Property

Rexburg, ID 83440 431 S 3rd W

431 S 3rd W Rexburg, ID - Image 1431 S 3rd W Rexburg, ID - Image 2431 S 3rd W Rexburg, ID - Image 3
4 more
431 S 3rd W Rexburg, ID - Image 4431 S 3rd W Rexburg, ID - Image 5431 S 3rd W Rexburg, ID - Image 6431 S 3rd W Rexburg, ID - Image 7431 S 3rd W Rexburg, ID - Image 8
Presented By: Real Broker LLC
  • MLS# 2176310
  • 05/07/2025
  • Request Tour
  • Request Info
  • Beds • 51
  • Baths • 34
  • SQFT • 21,862
  • Garage • 51

Home Details

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.
Presented By: Real Broker LLC

Interior Features for 431 S 3rd W

Bedrooms

Total Bedrooms51

Bathrooms

Half Baths0
Total Baths34

Other Interior Features

Above Grade Finished Area21862
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesWired for Data, Storage

General for 431 S 3rd W

AccessibilityHandicap Access
AppliancesCommon Water Heaters, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
Assoc Fee Paid PerMonthly
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityRexburg
Community FeaturesAdditional Storage
ConcessionsNo
Construction MaterialsBlock, Brick, Metal, Vinyl
CoolingCentral Air
CountyMadison
DirectionsFrom the first Rexburg Exit head north on the Yellowstone highway continue till highway becomes West Fourth South. Continue 1/4 mile and complex is on your right.
ElectricSeparate Power Meters, Rocky Mountain Power
Electric On Property Y/NNo
Elementary SchoolMidway 251EL
Full Baths34
Garage Spaces51
Garage Y/NNo
HOAYes
HOA Fee$242
HeatingNatural Gas, Forced Air, Separate Heat
High SchoolMadison 321HS
Land Lease Y/NNo
Lease Amount FrequencyMonthly
Legal DescriptionSee Exhibit A
Living Area UnitsSquare Feet
Lot Size Square Feet52272
Lot Size UnitsAcres
Middle/Junior High SchoolMadison 321JH
New ConstructionNo
Number Of Units Total17
OwnerPaysCommon Area Maintenance, Gas, Insurance, Sewer, Snow Removal, Trash Collection, Water
PossessionClose Of Escrow
Property ConditionExisting
Property SubtypeMulti Family
Property TypeResidential Income
RoofArchitectural
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNone
Tax Annual Amount50422
Tax Year2024
Tenant PaysElectricity
Year Built2017
Zoning DescriptionGeneral Zoning: Rx High Density Re, Specific Zoning: Rexburg-High Density Resid 1

Exterior for 431 S 3rd W

Building Area Total21862
Covered Spaces51
Foundation DetailsConcrete Perimeter
Horse Y/NNo
InclusionsAll Furnishings In Each Unit As Well As Kitchen Appliances And Washer And Dryer For Each Unit.
Irrigation Water Rights Y/NNo
Lot FeaturesHigh Traffic, Near Park, Near Schools, Near University/College, Concrete Curbing, Established Lawn, Many Trees, Flower Beds, Sprinkler-Auto, Corner Lot, Level
Lot Size Acres1.2
Lot Size Area1.2
Open Parking Y/NNo
OwnerPhoneBrighams Mill LLC
SpaNo
Total Parking51
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Madison 321Jh Middle School
High School Madison 321Hs High School
Elementary School Midway 251EL Elementary School

Black Oak Agency

Price $4,410,000
MLS#2176310
List Date 05/07/2025
Property Type Multi-Family
Phone 208.954.2162
Request Tour
Request Info
Visit My Website

Similar Properties to 431 S 3rd W