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.
For sale
Price cut: $16K (7/15)
$399,000
318 S 3 W, Rexburg, ID 83440
4beds
1,456sqft
Duplex
Built in 1976
-- sqft lot
$394,700 Zestimate®
$274/sqft
$-- HOA
What's special
Fresh paint
- 176 days
- 529
- 32
Zillow last checked:
Listing updated:
Listed by:
The Nelson Group 208-227-5346,
Keller Williams Realty East Idaho,
Geoffrey Glissmeyer 208-607-9210,
Keller Williams Realty East Idaho
Source: SRMLS,MLS#: 2182396
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: $274/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.
- Exclusions: Seller & Tenant's Personal Property.
- Tenant pays: Electricity
Estimated market value
$394,700
$375,000 - $414,000
$739/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $399,000-3.9%$274/sqft |
Source:  SRMLS #2182396 Report a problem | ||
| 3/4/2026 | Listed for sale | $415,000+6.7%$285/sqft |
Source: SRMLS #2182396 Report a problem | ||
| 2/26/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/15/2025 | Listed for sale | $389,000-6.3%$267/sqft |
Source: Owner Report a problem | ||
| 11/6/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/8/2024 | Price change | $415,000-1.2%$285/sqft |
Source: Owner Report a problem | ||
| 5/1/2024 | Listed for sale | $420,000+16.7%$288/sqft |
Source: Owner Report a problem | ||
| 1/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/21/2023 | Listed for rent | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2022 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/10/2022 | Pending sale | $360,000$247/sqft |
Source: Owner Report a problem | ||
| 8/22/2022 | Price change | $360,000-4%$247/sqft |
Source: Owner Report a problem | ||
| 8/16/2022 | Listed for sale | $375,000+29.3%$258/sqft |
Source: Owner Report a problem | ||
| 10/4/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/2/2021 | Price change | $290,000-12.1%$199/sqft |
Source: Owner Report a problem | ||
| 9/27/2021 | Listed for sale | $330,000+43.8%$227/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/7/2019 | Listing removed | $229,500$158/sqft |
Source: Owner Report a problem | ||
| 5/10/2019 | Pending sale | $229,500$158/sqft |
Source: Owner Report a problem | ||
| 5/7/2019 | Price change | $229,500-3.4%$158/sqft |
Source: Owner Report a problem | ||
| 4/29/2019 | Price change | $237,500-3.1%$163/sqft |
Source: Owner Report a problem | ||
| 4/20/2019 | Price change | $245,000-5.4%$168/sqft |
Source: Owner Report a problem | ||
| 4/18/2019 | Listed for sale | $259,000+37%$178/sqft |
Source: Owner Report a problem | ||
| 4/14/2018 | Listing removed | $189,000$130/sqft |
Source: Owner Report a problem | ||
| 4/13/2018 | Listed for sale | $189,000$130/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,743 -2.3% | $305,747 +1.7% |
| 2024 | $1,784 +5.2% | $300,747 +6.2% |
| 2023 | $1,695 | $283,317 +8.6% |
| 2022 | -- | $260,886 +22% |
| 2021 | $3,140 +49.4% | $213,840 +41.3% |
| 2020 | $2,101 -4.6% | $151,343 +14.3% |
| 2019 | $2,203 -1.1% | $132,404 +14.2% |
| 2018 | $2,228 +15.5% | $115,991 +4.5% |
| 2017 | $1,928 | $111,048 |
| 2016 | $1,928 +2.8% | $111,048 +4.9% |
| 2015 | $1,875 | $105,879 +0.9% |
| 2013 | $1,875 | $104,891 |
| 2012 | -- | $104,891 +96.1% |
| 2011 | -- | $53,485 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 83440
Nearby schools
Schools provided by the listing agent
- Elementary: KENNEDY 321EL
- Middle: MADISON 321JH
- High: MADISON 321HS
Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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