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Jenn Smart

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75 S 3rd E , Rexburg, ID 83440
$699,000
Est. Payment: $1,553.33/mo
7 Bed
4 Bath
4010 Sqft
0.4 Acres
Status: active | Days on site: 74
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House Description

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.

Highlights

Listed by Joshua Thatcher , 833-227-0270 Real Estate Two70 , 833-227-0270. Snake River Multiple Listing Service

Property Type

Multi-Family

Lot/Acreage
0.4

Year Built

1960

County

Madison

Neighborhood

Rigby Subdivision-Mad

Listing ID

2186015

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Separate Water Heaters, Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove
Air Cond:Central Air
Fireplaces:
Floor:Hardwood
Above Ground Sq Ft:2005
Below Ground Sq Ft:2005
Basement:Daylight,Egress Windows,Exterior Entry,Finished,Full
Other:
  • ▪ Additional:Newly Renovated, Separate Storage
Water:Public

Exterior Features

Lot:Established Lawn,Sprinkler-Auto,Corner Lot
Garage Capacity:2
Zoning:General Zoning: Rx Low Density Res,Specific Zoning: Rexburg-Low Density Res 3
Roof:Architectural
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$1,553
Taxes
$255

Home Price

$699,000

Loan Details

30 yrs
0%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,553.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,553.33 $255.00 $0.00 $1,808.33
Yearly $18,640.00 $3,060.00 $0.00 $21,700.00
Total $559,200.00 $91,800.00 $0.00 $651,000.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Rexburg, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Snake River Multiple Listing Service and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-14T01:40:21.000Z

© 2026 Snake River Multiple Listing Service