Exceptional Investment Opportunity in the Heart of Rexburg! Don?t miss this rare chance to own a high-performing multi-family property in one of Rexburg?s most desirable rental locations. Situated on a spacious 0.83-acre lot, this unique investment includes four separate buildings on a single parcel, offering exceptional income potential and long-term value. The property features an older 6-plex, duplex, 4-bedroom single-family home, and townhouse-style 4-plex, totaling 17 bedrooms, 14 bathrooms, and approximately 9,000 square feet. With a proven rental history and over $10,000 in monthly rental income, this is a turnkey opportunity for both seasoned investors and those looking to expand their portfolio. Located just minutes from shopping, dining, schools, and BYU-Idaho, this property benefits from consistent tenant demand in one of Eastern Idaho?s strongest rental markets. Whether you?re seeking dependable cash flow, future appreciation, or redevelopment potential, this property checks all the boxes.
For sale
$1,850,000
883 S 5th W, Rexburg, ID 83440
17beds
9,000sqft
Multi Family
Built in 1970
-- sqft lot
$1,687,900 Zestimate®
$206/sqft
$-- HOA
What's special
- 59 days
- 167
- 8
Zillow last checked:
Listing updated:
Listed by:
Todd Smith 208-313-5035,
The Real Estate Office
Source: SRMLS,MLS#: 2187923
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 14
- Full bathrooms: 14
Heating
- Electric, Natural Gas, Ceiling, Forced Air
Cooling
- None
Appliances
- Included: Separate Water Heaters
Features
- Basement: See Remarks
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
- Finished area above ground: 7,800
- Finished area below ground: 1,200
Property
Lot
- Size: 0.83 Acres
Details
- Parcel number: RPR6N40E313600
- Zoning description: General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Primary Exterior Material: Brick, Primary Exterior Material: Metal Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Electric: Rocky Mountain Power, Separate Power Meters
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Rexburg
Financial & listing details
- Price per square foot: $206/sqft
- Annual tax amount: $11,072
- Date on market: 7/21/2026
- Listing terms: Cash,Conventional
- Inclusions: Stoves, Fridges, Washer And Dryers In Some Units
- Total actual rent: 118000
- Tenant pays: Gas, Electricity
Estimated market value
$1,687,900
$1.60M - $1.77M
$903/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $1,850,000$206/sqft |
Source:  SRMLS #2187923 Report a problem | ||
| 1/26/2020 | Listing removed | $625 |
Source: Zillow Rental Manager Report a problem | ||
| 12/26/2019 | Listed for rent | $625 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
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.
