318 S 3 W, Rexburg, ID, 83440
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
Somewhat Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Madison County and Idaho
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance | $131 | $1,572 |
| Property Taxes | $161 | $1,932 |
| Electricity | $141 | $1,695 |
| Total | $2,450 | $29,400 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-04 | Listed for sale | $415,000 |
| 2025-02-26 | Listing removed | -- |
| 2025-02-15 | Listed for sale | $389,000 |
| 2024-11-06 | Listing removed | -- |
| 2024-08-08 | Price change | $415,000 |
| 2024-05-01 | Listed for sale | $420,000 |
| 2024-01-11 | Listing removed | -- |
| 2023-12-21 | Listed for rent | $1,000 |
| 2022-10-14 | Sold | -- |
| 2022-10-10 | Pending sale | $360,000 |
| 2022-08-22 | Price change | $360,000 |
| 2022-08-16 | Listed for sale | $375,000 |
| 2021-10-04 | Listing removed | -- |
| 2021-10-02 | Price change | $290,000 |
| 2021-09-27 | Listed for sale | $330,000 |
| 2021-03-24 | Listing removed | -- |
| 2019-08-07 | Listing removed | $229,500 |
| 2019-05-10 | Pending sale | $229,500 |
| 2019-05-07 | Price change | $229,500 |
| 2019-04-29 | Price change | $237,500 |
| 2019-04-20 | Price change | $245,000 |
| 2019-04-18 | Listed for sale | $259,000 |
| 2018-04-14 | Listing removed | $189,000 |
| 2018-04-13 | Listed for sale | $189,000 |
| 2015-01-04 | Listing removed | $159,500 |
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