$8,690,000
 $46,650 est/mo Sourced by Back At You

332 S 4th W,Rexburg, ID 83440

Rexburg, ID 83440

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Description

Positioned just 3 blocks from BYU-Idaho, At Home Apartments presents an opportunity to acquire a 60-unit multifamily asset in the established Rexburg rental market. Built in 2013, the property consists of three 3-story buildings on approximately 1.7 acres, offering an established rental operation with potential to enhance future performance. The community features 42 furnished one-bedroom, one-bathroom units and 18 two-bedroom, one-bathroom units, all with 12-month leases. Amenities include radiant hydronic floor heating, window air conditioning, private balconies and patios, covered breezeways, on-site laundry, bicycle storage, and 99 surface parking spaces. A central courtyard layout and convenient access to BYU-Idaho, downtown Rexburg, dining, shopping, and everyday services further support the property's rental appeal. With in-place rents below market medians, At Home Apartments offers investors potential for revenue growth through strategic rent adjustments as leases renew. Current occupancy, net operating income, & rental upside information are available upon request. Combining an established multifamily asset, a strong university-adjacent location, and identifiable value-add potential, the property warrants consideration for investors seeking to expand their portfolio.

Details

MLS #2189803
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2013
Days On Site12
Listing Provided ByKeller Williams Realty East Idaho | Ryan Lerwill

Features

Bed(s)78
Bath(s) 60 Total
SQ Feet31,650
Units60
ZoningGeneral Zoning: Rx-Hgh Den Resi
Acreage1.70

Taxes

Property52048

Area Information

StateID
CountyMadison
CityRexburg
Zip Code83440
Community NameKlingler Mad
School DistrictMadison 321HS
Elementary SchoolAdams 321EL
High SchoolMadison 321HS
Listing VS Median (in Klingler Mad)
Price:
$8,690,000
low | high
Med:
$650,000
100% of Average
sqft:
31,650
low | high
Med:
2,878
100% of Average
$ / sqft:
$275
low | high
Med:
$226
67.74231082031% of Average
On site:
12
low | high
Med:
39
30.769230769231% of Average
Sourced by Back At You

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Learn More About This Property

StateID
CountyMadison
CityRexburg
Zip Code83440
Community NameKlingler Mad
School DistrictMadison 321HS
Elementary SchoolAdams 321EL
High SchoolMadison 321HS
Listing VS Median (in Klingler Mad)
Price:
$8,690,000
low | high
Med:
$650,000
100% of Average
sqft:
31,650
low | high
Med:
2,878
100% of Average
$ / sqft:
$275
low | high
Med:
$226
67.74231082031% of Average
On site:
12
low | high
Med:
39
30.769230769231% of Average
Sourced by Back At You
Listing Updated: October 13, 2026 at 10:26:00 AM PDT