318 S 3rd W

1,456 Sq. Ft.
$285 / Sq. Ft.
1,456
Sq. Ft.
$285
per Sq. Ft.

Description

Located just two blocks from Brigham Young University–Idaho and one block from Porter Park, 318 S 3rd W in Rexburg offers an exceptional investment opportunity in a high-demand rental area. This duplex features two 2-bedroom, 1-bath units—both currently occupied—making it a true turnkey property. Each unit offers separate metering, entrances, and water heaters, providing convenience and independence for tenants. Recent 2024 upgrades include solar panels for improved energy efficiency, a new roof...Located just two blocks from Brigham Young University–Idaho and one block from Porter Park, 318 S 3rd W in Rexburg offers an exceptional investment opportunity in a high-demand rental area. This duplex features two 2-bedroom, 1-bath units—both currently occupied—making it a true turnkey property. Each unit offers separate metering, entrances, and water heaters, providing convenience and independence for tenants. Recent 2024 upgrades include solar panels for improved energy efficiency, a new roof for long-term durability, updated windows for better insulation, and new heating and cooling units to ensure year-round comfort. Inside, you'll find fresh paint, several new windows, original hardwood floors in two upstairs bedrooms, and new flooring in the basement unit. All appliances—including washers and dryers—are included, making this an easy-to-manage, easy-to-rent property in a prime Rexburg location.
  1. Listed by The Nelson Group • Keller Williams Realty East Idaho
    P: (208)-227-5346 C: (208)-227-5346 admin@davenelsongroup.com
  2. Listed by Geoffrey Glissmeyer • Keller Williams Realty East Idaho
    P: (208)-607-9210 C: (208)-607-9210 geoff@davenelsongroup.com

Property Details for 318 South 3rd West

Subdivision
Rexburg Townsite-Mad
Zoning
General Zoning: Res-Multi-Family,Specific Zoning: Rexburg-Medium Density Resid 1
LISTING UPDATED: 04/19/2026 12:59 AM

Property Details for 318 South 3rd West

StatusActive
MLS #2182396
Days on Market86
Taxes$1,586 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1976
Lot Size0.17 AC / 7,535 SF
CountyMadison County

Location

Listing Courtesy of Keller Williams Realty East Idaho
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Building Information for 318 South 3rd West

Stories-Residences2Year Built1976Building Size-Lot Size0.17 AC / 7,535 SF

Payment Calculator

$2,200 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,068

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 318 South 3rd West

Summary
Location and General Information
  • County: Madison
Taxes and HOA
  • Number Of Parcel: RPR00SE0110970
  • Taxes: $1,586.00
  • Tax Year: 2024
  • HO Exempt: Not Exempt
  • HOA YN: No
Parking
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Off Street
  • Parking Total: 1.0
School Information
  • Elementary School: Kennedy 321EL
  • High School: Madison 321HS
  • Middle School: Madison 321JH
Property
Lot Information
  • Approx Total Square Feet: 1456.0
  • Above Grade Square Feet: 728.0
  • Below Grade Square Feet: 728.0
  • Building Area Total: 1456.0
  • Aproximate Acreage: 0.173
  • Lot Size Area: 7535.88
  • Lot Size Square Feet: 7535.88
  • Lot Size Units: Square Feet
Property and Assessments
  • Community Features: Sidewalks
  • Construction/Status: Lap Siding
  • Distressed Property: Standard
  • New Construction YN: No
  • Property Condition: Existing
  • Approx Year Built: 1976
  • Flood Plain: U
  • Winter Access: Yes
Utilities
  • Sewer: Public Sewer
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Foundation: Concrete Perimeter
  • Roof: Composition
Interior Features
  • Heat Source/Type: Electric, Baseboard, Separate Heat, Fireplace
  • Air Conditioning: Central Air
  • Interior Features: Newly Renovated
  • Basement: Finished
  • Appliances Included: Separate Water Heaters, Dryer, Microwave, Refrigerator, Oven, Washer, Dishwasher, Stove
  • Cooling YN: Yes
  • Flooring: Hardwood
  • Fireplace YN: Yes
Room Information
Bathroom Information
  • Total Full Baths: 2
  • Total Half Baths: 0
  • Bathrooms Total Decimal: 2
  • Total Baths: 2
Bedroom Information
  • Total Bedrooms: 4
Laundry Information
  • LaundryFeatures: Laundry Included, Laundry Hookups
Multi Family
Unit Information
  • Style 1 Units: 1
  • Style 2 Units: 1
  • Style 3 Units: 0
  • Style 4 Units: 0
  • Style 5 Units: 0
  • Style 6 Units: 0
  • Total Number of Units: 2
Rental
Rental Information
  • Short Term Rental YN: Unknown
  • Tenant Pays: Electricity

Property History for 318 South 3rd West

DateEvent & SourcePriceAppreciation
Apr 16, 2026

Withdrawn

Snake River Regional MLS #164540

$148,000
Mar 4, 2026

Listed (Active)

Snake River Regional MLS #2182396

$415,000
May 5, 2011

Sold

Snake River Regional MLS #166327

DateEvent & SourcePrice
04/16/2026

Withdrawn

Snake River Regional MLS #164540

$148,000
03/04/2026

Listed (Active)

Snake River Regional MLS #2182396

$415,000
05/05/2011

Sold

Snake River Regional MLS #166327

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 318 South 3rd West

Taxable ValueLand$65,000Additions$240,747Total$305,747
Tax Record2025$1,586 ($132 / month)
Home Facts
Beds4Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtStories1Lot Size7,492 SqFtStyleSingle Family ResidenceYear Built1965CountyMADISONAPNRPR00SE0110970

Schools near 318 South 3rd West

This home is within Madison District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 9
Public - 10 to 12
Public - 4 to 6
Rating
School
Distance
Hibbard Elementary School
PublicK to 4

Madison Junior High School
Public7 to 9

Madison Senior High School
Public10 to 12

Madison Middle School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

318 South 3rd West is a multi-family home for sale in Rexburg, ID 83440. This property was listed for sale on March 4, 2026 by Keller Williams Realty East Idaho, it's currently listed at $415,000. It has been on the market for a total of 86 days and was last sold on May 6, 2011. This listing's school district is Madison District. Nearby schools include Hibbard Elementary School, Madison Junior High School and Madison Senior High School. 318 South 3rd West is a 4-bed, 2-bath, 1,456 sqft multi-family home built in 1976.

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Listing Courtesy of Keller Williams Realty East Idaho

Based on information from one of the following Multiple Listing Services: Teton Board Of Realtors, Snake River Regional MLS, Sheridan County Board of REALTORS and Wyoming MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Teton Board Of Realtors, Snake River Regional MLS, Sheridan County Board of REALTORS and Wyoming MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.