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75 S 3rd E

Rexburg, ID 83440
  • $739,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 2182121
Price Reduced
UPDATED: 30 min ago
$739,000
  • 7
    BEDS
  • 0.4
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,010
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Big Price Reduction! Neighbors say this home was once the finest in town. After a methodical remodel, it has reclaimed its rightful throne. Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand-new upgrades— tankless water heaters, high-efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, countertops, flooring, tile, paint— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it's a revived legacy coupled with an opportunity that simply cannot be matched.

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© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Townsend Realty Team are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-04-13T22:23:11.727.
www.townsendrealtyteam.com/homes/173206976
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75 S 3rd E Rexburg, ID 83440

  • Price: $739,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 30 min ago
  • MLS #: 2182121
7
Beds
4
Baths
0
½ Baths
0.4
Acres
4,010
SQFT
$184
$/SQFT
1960
Built
Neighborhood:
Rigby Subdivision-Mad
County:
Madison
Area:
Rexburg
Elementary School:
Lincoln 321El
Middle School:
Madison 321Jh
High School:
Madison 321Hs
Property Description
Big Price Reduction! Neighbors say this home was once the finest in town. After a methodical remodel, it has reclaimed its rightful throne. Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand-new upgrades— tankless water heaters, high-efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, countertops, flooring, tile, paint— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it's a revived legacy coupled with an opportunity that simply cannot be matched.
Exterior Features

Construction And Status Existing-Fully Updated Driveway Concrete Exterior Primary Brick Foundation Concrete Perimeter Garage Stalls 2.00 Landscaping Established LawnEstablished TreesSprinkler System-Full Location Near University/College Roof Architectural Style All Units in One Building Topography Setting Corner Lot

Interior Features

Air Conditioning Central Air Basement FinishedFull Heat Source And Type Natural GasForced Air Sq Ft Above Grade 2005 Sq Ft Below Grade 2005 Style1 Baths 2 Style1 Bedrooms 3 Style1 Features DishwasherFireplaceGarageHardwood FloorsLaundry HookupsMicrowaveNewly RenovatedRefrigeratorStove Style1 Sq Ft 2005 Style2 Baths 2 Style2 Bedrooms 4 Style2 Features DishwasherFireplaceGarageLaundry HookupsMicrowaveNewly RenovatedRefrigeratorStove Style2 Sq Ft 2005 Style3 Baths 0 Style3 Bedrooms 0 Style3 Sq Ft 0 Style4 Baths 0 Style4 Bedrooms 0 Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Sq Ft 0 Total Baths 4

Property Features

Covenants No Distressed Property Not Applicable Fixer Upper No Flood Plain N Handicap Access No Ho Exempt HO Exempt HOA No Owner Pays GasSewerWater Property Type Duplex Provider Other Info Rocky Mountain Power Sewer Public Sewer Short Term Rental YN Unknown Style1 Rent 2200 Style1 Units 1 Style2 Rent 2500 Style2 Units 1 Style3 Rent 0 Style3 Units 0 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Tax Year 2026 Taxes 3060.00 Tenant Pays InsuranceElectricityTrash Collection Terms CashConventional1031 ExchangeFHATradeVA Loan Utilities Separate Power MetersSeparate HeatSeparate Water Heaters Water Public Winter Access YN Yes Zoning General RES-MULTI-FAMILY Zoning Specific REXBURG-LOW DENSITY RES 3

Snake River Regional MLS logo Listing provided courtesy of Eagle Point Realty, LLC: 2083565777.
© 2026 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Townsend Realty Team are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2026-04-13T22:23:11.727.
 
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