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.
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DAYS ON MARKET
|
4
|
LAST UPDATED
|
11/5/2026
|
|
TRACT
|
NONE
|
YEAR BUILT
|
1920
|
|
COUNTY
|
Madison
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| Elementary School |
LINCOLN 321EL |
| Jr. High School |
MADISON 321JH |
| High School |
MADISON 321HS |
| 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 |
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Listed with Silvercreek Realty Group
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