35 W 2 N, Rexburg, ID, 83440
About This Home
Introducing College Park Apartments, a 31-unit multi-family complex ideally located In Rexburg, ID. This well-maintained property consists of thirty one 2 bedroom 1 bathroom apartments. The complex features ample off-street parking and on-site laundry facilities. Tenants enjoy walkable access to parks, downtown amenities, restaurants, and public transportation. With historically high occupancy rates and stable cash flow, this is a rare turnkey asset in one of Idaho's strongest rental markets. Whether you're looking to expand your portfolio or secure a high-performing asset in a growing college town, College Park Apartments is a premier investment opportunity. Buyer and buyers agent to verify all information.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Property condition: Existing
Materials
- Foundation: Slab
- Roof: Architectural
- Construction materials: Primary Exterior Material: Vinyl Siding,Primary Exterior Material: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Oven,Separate Water Heaters
- Laundry features: Coin Operated Laundry
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 21,700
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Separate Heat
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 21,700
- Total interior livable area: 21,700 sqft
Property
Details
- Parcel number: RPRRXB10230020
- Zoning description: General Zoning: Mc-High Density,Specific Zoning: Rexburg-High Density Resid 1
- Exclusions: Tenant's Personal Items,Items In Office Area And Storage Room.
Features
- Exterior features: Lighting
- Has view: Yes
- View description: None
Lot
- Lot size: 1.03 Acres
- Features: Level,Interstate Exit/Access,Near Golf Course,Near Green Belt,Near Park,Near Schools,Near University/College,Established Lawn,Sprinkler-Auto,Sprinkler System-Full
Parking
- Total spaces: 124
- Parking features: Off Street
- Attached garage spaces: 62
- Covered spaces: 62
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
- Earthquake
- Heat Wave
- Inland Flooding
- Winter Weather
- Hail
- 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 | $19,973 | $239,676 |
| Home Insurance | $1,298 | $15,576 |
| Property Taxes | $1,777 | $21,324 |
| Electricity | $1,326 | $15,920 |
| Total | $24,374 | $292,488 |
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 |
|---|---|---|
| 2026-06-24 | Listed for sale | $3,950,000 |
| 2026-05-05 | Listing removed | $4,375,000 |
| 2025-09-19 | Listed for sale | $4,375,000 |
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