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Duplex with Separate Utilities
New
For Sale
$375,000

265 E 1st S, Rexburg, ID 83440

Residential Income, Rexburg, ID

Property Size1,742 SF
Lot Size0.07 Acres
Price / SF$215.27
Days on Market5

Property Features for 265 E 1st S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description General Zoning: Rx-Low Den Resid 1, Specific Zoning: Madison-R5-Multi Fam Dist 2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bathroom 2
Parking 3
Parking features Garage
Interior features Ceiling Fan(s)
Basement Partially Finished
Appliances Refrigerator
Lot features Concrete Curbing, Established Lawn, Many Trees, Flower Beds
Elementary school Lincoln 321EL
Middle school Madison 321JH
High school Madison 321HS
Directions Starting a E Main Street head east then turn onto S 2nd E then turn left onto E 1st S to the property on the right.
Standard status Active
APN RPR000R0015560
Size 1,742 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RPR000R0015560
Tax Annual Amount 2773
Legal Description RPR000R0015560

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Central Air
Water source Public

Amenities

laundry area
maintenance free exterior

Building Details

Year built 1950
Number of units 2
Flooring type Hardwood
Building materials Brick
Roof type Metal
Listing Agency: Legacy Premier Realty
Listed By: Kathy Carroll · License #SP42712
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 31 at 6:06AM
MLS# 2188844

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 duplex contains 1,742 square feet on a 0.07-acre lot and was built in 1950. The property includes two separate residential units, each with a laundry area, kitchen hookups, vinyl windows, and its own utility meter. Partial renovation work has been completed, including installation of a new natural-gas furnace, central air conditioning, and a tankless water heater.

Located at 265 E 1st S in Rexburg, the property is near campus and includes four off-street parking spaces plus a single-car garage. Brick construction, hardwood flooring, a metal roof, public water, and public sewer are also in place. The sale is offered on an as-is, where-is basis.

Key Highlights

  • 1,742 SF duplex on a 0.07‑acre lot in Rexburg
  • Two units with separate utility meters and individual laundry areas
  • New natural‑gas furnace, central air conditioning, and tankless water heater

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,542
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 units feature individual laundry areas, kitchen hookups, and dedicated utility meters.
Where is this duplex located?
The property is located at 265 E 1st S Rexburg, ID.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,742 SF duplex on a 0.07‑acre lot in Rexburg; Two units with separate utility meters and individual laundry areas; New natural‑gas furnace, central air conditioning, and tankless water heater
More about this property
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