The home on the lot could be rehabbed, it has ‘good bones’ and would shine from updating. The frame/cinderblock shop behind may be able to be converted to a business or an ADU, or the buildings could be scraped for a new development to fit your vision. The home has good bones and lots of possibilities for sweat-equity on a .35 acre lot in the heart of Rexburg. The lot/home is approx. 1 block from Porter Park, 2 blocks from Kennedy Elementary AND 3 blocks from BYU-Idaho. The lot is zoned Rexburg LI and is adjacent on south to Rexburg HDR1, it may be possible to re-zone to HDR1. The home is livable as is but rough, it may not qualify for government financing. The chimney on the main floor was closed off some time ago – condition unknown. This is an Estate Sale, condition of home components unknown. The canal on the east is NOT part of the lot or legal description making the lot a full .35 acre. Any changes in use will need to be permitted through the City. Property taxes, year built and sq. ft. are estimates until I can access the City web site.
Property Details
Price:
$285,000
MLS #:
2189854
Status:
Active
Baths:
0
Type:
Commercial Land
Listed Date:
Oct 15, 2026
Lot Size:
15,246 sqft / 0.35 acres (approx)
Kennedy 321elMadison 321jhMadison 321hs
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Schools
Elementary School:
KENNEDY 321EL
Middle School:
MADISON 321JH
High School:
MADISON 321HS
Interior
Exterior
Frontage
86
Financial
Taxes
$1,995
Map
Community
- Address429 2nd S REXBURG ID
- CityREXBURG
- CountyMadison
- Zip Code83440
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