$219/sqft
        Source: SRMLS #2152151 Report a problem
        8/1/2023Listing removed$2,000,000$250/sqft
        Source: SRMLS #2152152 Report a problem
        1/13/2023Listed for sale$2,000,000$250/sqft
        Source: SRMLS #2152151 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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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        Climate risks

        Neighborhood: 83440

        Getting around

        49 / 100
        Car-Dependent
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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