Fully Furnished Triplex
For Sale
$800,000
431 S 3rd W, Rexburg, ID 83440
MULTI_FAMILY - Rexburg, ID
Property Size21,862 SF
Price / SF$36.59
Days on Market133
Property Features for 431 S 3rd W
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
General Zoning: Rx High Density Re, Specific Zoning: Rexburg-High Density Resid 1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Parking
3
Interior features
Wired for Data, Storage
Accessibility
Accessible Approach with Ramp
Appliances
Common Water Heaters, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
Lot features
High Traffic, Near Park, Near Schools, Near University/ College, Concrete Curbing, Established Lawn, Many Trees, Flower Beds, Sprinkler- Auto, Corner Lot, Level
Elementary school
Midway 251EL
Middle school
Madison 321JH
High school
Madison 321HS
Directions
From the first Rexburg Exit head north on the Yellowstone highway continue till highway becomes West Fourth South. Continue 1/4 mile and complex is on your right.
Standard status
Active
APN
Rpr7bma0000000
Size
21,862 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
See Exhibit A
Tax Annual Amount
3447
HOA Fee
$300 Monthly
Legal Description
See Exhibit A
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
spacious lounge
updated gym
in-unit washer and dryer
Building Details
Year built
2017
Number of units
3
Building materials
Block, Brick, Metal Siding, Vinyl Siding
Additional Structures
Storage
Listing Agency:
Real Broker LLC
(208) 841-3088
Listed By:
Luke Bloxham · License #SP45710
(208) 841-3088
Added: Apr 7
Changed: Aug 4
Last Checked: Aug 17 at 3:06AM
MLS# 2185315
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.
Turnkey rental portfolio consisting of three fully leased condos within a triplex setup. Each unit is fully furnished and designed with the same layout and finishes, featuring three bedrooms and two bathrooms and an in-unit washer and dryer included with the purchase. The condos also include a spacious lounge for hosting and an updated gym. Interiors have wired for data, along with storage.
The property includes accessibility via an accessible approach with a ramp. Heating is natural gas forced air with central air cooling. Water is public and sewer is public sewer. Construction is block and brick with metal and vinyl siding.
HOA includes water, sewer, garbage, gas, TV, and internet, along with snow removal. The condos are described as a three-minute walk from BYU Idaho’s campus, and there is a restriction for single students currently enrolled with BYU Idaho, per school rules and regulations.
The property includes accessibility via an accessible approach with a ramp. Heating is natural gas forced air with central air cooling. Water is public and sewer is public sewer. Construction is block and brick with metal and vinyl siding.
HOA includes water, sewer, garbage, gas, TV, and internet, along with snow removal. The condos are described as a three-minute walk from BYU Idaho’s campus, and there is a restriction for single students currently enrolled with BYU Idaho, per school rules and regulations.
Key Highlights
- Three fully leased furnished condos with the same layout and design
- Each condo has 1,286 SF with 3 beds and 2 baths
- In‑unit washer and dryer included with the purchase
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Turnkey rental portfolio of three fully leased furnished condos with in-unit washer and dryer, plus HOA-covered utilities and snow removal.
Where is this triplex located?
The property is located at 431 S 3rd W Rexburg, ID.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three fully leased furnished condos with the same layout and design; Each condo has 1,286 SF with 3 beds and 2 baths; In‑unit washer and dryer included with the purchase
