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Homes for sale · Rexburg

Price improvedMLS 2186015

75 S 3rd E

Rexburg, ID 83440

Just improved

$699,000

Was $739,000

75 S 3rd E photo 11 / 31

Price improved

$699,000

Reduced $40,000 from $739,000

Listed from $739,000

Beds
7
Baths
4
Sqft
4,010
On market
74 days
Year
1960
Lot
0.40 ac
Type
Residential Income

Listed by Joshua Thatcher · Real Estate Two70

Schools

Elementary
Lincoln 321EL
Middle
Madison 321JH
High
Madison 321HS

Assigned schools from the MLS listing. Confirm boundaries with the district before you write.

About this home

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

Open virtual tour

Estimated payment

$4,209/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Principal & interest
$3,627
Est. property tax
$419
Est. insurance
$163

Local estimate, not a lender quote. Idaho Falls / Rexburg tax millage varies by parcel — we’ll run exact numbers on tour.

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Showing desk for Kipp Archibald

Kipp Archibald · (208) 200-0605

Kipp Archibald, Broker / Owner. Local broker helping buyers and sellers across Eastern Idaho — Rigby, Rexburg, Idaho Falls, and the Upper Valley. Straight answers, private showings, and hands-on guidance from first tour through closing. Kipp also knows new construction and lot development, including Teton Heights in Rigby. Call (208) 200-0605. Website https://www.kipparchibald.com/.