Your next home could also be your next income stream. This Rexburg multi-unit property offers an exciting opportunity to step into investing or expand an established portfolio. Explore living in the spacious 4-bedroom, 2-bath apartment while rental income from three additional apartments helps offset ownership costs—or continue the property''s current mix of short-term rentals and leased apartments. Updated lighting and flooring complement open living spaces, while generous windows bring in natural light for a bright, airy feel. Freshly furnished interiors add a welcoming, modern touch, and the basement apartment features new carpet and additional kitchen cabinetry. With a 2-bedroom apartment, a studio, and a 1-bedroom apartment alongside the larger residence, the varied layouts offer options for different rental needs. Apartment A currently operates on Airbnb and VRBO, while Apartments B, C, and D are occupied under leases. For a hands-on buyer, there''s room to explore rental strategy, thoughtful improvements, and future income potential. This is a property with an existing rental operation and possibilities for its next chapter. Tours are already lining up ahead of the public launch. Schedule yours and explore what this investment property could make possible for you.
Property Details
Price:
$619,500
MLS #:
2190109
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Listed Date:
Oct 31, 2026
Finished Sq Ft:
4,655
Lot Size:
6,355 sqft / 0.15 acres (approx)
Year Built:
1941
Adams 321elMadison 321jhMadison 321hs
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Schools
Elementary School:
ADAMS 321EL
Middle School:
MADISON 321JH
High School:
MADISON 321HS
Interior
Blw Grade Sq Ft
1632
Total Full Baths
5
Exterior
Financial
HOA Fee
$0
Taxes
$4,833
Map
Community
- Address75 1st N REXBURG ID
- CityREXBURG
- CountyMadison
- Zip Code83440
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