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    Turnkey Rental Portfolio Near BYU Title is generated by Realmo AI

    431 S 3rd W, Rexburg, ID 83440

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    For Sale
    $800,000

    MULTI_FAMILY - Rexburg, ID

    Property size:
    21,862 SF
    Price / SF:
    $36/SF
    Added:
    Apr 7, 2026
    Days on Market:
    40
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for 431 S 3rd W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, 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
    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

    Utilities

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

    Building Details

    Year built
    2017
    Number of units
    3
    Building materials
    Block, Brick, Metal Siding, Vinyl Siding
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Luke Bloxham

    Listing agent Luke Bloxham License #SP45710

    Listing office Real Broker LLC 3597 E Monarch Sky Lane Suite 240, Meridian, ID

    Listing date Apr 7, 2026

    MLS# 2185315 Listing URL

    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.

    HighLights

    • Turnkey rental portfolio: 3 fully furnished and leased condos for immediate income.
    • Prime location: Just a 3‑minute walk to BYU Idaho's campus.
    • Spacious units: Each condo features 1,286 sqft with 3 bedrooms, 2 bathrooms, and in‑unit washer and dryer.
    • HOA covers essential utilities and snow removal for simplified management.
    • Versatile rental options available.
    • Amenities include a spacious lounge and updated gym.

    Overview

    This is a turnkey rental portfolio consisting of three fully leased and furnished condominiums. Each unit offers 1,286 square feet of living space, featuring three bedrooms and two bathrooms, including a spacious three-spot vanity in each bathroom. Each unit includes an in-unit washer and dryer. The property is located within a three-minute walk from BYU Idaho's campus. Community amenities include a lounge suitable for gatherings and an updated gym. The homeowner's association covers water, sewer, garbage, gas, television, internet, and snow removal. The units can be rented to off-track students, online students, married couples, and the general public, with the only restriction being for single students currently enrolled with BYU Idaho, according to BYU Idaho's rules and regulations. All units feature the same design, layout, and square footage. The property is suitable for various purposes, including a first home, second home, Airbnb, or long-term investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brigham's Mill Apartments Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison
    State
    Idaho
    Longitude
    -111.7918893
    Latitude
    43.8170485

    FAQs

    What type of property is this?
    Short term rental property - Fully furnished condos near BYU Idaho, ideal for investors.
    Where is this short term rental property 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: Turnkey rental portfolio: 3 fully furnished and leased condos for immediate income.; Prime location: Just a 3‑minute walk to BYU Idaho's campus.; Spacious units: Each condo features 1,286 sqft with 3 bedrooms, 2 bathrooms, and in‑unit washer and dryer.
    More about this property
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