509 S 5 W, Rexburg, ID, 83440
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Concrete Perimeter
- Roof: Architectural,Metal
- Construction materials: Frame,Primary Exterior Material: Metal Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Other,See Remarks
Bedrooms & Bathrooms
- Bedrooms: 15
- Bathrooms: 9
- Full bathrooms: 9
Features
- Finished area below ground: 1,000
- Finished area above ground: 7,000
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
Property
Details
- Parcel number: RPR4KLA006002A
- Zoning description: General Zoning: Rx High Density Re,Specific Zoning: Rexburg-High Density Resid 1
- Exclusions: To Be Arranged.
Lot
- Lot size: 1.25 Acres
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Winter Weather
- Earthquake
- Heat Wave
- Hail
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Madison County and Idaho
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,848 | $106,176 |
| Home Insurance | $575 | $6,900 |
| Property Taxes | $839 | $10,068 |
| Electricity | $489 | $5,869 |
| Total | $10,751 | $129,012 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2023-08-09 | Listed for sale | $1,750,000 |
| 2023-08-01 | Listing removed | $2,000,000 |
| 2023-01-13 | Listed for sale | $2,000,000 |
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