10 College Avenue, Rexburg ID 83440
MLS# 2190198
Listing courtesy of Steven Phaysounlaphong, Silvercreek Realty Group
Beds
Baths
Sqft
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
Active
Residential
1920
Construction & Exterior
Block, Brick, Stone, Wood Siding
Membrane
Finished, Unfinished, None
Utilities & Systems
Electric, Natural Gas
Central Air, Wall/Window Unit(s)
Public
Public Sewer
Financials & HOA
$4,002.30 (2026 Tax Year)
None