About This Home

This 4-bedroom, 2-bathroom residential multi family at 318 S 3rd W in Rexburg, ID is listed for $399,000 ($274 per sqft). Built in 1976, the home offers 1,456 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1976
  • 0.17 acre lot
  • 1 parking spaces
  • Fireplace

Property Details

2 full
1-car garage
1976

Amenities

SolarFireplaceHardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

318 S 3rd W

Rexburg, ID 83440

Rexburg Townsite-Mad

Features & Amenities

Interior Features

Newly Renovated

Property Details

Flooring

Hardwood

Construction

Lap Siding

Parking

Off Street

Heating

BaseboardElectric (Heating)Fireplace(s)

Cooling

Central Air

Appliances

Separate Water HeatersDryerMicrowaveRefrigeratorOvenWasherDishwasherStove

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 318 S 3rd W is listed at $399,000 ($274/sqft). The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.17 acre lot, 1 parking spaces, Fireplace. Interior Features: Newly Renovated.

This property is listed by The Nelson Group.

TG

The Nelson Group

Agent at Keller Williams Realty East Idaho

Listed by Keller Williams Realty East Idaho · Broker phone: (208) 529-8888 · View on Broker Site · Broker website

MLS# 2182396· Source: Snake River Regional MLS· 4 days on PropertySimple

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

318 S 3rd W, Rexburg, ID 83440

Open this listing in: