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PRICE $850,000
BEDS 4
BATHS 4
HOME SIZE 8,800 sqft
LOT SIZE 3,485 sqft

Fully leased downtown Rexburg mixed-use investment property generating approximately $60,000 in annualized gross income under current leases, per seller, with potential for future rent growth as leases allow. Features three commercial storefronts and four upstairs one-bedroom, one-bath apartments near BYU-Idaho, shopping, dining, and downtown amenities. Apartments vary in size and layout, with vaulted ceilings in most units. Select apartments have been recently repainted and remodeled. Shared coin-operated washer and dryer provide convenience and supplemental income. Roofing work completed approximately 3-4 years ago, per seller. Additional basement space offers storage options. Seller reports a consistent rental history throughout several years of ownership. Rent roll and financial information available upon request. Please do not disturb tenants; showings by appointment. Some photos are Ai to declutter some of the rooms.

DAYS ON MARKET 4 LAST UPDATED 11/5/2026
TRACT NONE YEAR BUILT 1920
COUNTY Madison STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School LINCOLN 321EL
Jr. High School MADISON 321JH
High School MADISON 321HS


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Microwave, Refrigerator, Washer
BASEMENT Finished, Unfinished, Yes
CONSTRUCTION Block, Brick, Stone, Wood Siding
HEAT Electric, Natural Gas
INTERIOR Vaulted Ceiling(s), Walk-in Closet(s)
LOT 3485 sq ft
SEWER Public Sewer
STORIES 2
STYLE Other
SUBDIVISION NONE
TAXES 4002.3
UTILITIES Natural Gas Available
WATER Public
ZONING REXBURG - CITY CENTER TRANSECT

SATELLITE VIEW



 
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Listed with Silvercreek Realty Group

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