For sale / Investment property / Rexburg
Rexburg investment property75 E 1st N
Rexburg, Idaho 83440
Sydney McCleve · Owner/Agent · Real Estate Two70 · MLS #2190109
A city-recognized triplex with reported rental history, seven bedrooms, and five bathrooms. Four living spaces exist; the fourth is not recognized as an authorized rental unit.
Rexburg has identified this property as a triplex with three authorized units. Four living spaces and four kitchens were present in the 2021 appraisal. The fourth space is not recognized by the city as an authorized rental unit. Buyers should confirm permitted use directly with the city and should not assume income from a fourth unit.
- 7 bedscurrent MLS listing
- 5 bathscurrent MLS listing
- 4,655 sq ftinterior area, current MLS
- 6,534 sq ftlot area, current MLS
- 1941year built, current MLS
Rexburg investment opportunity
Multiple spaces and an established rental history.
The current MLS listing describes a four-bedroom, two-bath main apartment, a two-bedroom apartment, a studio, and a one-bedroom apartment. It reports updated lighting and flooring, furnished interiors, and new carpet and additional kitchen cabinetry in the basement apartment.
The listing says Apartment A operates on Airbnb and VRBO, while Apartments B, C, and D are leased. Those descriptions reflect current reported use, not city authorization for a fourth rental unit. Ask Sydney for the current leases, occupancy, and operating records.
Measurements to verify
Review the current and historical records.
The current MLS lists 4,655 square feet of interior area and a 6,534-square-foot lot. A 2021 appraisal recorded 2,981 square feet above grade, 952 square feet of basement, and a 6,316-square-foot site. These sources differ; buyers should verify measurements and how each area is counted.
Investor due diligence
Review the operating picture.
The current MLS feed lists taxes of $4,833 without a tax year. Zillow's property history shows $4,763 for 2025. Verify taxes and future assessments with Madison County. Parcel ID: RPRRXB10225320.
Request the rent roll, lease terms, occupancy, utility responsibilities, insurance, recent operating costs, and city records affecting rental use before estimating income or returns.
Request investment detailsPresented by Sydney McCleve · Owner/Agent · Real Estate Two70 · MLS #2190109
Listing information, price, and availability may change. Measurements, rental use, and financial details should be verified independently.
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