Search
Furnished Short-Term Rental Portfolio
For Sale
$800,000

431 S 3rd W, Rexburg, ID 83440

Residential Income, Rexburg, ID

Property Size21,862 SF
Price / SF$36.59
Days on Market183

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 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 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

lounge
gym
in-unit washer/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
Listed By: Luke Bloxham · License #SP45710
Added: Apr 7 Changed: Sep 23 Last Checked: Oct 6 at 2:06PM
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.

This offering includes three fully leased condominium units, each furnished and configured with 1,286 square feet, three bedrooms, and two bathrooms. All units share the same layout and include an in-unit washer and dryer, dishwasher, microwave, refrigerator, and oven. Built in 2017, the condos also feature central air, forced-air natural gas heating, storage, and data wiring.

The property is a three-minute walk from BYU Idaho’s campus in Rexburg. Shared amenities include a lounge and updated gym. HOA services cover water, sewer, garbage, gas, television, internet, and snow removal. Public water and sewer serve the property, and an accessible approach with ramp is provided. Rental restrictions apply to single students currently enrolled with BYU Idaho.

Key Highlights

  • Three fully leased, furnished condominium units
  • Each unit offers 1,286 square feet with 3 bedrooms and 2 bathrooms
  • Three‑minute walk from BYU Idaho’s campus

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Brigham's Mill Apartments Apartment Building

Suggested Use

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

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

941
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - The portfolio comprises leased, furnished condos with shared lounge and gym amenities.
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: Three fully leased, furnished condominium units; Each unit offers 1,286 square feet with 3 bedrooms and 2 bathrooms; Three‑minute walk from BYU Idaho’s campus
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again