$2,100,000
PENDING NEW CONSTRUCTION

425 Harvard Ave Rexburg, ID 83440

Estimated payment $11,489/month

Total Views 8,359
16 Beds
8 Baths
915 Sq Ft
$2,295 Price per Sq Ft

Highlights

  • New Construction
  • Valley View
  • Cooling Available
  • Madison Senior High School Rated A-
  • No HOA
  • 8 Car Garage

About This Home

**LOCATION! LOCATION! LOCATION!** BACK ON MARKET no fault of Seller. Now is your chance to own this exceptional investment opportunity just steps from BYU-Idaho! Four new twin homes on a .8-acre lot, totaling 7,320 square feet of livable space. Each of the four buildings provides two separate units, featuring two bedrooms and bathroom per unit—perfect for tenants seeking comfortable, modern living. Upper units have vaulted ceilings and lower units have 9' ceilings. These units are designed with quality and comfort in mind: enjoy beautiful cascading quartz countertops, durable LVP flooring with in-floor heating, and efficient ductless mini-split AC units. Each bedroom boasts two closets, ensuring ample storage, while keyless entries and in-unit washers and dryers add to living convenience. With enclosed parking for each tenant and a prime location, this property has the potential for both steady rental income and long-term appreciation. Don't miss your chance to invest in this rare opportunity—act now and secure your stake in this thriving community!

Listing Agent

Tonya Bunnell

Silvercreek Realty Group License #SP45193 Listed on: 06/21/2025

Silvercreek Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 34,848 Sq Ft Lot
  • Sprinkler System
  • Many Trees

Parking

  • 8 Car Garage
  • Open Parking

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 915 Sq Ft Home
  • Wired For Data
  • Valley Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Mini Split Heat Pump
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 8 Units
  • Sherwood Hills Mad Subdivision

Listing and Financial Details

  • Exclusions: Sellers And Renters Personal Property
  • The owner pays for common area maintenance, gas, insurance, grounds care, electricity, sewer, snow removal, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

Built in 2024 | New Construction

Lot Details

0.8 Acres

Parking

8

Listing Details

  • Has Basement: None
  • Inclusions: (8) Refrigerators; (8) Dishwashers; (8) Oven/Range (Electric); (8) Microwaves; (8) Washer And Dryer Sets
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.8
  • Subdivision Name: Sherwood Hills-Mad
  • Directions: From Rexburg LDS Temple head east toward 2 2nd E; turn right onto E 5th S; turn left onto Harvard Ave. Twin homes will be on the right.
  • Above Grade Finished Sq Ft: 915
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Cable TV, Wired for Data, See Remarks, Network Ready
  • Appliances: Separate Water Heaters, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Owner Pays: Common Area Maintenance, Gas, Insurance, Grounds Care, Electricity, Sewer, Snow Removal, Trash Collection, Water
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Living Area: 915

Exterior Features

  • Exclusions: Sellers And Renters Personal Property
  • Roof: Metal
  • View: Valley
  • Lot Features: Near University/College, Established Lawn, Many Trees, Flower Beds, Sprinkler-Auto, Sprinkler System-Full, Other-See Remarks, Sloped
  • View: Yes
  • Construction Type: Stucco, Vinyl Siding, Stone
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 8
  • Garage Spaces: 8
  • Open Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Included, Laundry Hookups
  • Cooling: Mini Split
  • Cooling Y N: Yes
  • Heating: Electric, Mini Split, Other, See Remarks
  • Electric: Separate Power Meters, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 34848
  • Zoning Description: General Zoning: Rx Low Density Res,Specific Zoning: Rexburg-Low Density Res 3

Rental Info

  • Tenant Pays: Cable TV

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2538

Multi Family

  • Number Of Units Total: 8
  • Above Grade Finished Area Units: Square Feet

MLS Schools

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

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $14,264 $1,449,980 $280,000 $1,169,980
2024 $2,538 $250,000 $250,000 $0
2023 $2,538 $55,000 $55,000 $0
2022 $566 $45,500 $45,500 $0
2021 $668 $45,500 $45,500 $0
2020 $632 $45,500 $45,500 $0
2019 $757 $45,500 $45,500 $0
2018 $759 $45,500 $45,500 $0
2017 $780 $45,500 $45,500 $0
2016 $758 $45,500 $45,500 $0
2015 $958 $57,250 $0 $0
2013 -- $57,250 $0 $0
Source: Public Records

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
06/03/2026 06/03/26 Pending -- -- --
01/15/2026 01/15/26 For Sale $2,100,000 0.0% $2,295 / Sq Ft
01/09/2026 01/09/26 Pending -- -- --
11/05/2025 11/05/25 For Sale $2,100,000 0.0% $2,295 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $2,100,000 -- $2,295 / Sq Ft
Source: Snake River Regional MLS

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 -- Alliance Title
Source: Public Records

Source: Snake River Regional MLS

MLS Number: 2177619

Snake River Regional MLS

APN: RPR0SHS0010010

Your Personal Tour Guide

Ask me questions while you tour the home.