We're not messing around with this price drop! Owners are lining up rental contracts that will gross $5,000/month. Make an offer before the property becomes a permanent rental! Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades— tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it's a revived legacy coupled with an opportunity that simply cannot be matched.
For sale
$699,000
75 S 3 E, Rexburg, ID 83440
7beds
4,010sqft
Duplex
Built in 1960
-- sqft lot
$677,300 Zestimate®
$174/sqft
$-- HOA
What's special
Elegant craftsmanshipTankless water heatersBrand new upgradesHigh efficiency furnaces
- 163 days
- 275
- 14
Zillow last checked:
Listing updated:
Listed by:
Joshua Thatcher 208-604-8864,
Real Estate Two70
Source: SRMLS,MLS#: 2186015
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Fireplace(s), Separate Heat
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove, Separate Water Heaters
- Laundry: Laundry Hookups
Features
- Newly Renovated, Separate Storage
- Flooring: Hardwood
- Basement: Daylight,Egress Windows,Exterior Entry,Finished,Full
- Has fireplace: Yes
Interior area
- Total structure area: 4,010
- Total interior livable area: 4,010 sqft
- Finished area above ground: 2,005
- Finished area below ground: 2,005
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 0.4 Acres
- Features: Corner Lot, Established Lawn, Sprinkler-Auto
Details
- Parcel number: RPR000R0025000
- Zoning description: General Zoning: Rx Low Density Res,Specific Zoning: Rexburg-Low Density Res 3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block, Primary Exterior Material: Brick
- Foundation: Concrete Perimeter
- Roof: Architectural
Condition
- Year built: 1960
Utilities & green energy
- Electric: Rocky Mountain Power, Separate Power Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rigby Subdivision-Mad
HOA
- Has HOA: No
- Services included: None
Location
- Region: Rexburg
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $438,660
- Annual tax amount: $3,060
- Date on market: 5/2/2026
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Tenant pays: Gas, Electricity, Sewer, Water
Estimated market value
$677,300
$643,000 - $711,000
$3,044/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $699,000-5.4%$174/sqft |
Source:  SRMLS #2186014 Report a problem | ||
| 5/2/2026 | Listed for sale | $739,000$184/sqft |
Source: SRMLS #2186014 Report a problem | ||
| 5/1/2026 | Listing removed | $739,000$184/sqft |
Source: SRMLS #2182121 Report a problem | ||
| 4/2/2026 | Price change | $739,000-2%$184/sqft |
Source: SRMLS #2181890 Report a problem | ||
| 2/5/2026 | Listed for sale | $754,000+122.4%$188/sqft |
Source: SRMLS #2181890 Report a problem | ||
| 2/24/2025 | Listing removed | $339,000$85/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 2/24/2025 | Pending sale | $339,000$85/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 1/14/2025 | Listed for sale | $339,000$85/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 1/13/2025 | Pending sale | $339,000$85/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 12/17/2024 | Price change | $339,000-11.9%$85/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 10/22/2024 | Listed for sale | $385,000$96/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 7/21/2024 | Pending sale | $385,000$96/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 6/21/2024 | Listed for sale | $385,000$96/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 5/22/2024 | Pending sale | $385,000$96/sqft |
Source: SRMLS #2164864 Report a problem | ||
| 5/3/2024 | Listed for sale | $385,000$96/sqft |
Source: SRMLS #2164864 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,025 -3.5% | $438,660 +1.2% |
| 2024 | $3,133 +2.1% | $433,660 +5.4% |
| 2023 | $3,068 | $411,508 +7.9% |
| 2022 | -- | $381,319 +49.3% |
| 2021 | $1,916 +20.1% | $255,486 +18.9% |
| 2020 | $1,596 -7.5% | $214,944 +5.5% |
| 2019 | $1,725 -1.4% | $203,683 |
| 2018 | $1,750 +4.8% | $203,683 +6.1% |
| 2017 | $1,670 | $191,970 +3.8% |
| 2016 | $1,670 +6.7% | $184,943 -11.2% |
| 2015 | $1,565 | $208,187 +23.3% |
| 2013 | $1,565 | $168,842 +98.9% |
| 2012 | -- | $84,868 -2.2% |
| 2011 | -- | $86,767 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83440
Nearby schools
Schools provided by the listing agent
- Elementary: LINCOLN 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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