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Jenn Smart

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332 S 4th W , Rexburg, ID 83440
$8,690,000
Est. Payment: $19,311.11/mo
78 Bed
60 Bath
31650 Sqft
1.7 Acres
Status: active | Days on site: 22
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House 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.

Highlights

Listed by Ryan Lerwill , 208-529-8888 and Jeff Lerwill , 208-351-7300 Keller Williams Realty East Idaho , 208-529-8888. Snake River Multiple Listing Service

Property Type

Multi-Family

Lot/Acreage
1.7

Year Built

2013

County

Madison

Neighborhood

Klingler-Mad

Listing ID

2189803

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:78
  • ▪ Bathrooms:60
  • ▪ Full Bathrooms:60
Appliances:Common Water Heaters, Dishwasher, Refrigerator, Oven, Stove
Air Cond:Wall/Window Unit(s)
Fireplaces:
Above Ground Sq Ft:31650
Water:Public

Exterior Features

Lot:High Traffic,Near Mall/Shop,Near Park,Near Schools,Near University/College,Established Lawn,Level
Garage Capacity:99
Zoning:General Zoning: Rx-Hgh Den Resi 2,Specific Zoning: Rexburg-High Density Resid 2
Roof:Composition
Others:
  • ▪ Additional:Lighting
Sewer:Public Sewer
Parking Features:Off Street
Principal Interest
$19,311
Taxes
$4,337

Home Price

$8,690,000

Loan Details

30 yrs
0%

Down Payment

20%
$1,738,000
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Monthly Price:
$19,311.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,311.11 $4,337.33 $0.00 $23,648.44
Yearly $231,733.33 $52,048.00 $0.00 $283,781.33
Total $6,952,000.00 $1,561,440.00 $0.00 $8,513,440.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Rexburg, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Snake River Multiple Listing Service and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-15T01:06:16.000Z

© 2026 Snake River Multiple Listing Service