
431 S 3rd W Rexburg, ID 83440
Estimated payment $28,917/month
Highlights
- Property is near a park
- Corner Lot
- Handicap Accessible
- Madison Senior High School Rated A-
- Storage
- Forced Air Heating and Cooling System
About This Home
17 unit package. Come enjoy Rexburg like never before! This is a brand new product to the Rexburg housing market. Zoning allows for Air BNBs! This is a turn key airbnb portfolio. Fully furnished units! Each condo boasts a spacious 1,286sqft with 3 beds and 2 baths. Bathroom has a spacious 3 spot vanity. All units feature an in unit washer and dryer that are included with the purchase. Amenities include a spacious lounge perfect for hosting get together and parties as well as updated gym. HOA includes water, sewer, garbage, gas, tv, and internet as well as snow removal. Whether you are looking for your first home, second home, Air BNB, or long term investment this property can do it all. The condo conversion took place in Mid June 2022. Because the units are now condos they can be rented to off track students, online students, married couple and the general public. The only restriction is for single students currently enrolled with BYU Idaho. Please see BYU Idahos rules and regulations for more info. All units are fully furnished and are a turnkey rental. All units are designed the exact same. All units have the same layout and square footage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $50,422
Year Built
- Built in 2017
Lot Details
- 1.2 Acre Lot
- Corner Lot
- Level Lot
- Sprinkler System
- Many Trees
HOA Fees
- $242 Monthly HOA Fees
Parking
- 51 Car Garage
Home Design
- Brick Exterior Construction
- Architectural Shingle Roof
- Metal Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 21,862 Sq Ft Home
- Wired For Data
- Storage
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 51 Bedrooms
- 34 Full Bathrooms
Laundry
- Dryer
- Washer
Accessible Home Design
- Handicap Accessible
Location
- Property is near a park
- Property is near schools
Schools
- Midway 251El Elementary School
- Madison 321Jh Middle School
- Madison 321Hs High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- The owner pays for common area maintenance, gas, insurance, sewer, snow removal, trash collection, water
Community Details
Overview
- 17 Units
Amenities
- Community Storage Space
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | -- | $25 | $25 | $0 |
2023 | -- | $25 | $25 | $0 |
2022 | $0 | $25 | $25 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/07/2025 05/07/25 | For Sale | $4,410,000 | -- | $202 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Title One |
About the Listing Agent

Real Estate Agent | Residential & Multifamily Specialist | Investor & Development Expert
With over a decade of experience in the real estate industry, Luke brings a deep understanding of the market and a proven track record in helping clients achieve their real estate goals. Specializing in both residential and multifamily properties, Luke works closely with buyers, sellers, and investors to deliver strategic solutions that maximize value and long-term potential.
Throughout a
Luke's Other Listings
Source: Snake River Regional MLS
MLS Number: 2176310

APN: RPR7BMA0000000
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