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431 S 3rd W

Rexburg, ID 83440
  • $4,410,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 2176310
UPDATED: 49 min ago
$4,410,000
  • 51
    BEDS
  • 1.2
    ACRES
  • 34
    BATHS
  • 0
    1/2 BATHS
  • 21,862
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

17 unit package. Come enjoy Rexburg like never before! This is a brand new product to the Rexburg housing market. Zoning allows for Air BNBs! This is a turn key airbnb portfolio. Fully furnished units! Each condo boasts a spacious 1,286sqft with 3 beds and 2 baths. Bathroom has a spacious 3 spot vanity. All units feature an in unit washer and dryer that are included with the purchase. Amenities include a spacious lounge perfect for hosting get together and parties as well as updated gym. HOA includes water, sewer, garbage, gas, tv, and internet as well as snow removal. Whether you are looking for your first home, second home, Air BNB, or long term investment this property can do it all. The condo conversion took place in Mid June 2022. Because the units are now condos they can be rented to off track students, online students, married couple and the general public. The only restriction is for single students currently enrolled with BYU Idaho. Please see BYU Idahos rules and regulations for more info. All units are fully furnished and are a turnkey rental. All units are designed the exact same. All units have the same layout and square footage.

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© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Coldwell Banker Mountain Properties are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-06-13T09:23:31.737.
www.coldwellbankertetonvalley.com/homes/163461953
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431 S 3rd W Rexburg, ID 83440

  • Price: $4,410,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 49 min ago
  • MLS #: 2176310
51
Beds
34
Baths
0
½ Baths
1.2
Acres
21,862
SQFT
$202
$/SQFT
2017
Built
Neighborhood:
None
County:
Madison
Area:
Rexburg
Elementary School:
Midway 251El
Middle School:
Madison 321Jh
High School:
Madison 321Hs
Property Description
17 unit package. Come enjoy Rexburg like never before! This is a brand new product to the Rexburg housing market. Zoning allows for Air BNBs! This is a turn key airbnb portfolio. Fully furnished units! Each condo boasts a spacious 1,286sqft with 3 beds and 2 baths. Bathroom has a spacious 3 spot vanity. All units feature an in unit washer and dryer that are included with the purchase. Amenities include a spacious lounge perfect for hosting get together and parties as well as updated gym. HOA includes water, sewer, garbage, gas, tv, and internet as well as snow removal. Whether you are looking for your first home, second home, Air BNB, or long term investment this property can do it all. The condo conversion took place in Mid June 2022. Because the units are now condos they can be rented to off track students, online students, married couple and the general public. The only restriction is for single students currently enrolled with BYU Idaho. Please see BYU Idahos rules and regulations for more info. All units are fully furnished and are a turnkey rental. All units are designed the exact same. All units have the same layout and square footage.
Exterior Features

Construction And Status Existing Exterior Primary BlockBrickMetalVinyl Foundation Concrete Perimeter Garage Stalls 51.00 Landscaping Concrete CurbingEstablished LawnEstablished TreesFlower BedsSprinkler-Auto Location High TrafficNear ParkNear SchoolsNear University/College Roof Architectural Style All Units in One Building Topography Setting Corner LotFlat

Interior Features

Air Conditioning Central Basement None Heat Source And Type GasForced Air Sq Ft Above Grade 21862 Sq Ft Below Grade 0 Style1 Baths 2 Style1 Bedrooms 3 Style1 Features DishwasherDryerMicrowaveNetwork ReadyRefrigeratorSeparate StorageStoveWasher Style1 Sq Ft 1286 Style2 Baths 1 Style2 Bedrooms 1 Style2 Sq Ft 1286 Style3 Baths 0 Style3 Bedrooms 0 Style3 Sq Ft 0 Style4 Baths 0 Style4 Bedrooms 0 Style4 Sq Ft 0 Style5 Baths 0 Style5 Bedrooms 0 Style5 Sq Ft 0 Style6 Baths 0 Style6 Bedrooms 0 Style6 Sq Ft 0 Total Baths 34

Property Features

Amenities Additional Storage Assoc Fees 242.00 Covenants Yes Distressed Property Not Applicable Fixer Upper No Flood Plain N Handicap Access Yes Ho Exempt Not Exempt HOA Yes Hoa Fee 242.00 Hoa Paid Monthly Inclusions All furnishings in each unit as well as kitchen appliances and washer and dryer for each unit. Owner Pays Common Area MaintenanceGasInsuranceSewerSnow RemovalTrash CollectionWater Property Type 11+ Units Provider Other Info Rocky Mountain Power Sewer Public Sewer Short Term Rental YN Yes Style1 Rent 1600 Style1 Units 16 Style2 Rent 1500 Style2 Units 1 Style3 Rent 0 Style3 Units 0 Style4 Rent 0 Style4 Units 0 Style5 Rent 0 Style5 Units 0 Style6 Rent 0 Style6 Units 0 Tax Year 2024 Taxes 50422.00 Tenant Pays Electricity Terms CashConventional1031 Exchange Utilities Separate Power MetersSeparate HeatCommon Water Heaters Water Public Winter Access YN Yes Zoning General RX HIGH DENSITY RE Zoning Specific REXBURG-HIGH DENSITY RESID 1

Snake River Regional MLS logo Listing provided courtesy of Real Broker LLC: 2088413088.
© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Coldwell Banker Mountain Properties are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-06-13T09:23:31.737.
 
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Coldwell Banker Mountain Properties
189 N Main Street, Suite 100
Driggs ID, 83422