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Duplex Near University
For Sale
$399,000

318 S 3rd W, Rexburg, ID 83440

Residential Income, Rexburg, ID

Property Size1,456 SF
Lot Size0.17 Acres
Price / SF$274.04
Days on Market56

Property Features for 318 S 3rd W

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description General Zoning: Res-Multi-Family, Specific Zoning: Rexburg-Medium Density Resid 1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Basement, Bedroom 3, Bathroom 1, Bathroom 2
Parking 1
Parking features Off Street
Interior features Newly Renovated
Fireplace 1
Basement Finished
Appliances Separate Water Heaters, Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove
Subdivision Rexburg Townsite-Mad
Elementary school Kennedy 321EL
Middle school Madison 321JH
High school Madison 321HS
Directions GPS To property
Standard status Active
APN RPR00SE0110970
Size 1,456 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SOUTHEND ADDITION TO REXBURG TAX 4365 LOT 1 BLK 11
Tax Annual Amount 1586
Legal Description SOUTHEND ADDITION TO REXBURG TAX 4365 LOT 1 BLK 11

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard, Fireplace(s)
Cooling system Central Air
Water source Public

Building Details

Year built 1976
Number of units 2
Flooring type Hardwood
Building materials Lap Siding
Roof type Composition
Listing Agency: Keller Williams Realty East Idaho
Listed By: The Nelson Group · License #2013009293
Added: Jul 15 Changed: Sep 2 Last Checked: Sep 8 at 3:06PM
MLS# 2182396

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,456-square-foot duplex contains two 2-bedroom, 1-bath residences, with each unit separately metered and equipped with its own entrance and water heater. Both units are occupied. The property includes washers, dryers, refrigerators, ovens, stoves, microwaves, and dishwashers. Interior features include hardwood flooring, fresh paint, updated windows, central air, electric baseboard heating, and fireplaces. The basement residence has new flooring, while two upstairs bedrooms retain original hardwood floors.

Located at 318 S 3rd W in Rexburg, the property sits two blocks from Brigham Young University-Idaho and one block from Porter Park. Recent 2024 improvements include solar panels, a new composition roof, updated windows, and new heating and cooling units. The 0.173-acre site also provides off-street parking and is served by public water and public sewer.

Key Highlights

  • Two 2‑bedroom, 1‑bath units totaling 1,456 square feet
  • Both units occupied; each has separate metering, entrances, and water heaters
  • 2024 upgrades include solar panels, new roof, updated windows, and new heating and cooling units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Locksmith Pet Grooming Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 83440, ID

50,567
Population
13,845
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
181.7 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units offer separate entrances, metering, and water heaters for distinct household operations.
Where is this duplex located?
The property is located at 318 S 3rd W Rexburg, ID.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units totaling 1,456 square feet; Both units occupied; each has separate metering, entrances, and water heaters; 2024 upgrades include solar panels, new roof, updated windows, and new heating and cooling units
More about this property
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