336, 354 W Main Street Rexburg, ID
$ 1,200,000
Property Attributes
  • MLS#2138329
  • TypeMulti-Family
  • CountyMADISON
  • CityRexburg
  • AreaMadison
  • NeighborhoodRexburg Townsite-Mad
  • Zip83440
  • StyleFourplex
  • Year Built1978
  • Taxes$ 4519
  • Price$ 1,200,000
  • Bedrooms10
  • Full Bathrooms9
  • Half Bathrooms2
  • Sqr Footage6000
  • Lot Size0.802 Acres
Listing Provided Courtesy Of:
Keller Williams Realty East Idaho
Data Source:
Snake River MLS
Property Description

Existing 4-plex with buildable vacant land. This project will consist of multiple buildings with an array of unit types and styles to provide the desperately needed inventory across a multitude of real estate types. There will be a 15 unit building to construct which will consist of seven specific legal descriptions that will including - 3-plexes and townhomes. This will allow the developer to offer various segments high demand real estate holdings for sale. Also there is an existing 4-plex structure that is currently full and stabilized so the owner Builder can inherit that monthly existing cash flow during construction. The current plan is to convert this existing 4-plex and completion of the 15 door building and 4 unit hotel, into townhomes to finalize the project. Awesome mixed use product located on Main Street. Listing office has renderings and plans for review.

Elementary School Middle School High School
Adams 321El Elementary School Madison 321Jh Middle School Madison 321Hs High School
Price History
7/22/2021 Listed $1,200,000
9/8/2021 9% - $1,100,000
9/24/2021 10% - $1,000,000

General Features

Amenities Off Street Parking
Basement Full, Daylight Windows, Walk-out
Construction/status Frame, Existing
Cooling None
Elementary School ADAMS 321EL
Exclusions Tenant's personal property.
Heating Electric
High School MADISON 321HS
Ho Exempt Not Exempt
Legal Description See Attached Legal Exhibit A
Listing Area Madison
Listing Type Fourplex
Location Near University/College, High Traffic, Near Mall/Shop
Middle School MADISON 321JH
Roof Metal
Sewer Public Sewer
Status Active
Status Active
Style/design All Units in One Building, Units Over and Under
Tax Year 2020
Taxes 4519.50
Tenant Pays Cable TV, None
Terms Cash, Conventional, 1031 Exchange
Total Sq Ft 6000
Utilities Separate Power Meters
Water Public
Year Built 1978

Interior Features

Half Baths 2
Total Full Baths 9
Total Number of Units 4

Exterior Features

Listing Office Name Keller Williams Realty East Idaho
Appx Acreage 0.802
Driveway Type Asphalt
Exterior-primary Metal
Flood Plan U
Foundation Concrete Perimeter
Inclusions All kitchen appliances and existing contracts.
Number of Off Street Parking 15
Topography/setting Flat


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 83440

AVG $1.2M
AVG $4,519
AVG 29
Year Built
AVG 1978
AVG 48
Data Provided by Walkscore ® not using MLS data

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