$389,900
SOLD SEP 18, 2025
Last list price

265 E 1st S Rexburg, ID 83440

3 Beds
2 Baths
1,742 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

18 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • 4-minute walk to Smith Park
  • Madison Senior High School Rated A-

About This Home

As of September 2025

Newly Listed Duplex – Prime Location This charming duplex is perfectly located in the heart of town, just minutes from BYU campus. Featuring an all-brick exterior and durable metal roof, the property is designed for low maintenance and long-term value. With completed landscaping and a convenient layout, it's an ideal property for couples, young families, or as an investment. Upstairs Unit: 2 bedrooms, 1 bathroom, and a 1-car garage Downstairs Unit: 1 bedroom, 1 bathroom, no garage. Don't miss this opportunity to own!

Last Agent to Sell the Property

Shalynn Lister

Edge Real Estate Listed on: 08/19/2025

Last Buyer's Agent

Andrea Hebdon

Edge Real Estate License #SP27321

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln 321El Elementary School
  • Madison 321Jh Middle School
  • Madison 321Hs High School

Utilities

  • Shared Heating and Cooling
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Renters Personal Property
  • The owner pays for common area maintenance, grounds care, electricity, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,866

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Has Basement: Full
  • Inclusions: Oven, Fridge
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.07
  • Subdivision Name: None
  • Directions: Starting a E Main Street head east then turn onto S 2nd E then turn onto E 1st S to the property.
  • Above Grade Finished Sq Ft: 871
  • Garage Yn: Yes
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven, Stove
  • Owner Pays: Common Area Maintenance, Grounds Care, Electricity, Trash Collection, Water
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 871
  • Living Area: 1742

Exterior Features

  • Exclusions: Renters Personal Property
  • Roof: Metal
  • View: None
  • Lot Features: Established Lawn
  • View: No
  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Common Heat
  • Electric: Separate Power Meters, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 3049.2
  • Zoning Description: General Zoning: Rx-Low Den Resid 2,Specific Zoning: Rexburg-Low Density Residen 2

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 2866

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Lincoln 321EL
  • HighSchool: Madison 321HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2025
Closed on
Sep 17, 2025
Sold by
Ostermiller Carol
Bought by
Marsden Spencer and Marsden Diana
Seller's Agent
Shalynn Lister
Edge Real Estate
Buyer's Agent
Andrea Hebdon
Edge Real Estate
List Price
$389,900
Views
4
Current Estimated Value
$379,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Olsen Kristi Lynn and Olsen Michael
Bought by
Ostermiller Carol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Flying S Title And Escrow Of I
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Sold -- -- --
09/06/2025 09/06/25 Pending -- -- --
08/19/2025 08/19/25 For Sale $389,900 -- $224 / Sq Ft
Source: Snake River Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $2,773 $283,886 $65,000 $218,886
2024 $2,866 $278,886 $60,000 $218,886
2023 $2,866 $262,130 $50,000 $212,130
2022 $3,014 $240,374 $35,000 $205,374
2021 $2,560 $187,860 $28,000 $159,860
2020 $2,081 $145,061 $28,000 $117,061
2019 $2,196 $130,493 $28,000 $102,493
2018 $2,038 $120,731 $28,000 $92,731
2017 $2,061 $118,779 $28,000 $90,779
2016 $1,955 $115,850 $28,000 $87,850
2015 $1,888 $132,192 $0 $0
2013 -- $111,354 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2178999

Snake River Regional MLS

APN: RPR000R0015560