NOT LISTED FOR SALE

406 S 3rd E Rexburg, ID 83440

8 Beds
8 Baths
4,500 Sq Ft
7,405 Sq Ft Lot

Last Sold December 13, 2023

220 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Zoned Heating
  • Madison Senior High School Rated A-
  • Balcony
  • Coin Laundry

About This Home

As of December 2023

Back on the market due to failure of buyer's financing. Here is a rare opportunity to buy Women's approved house within two blocks of the BYU-I campus. Approximately 4500 sq feet total, with pay laundry on site. Each unit has a kitchen, one bathroom per bedroom, and each bedroom is currently housing three beds. Students pay per semester, with occupancy historically close to full during school year with partial occupancy during the summer semester. Can maintain as women's housing by applying with BYU-I or convert into a traditional fourplex.

Last Agent to Sell the Property

Grant Welch

Assist 2 Sell The Realty Team Listed on: 04/13/2023

Last Buyer's Agent

Ted Whyte

Century 21 High Desert- Rexburg License #AB17366

Century 21 High Desert- Rexburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,457

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Gentle Sloping Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Balcony

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating unit installed on the ceiling
  • Water Heater
  • Cable TV Available

Additional Features

  • Finished Basement

Listing and Financial Details

  • Exclusions: Seller's And Renters' Personal Property
  • The owner pays for gas, insurance, grounds care, electricity, sewer, snow removal, trash collection

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sorensen Addition Mad Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,457

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Has Basement: Finished
  • Inclusions: All Kitchen Appliances, Coin Operated Washer&Dryer (X2), All Furniture Not Owned By Tenants.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.17
  • Subdivision Name: Sorensen Addition-Mad
  • Directions: Google maps/Apple Maps will take you right to the address.
  • Above Grade Finished Sq Ft: 2250
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Interior Amenities: Cable TV
  • Appliances: Common Water Heaters, Refrigerator, Oven, Dishwasher, Stove
  • Owner Pays: Gas, Insurance, Grounds Care, Electricity, Sewer, Snow Removal, Trash Collection
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 2250
  • Living Area: 4500

Exterior Features

  • Exclusions: Seller's And Renters' Personal Property
  • Exterior Features: Balcony
  • Roof: Metal
  • View: None
  • Lot Features: Low Traffic, Near University/College, Established Lawn, Corner Lot, Gentle Sloping
  • View: No
  • Construction Type: Frame, Block
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Coin Operated Laundry
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Ceiling, Zoned, Separate Heat
  • Electric: Common Power Meters, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Additional Storage
  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Zoning Description: General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5457

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

MLS Schools

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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold -- -- --
11/20/2023 11/20/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $650,000 0.0% $144 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $650,000 0.0% $144 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $650,000 -- $144 / Sq Ft
Source: Snake River Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2153482

Snake River Regional MLS