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318 S 3 W, Rexburg, ID, 83440

4beds
2baths
1,456sqft
$415,000
$285price/sqft
$2,542/moest. monthly cost
$101,680/yrincome needed

About This Home

Located just two blocks from Brigham Young University–Idaho and one block from Porter Park, 318 S 3rd W in Rexburg offers an exceptional investment opportunity in a high-demand rental area. This duplex features two 2-bedroom, 1-bath units—both currently occupied—making it a true turnkey property. Each unit offers separate metering, entrances, and water heaters, providing convenience and independence for tenants. Recent 2024 upgrades include solar panels for improved energy efficiency, a new roof for long-term durability, updated windows for better insulation, and new heating and cooling units to ensure year-round comfort. Inside, you'll find fresh paint, several new windows, original hardwood floors in two upstairs bedrooms, and new flooring in the basement unit. All appliances—including washers and dryers—are included, making this an easy-to-manage, easy-to-rent property in a prime Rexburg location.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

8/10
--
10/10
Madison Senior High SchoolGrades 10-121.8 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1976

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Primary Exterior Material: Lap Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dryer,Microwave,Refrigerator,Oven,Washer,Dishwasher,Stove,Separate Water Heaters
  • Laundry features: Laundry Included,Laundry Hookups

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Newly Renovated
  • Flooring: Hardwood
  • Fireplace: Yes
  • Finished area below ground: 728
  • Finished area above ground: 728

Heating & Cooling

  • Heating features: Electric,Baseboard,Fireplace,Separate Heat
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,456
  • Total interior livable area: 1,456 sqft

Property

Details

  • Parcel number: RPR00SE0110970
  • Zoning description: General Zoning: Res-Multi-Family,Specific Zoning: Rexburg-Medium Density Resid 1
  • Exclusions: Seller & Tenant's Personal Property.

Lot

  • Lot size: 7,535 sqft

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Attached garage spaces: 1
  • Covered spaces: 1