36 E Main St

$749,000
Price
4
Beds
7,200 Sq. Ft.
$104 / Sq. Ft.
7,200
Sq. Ft.
$104
per Sq. Ft.

Description

Prime mixed-use investment property located in the heart of historic downtown Rexburg. just steps from BYU-Idaho. Originally built as the Rexburg State Bank, this beautifully preserved brick building retains its historic character, including the original bank vault still located on-site. Zoned CBD (Central Business District), allowing for retail, restaurant, or mixed commercial use. The main floor was fully remodeled in winter 2024, featuring modern finishes, updated electrical, and plumbing while...Prime mixed-use investment property located in the heart of historic downtown Rexburg. just steps from BYU-Idaho. Originally built as the Rexburg State Bank, this beautifully preserved brick building retains its historic character, including the original bank vault still located on-site. Zoned CBD (Central Business District), allowing for retail, restaurant, or mixed commercial use. The main floor was fully remodeled in winter 2024, featuring modern finishes, updated electrical, and plumbing while maintaining the building's classic early-1900s appeal. Currently leased to an established local cafe/restaurant. The upper level includes four fully rented apartments, each approximately 400-600 sq ft, remodeled in 2010 and featuring a shared coin-operated washer/dryer that generates additional income. Basement (approx. 1,800 sq ft) offers additional storage and mechanical space. The property has enjoyed strong, consistent occupancy for over 20 years, demonstrating the continued rental demand in this high-traffic downtown location. Recent improvements include HVAC upgrades and system updates. Excellent opportunity for investors PLEASE DO NOT DISTURB BUSINESS & TENANT. Buyer to verify all information with the city & county offices.
  1. Listed by Steven Phaysounlaphong • Silvercreek Realty Group
    P: (801)-726-4736 C: (801)-726-4736 StevenLeeIdaho@gmail.com

Property Details for 36 East Main Street

Subdivision
Rexburg Townsite-Mad
Zoning
General Zoning: Mc Rexburg City Li,Specific Zoning: Madison-Commercial
LISTING UPDATED: 12/01/2025 10:26 PM

Property Details for 36 East Main Street

StatusActive
MLS #2180432
Days on Market52
Taxes$3,660 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1903
Lot Size0.06 AC / 2,613 SF
CountyMadison County

Location

Listing Courtesy of Silvercreek Realty Group
Add your commute

Building Information for 36 East Main Street

Stories-Residences5Year Built1903Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,006 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,701

Property Taxes

$305

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 36 East Main Street

Summary
Location and General Information
  • County: Madison
  • Lot Features: Near Park, Near Schools, Near University/College, Concrete Curbing, Corner Lot
Taxes and HOA
  • Number Of Parcel: RPRRXB10380140
  • Taxes: $3,660.40
  • Tax Year: 2024
  • HO Exempt: Unknown
  • HOA YN: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Parking Total: 0.0
School Information
  • Elementary School: Adams 321EL
  • High School: Madison 321HS
  • Middle School: Madison 321JH
Property
Lot Information
  • Approx Total Square Feet: 7200.0
  • Above Grade Square Feet: 3600.0
  • Below Grade Square Feet: 1800.0
  • Building Area Total: 7200.0
  • Aproximate Acreage: 0.06
  • Lot Size Area: 2613.6
  • Lot Size Square Feet: 2613.6
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction/Status: Brick, Stucco, Wood Siding
  • Distressed Property: Standard
  • New Construction YN: No
  • Property Condition: Updated/Remodeled
  • Approx Year Built: 1903
  • Flood Plain: U
  • Winter Access: Yes
Utilities
  • Sewer: Public Sewer
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Foundation: Concrete Perimeter, Stone
  • Roof: Membrane
Interior Features
  • Handicap Access: Handicap Access
  • Heat Source/Type: Electric, Natural Gas, Forced Air, Separate Heat
  • Air Conditioning: Central Air, Wall/Window Unit(s)
  • Basement: Partially Finished, Unfinished, Walk-Out Access
  • Appliances Included: Separate Water Heaters
  • Cooling YN: Yes
Room Information
Bathroom Information
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Bathrooms Total Decimal: 7
  • Total Baths: 8
Bedroom Information
  • Total Bedrooms: 4
Multi Family
Unit Information
  • Style 1 Units: 1
  • Style 2 Units: 2
  • Style 3 Units: 3
  • Style 4 Units: 4
  • Style 5 Units: 0
  • Style 6 Units: 0
  • Total Number of Units: 5
Rental
Rental Information
  • Short Term Rental YN: Unknown
  • Tenant Pays: Cable TV, Gas, Insurance, Electricity, Water

Property History for 36 East Main Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Price Change

Snake River Regional MLS #2180432

$749,000—
Oct 28, 2025

Listed (Active)

Snake River Regional MLS #2180432

$775,000—
DateEvent & SourcePrice
12/01/2025

Price Change

Snake River Regional MLS #2180432

$749,000
10/28/2025

Listed (Active)

Snake River Regional MLS #2180432

$775,000

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

Public Records for 36 East Main Street

Taxable ValueLand$23,610Additions$336,990Total$360,600
Tax Record2025$3,583 ($299 / month)
Home Facts
Total Finished SqFt7,200 SqFtAbove Grade Finished SqFt7,200 SqFtLot Size2,396 SqFtStyleMiscellaneous CommercialCountyMADISONAPNRPRRXB10380140

Schools near 36 East Main Street

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

Madison Junior High School
Public7 to 9

Madison Senior High School
Public10 to 12

Central Alternative High School
Public6 to 12

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.

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36 East Main Street is a multi-family home for sale in Rexburg, ID 83440. This property was listed for sale on October 28, 2025 by Silvercreek Realty Group, it's currently listed at $749,000. This listing's school district is Madison District. Nearby schools include Adams Elementary School, Madison Junior High School and Madison Senior High School. 36 East Main Street is a 4-bed, 8-bath, 7,200 sqft multi-family home built in 1903.

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Listing Courtesy of Silvercreek Realty Group

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.