Property Attributes
- MLS#2186014
- TypeSingle Family
- Listing Status Active
- CountyMadison
- CityRexburg
- NeighborhoodRigby Subdivision-Mad
- Zip83440
- StyleRanch
- Year Built1960
- Taxes$ 3060
- Price$ 699,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4010
- Lot Size0.4 Acres
Data Source:
Snake River MLS
Property Description
We're not messing around with this price drop! Owners are lining up rental contracts that will gross $5,000/month. Make an offer before the property becomes a permanent rental! Walking distance from campus and the hospital, this massive duplex is truly one-of-a-kind. Investors can enjoy a 7% CAP rate with virtually no maintenance. Families looking to offset their mortgage can own an $800,000 asset while paying less than they would in a rental. Every detail reflects elegant craftsmanship, paired with a plethora of brand new upgrades— tankless water heaters, high efficiency furnaces, wiring, windows, sewer lines, water lines, gas lines, ductwork, appliances, cabinets, flooring— just about everything. Set on nearly half an acre, this turn-key property is not another spec house—it's a revived legacy coupled with an opportunity that simply cannot be matched.
| Elementary School | Middle School | High School |
|---|---|---|
| Lincoln 321EL Elementary School | Madison 321JH Middle School | Madison 321HS High School |
| Price History | |
|---|---|
| 5/2/2026 | Listed $739,000 |
| 7/13/2026 | 5$699,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Cooling | Central Air |
| Roof | Asphalt Shingle |
| Appliances | Dishwasher,Freezer,Disposal,Microwave,Exhaust Fan,Vented Exhaust Fan,Electric Range,Gas Range,Refrigerator,Gas Water Heater |
| Development Status | See Remarks |
| Garage Spaces | 2 |
| Gas Y/N | Natural Gas |
| Architectural Style | Ranch |
| Construction Materials | Block,Brick |
| Year Built | 1960 |
| Electric | Rocky Mountain Power |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Assoc Fee Paid Per | N/A |
| County | Madison |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Rigby Subdivision-Mad |
| Garage Y/N | true |
| Full Baths | 4 |
| Status | Active |
| Directions | Beginning at the Southwest corner of Smith Park, drive exactly one block to the south. Property is on the East Corner. |
| High School | Madison 321HS |
| City | Rexburg |
| Zoning Description | Rexburg-Low Density Res 3 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 17424 |
| Carport Y/N | false |
| Elementary School | Lincoln 321EL |
| Tax Annual Amount | 3060 |
| Middle/Junior High School | Madison 321JH |
| Virtual Tour | https://tinyurl.com/7wwzxx47 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Lease Amount Frequency | Monthly |
| Legal Description | See Exhibit 01 |
Interior Features
| Interior Amenities | Attic,Breakfast Bar,Main Floor Family Room,Master Downstairs,Master Bath,Pantry,Garage Door Opener,New Paint-Full |
|---|---|
| Basement | Finished,Full |
| Flooring | Luxury Vinyl,Carpet,Hardwood |
| Fireplace Features | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 2005 |
| Laundry Features | In Basement,Main Level |
| Total Bedrooms | 7 |
| Below Grade Finished Area | 2005 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Parking Features | 2 Stalls,Garage Door Opener,Concrete |
|---|---|
| Lot Features | Established Lawn,Many Trees,Flower Beds,Sprinkler-Auto,Sprinkler System Full,Corner Lot,Near Schools,Near University/College |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 17424 |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 4010 |
| Lot Size Acres | 0.4 |
| Covered Spaces | 2 |
Amenities
- 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
Information provided by Intermountain MLS (IMLS) is deemed reliable but not guaranteed.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Intermountain MLS system. Real estate listings held by brokerage firms other than Homes of Idaho are marked with the IDX icon.
IDX information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Snake River Regional Multiple Listing Service © 2026.
Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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