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236 W 3rd
Rexburg, ID 83440
MLS #2192525

$1,640,000

⬤ Available

72 Beds | 26 Baths | 0 Garage | 12,240 Sq Ft

Estimated Payment:  /month 
236 W 3rd
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> 4 Units for Sale

Institutional Property Advisors is pleased to present the Rexburg Housing Portfolio, an eight-property student housing portfolio strategically located in Rexburg, Idaho. Ideally positioned near Brigham Young UniversityIdaho, the portfolio benefits from convenient access to campus and a well-established student housing market driven by one of the region's largest private universities. Offering exceptional investment flexibility, the properties may be acquired collectively as a portfolio or individually, allowing investors to pursue a tailored acquisition strategy based on their investment objectives. Supported by a large and growing student population, Rexburg continues to provide a durable demand base for well-located off-campus housing. The portfolio's desirable locations, established operations, and proximity to BYU-Idaho position the assets to benefit from consistent student demand. With the opportunity to acquire individual properties or the entire eight-property portfolio, the offering presents a compelling opportunity to invest in a university-driven market with strong underlying housing fundamentals. Attractive Going-In Yield: Day-one yield that outpaces comparable multifamily offerings in the region. Walk-to-Campus Locations: Each property is ideally positioned within walking distance of campus, offering students convenient access to the university and on campus amenities. Growing Student Population: BYU-Idaho enrolls more than 23,700 campus-based students, representing 5% year-over-year growth and supporting continued demand for student housing in Rexburg. Proven Occupancy: The portfolio maintains approximately 98% occupancy, demonstrating strong and consistent demand for well-located student housing.

Price Insights
Current price
Price per sq ft
Price per finished sq ft
$1,640,000
$134 / square foot
$134 / finished sq ft

6 Days on the Market
Status: Available

Schools, Inclusions, & Exclusions


Inclusions are often re-negotiated during contract negotiation.
No items have been listed as excluded.

School District

Elementary: None/Other
Middle: None/Other
Senior: None/Other

*The listing agent did not provide any schools for this listing.

The Numbers
Interior :
Style :
Year built :
Lot acres :
Lot sq ft :
12,240 square feet
Style: 2 Story
1997
.74 acres
32,234 square feet

Home Features & Amenities

Private Showing

Anna Sears, Realtor<sup>®</sup>
For showing appointments, call Anna Sears, Realtor® to view the home at 236 W 3rd in Rexburg. Give Anna Sears, Realtor® a call at (801) 680-2662.
236 W 3rd was listed on Sep 2nd, 2026 by Marcus &amp; Millichap Real Estate Investment Services, INC, a real estate brokerage. 303-328-2050 is the contact info for the listing brokerage contact assigned for this listing.

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