36 E Main St Rexburg, ID 83440
Estimated payment $3,958/month
Highlights
- Property is near park and schools
- Corner Lot
- Cooling System Mounted To A Wall/Window
- Madison Senior High School Rated A-
- No HOA
- Handicap Accessible
About This Home
Prime mixed-use investment opportunity in downtown Rexburg, just steps from BYU-Idaho. This 3-story building features a strong income-producing setup with a main-level commercial space (approx. 1,800 SF) leased to an established caf?/restaurant, plus 4 fully rented residential units. Proven performance with consistent occupancy and no vacancy for over 20 years. Multiple income streams from commercial and residential units, plus shared coin-operated laundry. Main floor remodeled in 2024 with updated electrical, plumbing, and modern finishes. Recent updated HVAC a few years ago. Roof reviewed and in overall good condition with minor maintenance noted. Some interior improvements in progress, including drywall updates and unit refresh. Contractor bids available upon request. Value-add opportunity with potential to increase rents. Zoned CBD allowing for a variety of commercial uses. Basement space included for storage and mechanical use. Rent roll available upon request. Price recently adjusted to encourage a sale. Do not disturb tenants or business. Showings by appointment only. Buyer to verify all information.
Listing Agent
Silvercreek Realty Group License #5171962 Listed on: 10/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,660
Year Built
- Built in 1903 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Membrane Roofing
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- Partially Finished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Adams 321El Elementary School
- Madison 321Jh Middle School
- Madison 321Hs High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Handicap Accessible
- Property is near park and schools
Community Details
- No Home Owners Association
- 5 Units
- Rexburg Townsite Mad Subdivision
Listing and Financial Details
- The owner pays for trash collection
Map
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 | $3,583 | $360,600 | $23,610 | $336,990 |
| 2024 | $3,765 | $360,600 | $23,610 | $336,990 |
| 2023 | $3,765 | $258,000 | $17,610 | $240,390 |
| 2022 | $3,284 | $258,000 | $17,610 | $240,390 |
| 2021 | $3,864 | $258,000 | $17,610 | $240,390 |
| 2020 | $3,657 | $258,000 | $17,610 | $240,390 |
| 2019 | $2,870 | $168,000 | $17,610 | $150,390 |
| 2018 | $2,753 | $160,590 | $15,390 | $145,200 |
| 2017 | $2,827 | $160,590 | $0 | $0 |
| 2016 | $2,549 | $148,480 | $22,500 | $125,980 |
| 2015 | $2,584 | $148,480 | $0 | $0 |
| 2013 | -- | $149,970 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Price Changed | $689,000 | -0.9% | $96 / Sq Ft |
| 03/01/2026 03/01/26 | Price Changed | $695,000 | -5.4% | $97 / Sq Ft |
| 01/05/2026 01/05/26 | For Sale | $735,000 | 0.0% | $102 / Sq Ft |
| 01/01/2026 01/01/26 | Off Market | -- | -- | -- |
| 12/31/2025 12/31/25 | Price Changed | $735,000 | -1.9% | $102 / Sq Ft |
| 12/02/2025 12/02/25 | Price Changed | $749,000 | -3.4% | $104 / Sq Ft |
| 10/28/2025 10/28/25 | For Sale | $775,000 | -- | $108 / Sq Ft |
Source: Snake River Regional MLS
MLS Number: 2180432
APN: RPRRXB10380140
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.
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Ask me questions while you tour the home.