Huge Price Reduction! Neighbors say this home was once the finest in town. After a methodical remodel, it has reclaimed its rightful throne. Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades— tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it''s a revived legacy coupled with an opportunity that simply cannot be matched.
Property Details
Price:
$739,000
MLS #:
2186015
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Subdivision:
RIGBY SUBDIVISION-MAD
Listed Date:
May 2, 2026
Finished Sq Ft:
4,010
Lot Size:
17,424 sqft / 0.40 acres (approx)
Year Built:
1960
Rigby Subdivision-madLincoln 321elMadison 321jhMadison 321hs
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Schools
Elementary School:
LINCOLN 321EL
Middle School:
MADISON 321JH
High School:
MADISON 321HS
Interior
Blw Grade Sq Ft
2005
Total Full Baths
4
Exterior
Financial
HOA Fee
$0
Taxes
$3,060
Map
Community
- Address75 3rd E REXBURG ID
- SubdivisionRIGBY SUBDIVISION-MAD
- CityREXBURG
- CountyMadison
- Zip Code83440
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