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.
130 days
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389
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31
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Zillow last checked:
Listing updated:
Listed by:
The Nelson Group208-227-5346,
Keller Williams Realty East Idaho,
Geoffrey Glissmeyer208-607-9210,
Keller Williams Realty East Idaho
Source: SRMLS,MLS#: 2182396
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Heating
Electric, Baseboard, Fireplace, Separate Heat
Cooling
Central Air
Appliances
Included: Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove, Separate Water Heaters
Laundry: Laundry Included, Laundry Hookups
Features
Newly Renovated
Flooring: Hardwood
Basement: Finished
Has fireplace: Yes
Interior area
Total structure area: 1,456
Total interior livable area: 1,456 sqft
Finished area above ground: 728
Finished area below ground: 728
Property
Parking
Total spaces: 1
Parking features: Off Street
Garage spaces: 1
Lot
Size: 7,535 Square Feet
Details
Parcel number: RPR00SE0110970
Zoning description: General Zoning: Res-Multi-Family,Specific Zoning: Rexburg-Medium Density Resid 1
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Primary Exterior Material: Lap Siding
Foundation: Concrete Perimeter
Roof: Composition
Condition
Existing
New construction: No
Year built: 1976
Utilities & green energy
Electric: Rocky Mountain Power, Separate Power Meters
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Sidewalks
Subdivision: Rexburg Townsite-Mad
HOA
Has HOA: No
Location
Region: Rexburg
Financial & listing details
Price per square foot: $285/sqft
Tax assessed value: $305,747
Annual tax amount: $1,586
Date on market: 3/4/2026
Listing terms: Cash,Conventional
Inclusions: All Appliances In Both Units, Solar Panels And Related Equipment.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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