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75 S 3rd E Rexburg

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$699,000

75 S 3rd E, Rexburg ID 83440

MLS# 2186015

Listing courtesy of Joshua Thatcher, Real Estate Two70

7

Beds

4

Baths

4,010

Sqft

0.4

Acres

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.

Property Overview

Status

Active

Property Type

Residential Income

Year Built

1960

Construction & Exterior

Construction Materials

Block, Brick

Roof

Architectural

Garage Spaces

2

Basement

Daylight, Egress Windows, Exterior Entry, Finished, Full

Utilities & Systems

Heating

Natural Gas, Separate Heat, Fireplace(s)

Cooling

Central Air

Water Source

Public

Sewer

Public Sewer

Financials & HOA

Taxes

$3,060.00 (2026 Tax Year)

Association Fee

$0.00 N/A

Location & Legal Details

Subdivision Name: Rigby Subdivision
County: Madison
Legal Description: See Exhibit 01
Parcel Number: RPR000R0025000

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© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Real Estate Two70.