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10 College Avenue Rexburg

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$825,000

10 College Avenue, Rexburg ID 83440

MLS# 2190195

Listing courtesy of Steven Phaysounlaphong, Silvercreek Realty Group

6

Baths

0.08

Acres

Fully leased downtown Rexburg mixed-use investment property generating approximately $60,000 in annualized gross income under current leases, per seller, with potential for future rent growth as leases allow. Features three commercial storefronts and four upstairs one-bedroom, one-bath apartments near BYU-Idaho, shopping, dining, and downtown amenities. Apartments vary in size and layout, with vaulted ceilings in most units. Select apartments have been recently repainted and remodeled. Shared coin-operated washer and dryer provide convenience and supplemental income. Roofing work completed approximately 3-4 years ago, per seller. Additional basement space offers storage options. Seller reports a consistent rental history throughout several years of ownership. Rent roll and financial information available upon request. Please do not disturb tenants; showings by appointment. Some photos are Ai to declutter some of the rooms.

Property Overview

Status

Active

Property Type

Commercial Sale

Year Built

1920

Construction & Exterior

Construction Materials

Block, Frame, Block, Brick, Stone, Wood Siding

Roof

Membrane, Wood

Garage Spaces

Basement

Finished, Partial, Partially Finished

Utilities & Systems

Heating

Electric, Natural Gas

Cooling

Central Air, Wall/Window Unit(s)

Water Source

Shared Well, Other

Sewer

Public Sewer

Financials & HOA

Taxes

$4,002.30 (2026 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: None
County: Madison
Legal Description: Rexburg Tax 4719 LOT 2 BLK 38
Parcel Number: RPRRXB10380860

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© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Silvercreek Realty Group.