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332 S 4th W Rexburg

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$8,690,000

332 S 4th W, Rexburg ID 83440

MLS# 2189803

Listing courtesy of Ryan Lerwill, Keller Williams Realty East Idaho

78

Beds

60

Baths

31,650

Sqft

1.7

Acres

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.

Property Overview

Status

Active

Property Type

Residential Income

Year Built

2013

Construction & Exterior

Construction Materials

Frame, Brick, Vinyl Siding

Roof

Composition

Garage Spaces

0

Basement

None

Utilities & Systems

Heating

Radiant, Common Heat

Cooling

Wall/Window Unit(s)

Water Source

Public

Sewer

Public Sewer

Financials & HOA

Taxes

$52,048.00 (2026 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: Klingler
County: Madison
Legal Description: See Attached Legal Exhibit A
Parcel Number: RPR00SE0120011

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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 Keller Williams Realty East Idaho.