246 S 2nd E Rexburg, ID 83440
Estimated payment $3,321/month
Highlights
- Hot Property
- Deck
- No HOA
- Madison Senior High School Rated A-
- Newly Painted Property
- Game Room
About This Home
Step into a rare Rexburg opportunity where historic charm, modern updates, and exceptional income potential come together on one property. This adorable bungalow-style home has been thoughtfully updated throughout while preserving the character and warmth that make historic homes so desirable. Currently operating as a successful nightly rental with a strong occupancy history, the main residence features 4 bedrooms, 2 full bathrooms, inviting living spaces, and the kind of timeless appeal guests and homeowners alike are drawn to. Adding even more value is the fully approved accessory dwelling unit (ADU) situated on the west side of the property. This separate 1-bedroom, 1-bathroom residence currently has a tenant in place, providing immediate income and creating a true dual-income investment opportunity. Location is everything, and this property delivers. Situated just blocks from BYU-Idaho and within walking distance to downtown Rexburg's shopping, dining, and amenities, the demand for both short-term and long-term housing remains strong. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a unique property with multiple revenue streams, this is an opportunity you won't want to miss.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,978
Year Built
- Built in 1918
Lot Details
- 8,276 Sq Ft Lot
- Sprinkler System
- Many Trees
Home Design
- Newly Painted Property
- Brick Exterior Construction
- Frame Construction
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1-Story Property
- Family Room
- Game Room
- Carpet
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Basement Window Egress
Parking
- No Garage
- Open Parking
Outdoor Features
- Deck
- Shed
- Porch
Additional Homes
- 368 SF Accessory Dwelling Unit
- Accessory Dwelling Unit (ADU)
- ADU includes 1 Bathroom
Location
- Property is near schools
Schools
- Lincoln 321El Elementary School
- Madison 321Jh Middle School
- Madison 321Hs High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Parker Addition Mad Subdivision
Listing and Financial Details
- Exclusions: Tenant's Personal Property In Adu
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,978 | $301,484 | $128,693 | $172,791 |
| 2024 | $2,126 | $296,484 | $123,693 | $172,791 |
| 2023 | $2,126 | $279,310 | $50,000 | $229,310 |
| 2022 | $1,988 | $255,277 | $35,000 | $220,277 |
| 2021 | $1,617 | $170,498 | $28,000 | $142,498 |
| 2020 | $2,078 | $146,081 | $28,000 | $118,081 |
| 2019 | $2,219 | $130,671 | $28,000 | $102,671 |
| 2018 | $2,052 | $121,546 | $28,000 | $93,546 |
| 2017 | $2,035 | $117,273 | $0 | $0 |
| 2016 | $1,964 | $116,391 | $28,000 | $88,391 |
| 2015 | $1,797 | $145,857 | $0 | $0 |
| 2013 | -- | $105,900 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/19/2026 06/19/26 | For Rent | $1,100 | 0.0% | -- | |
| 06/09/2026 06/09/26 | For Sale | $569,000 | +90.3% | $350 / Sq Ft | |
| 04/09/2021 04/09/21 | Sold | -- | -- | -- | View Prior Sale |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- | |
| 01/21/2021 01/21/21 | For Sale | $299,000 | -- | $150 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Flying S Title And Escrow Of I | |
| Warranty Deed | -- | Alliance Title Rexburg |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $386,000 | New Conventional | |
| Previous Owner | $278,364 | FHA |
Source: Snake River Regional MLS
MLS Number: 2186952
APN: RPR000P0042890
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.
- 235 S 1st E
- 249 E 1st S
- 425 Harvard Ave
- 75 S 3rd E
- 130 Elm Ave
- 256 E 5th S
- 230 Apache Ave
- TBD S 1st E
- 327 Talon Dr
- 460 Rolling Hills Dr
- 128 Webster Ave
- 654 Pine Ridge Ln
- 668 Pine Ridge Ln Unit 4-6
- 440 Terra Vista Dr
- 400 S 5th E
- 115 & 113 E 1st N
- 614 Eaglewood Dr
- 23 E 1st N
- 668 Eaglewood Dr
- 591 Terra Vista Dr
- 106 E 2nd S Unit 106 E 2nd S
- 301 S Millhollow Rd
- 624 Centennial Loop
- 35 W 2nd N Unit 101
- 35 W 2nd N Unit 102
- 64 N 3rd W Unit 1
- 52 N 3rd W
- 591 Turin Way
- 7 S 4th W Unit 1 (Upstairs)
- 430 W 2nd S
- 514 Laurel St
- 1120 Monroe Dr Unit SI ID1250642P
- 280 E Lorene St Unit 5102
- 1152 Stone Dr
- 860 S 5th W
- 311 E Lorene St
- 565 Pioneer Rd
- 565 Pioneer Rd Unit Bedroom 1 South
- 600 Pioneer Rd
- 290 Hope St
Ask me questions while you tour the home.