$569,000
 $3,055 est/mo Sourced by Back At You

246 S 2nd E,Rexburg, ID 83440

Rexburg, ID 83440

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Description

Step into a rare Rexburg opportunity where historic charm, modern updates, and exceptional income potential come together on one property. This adorable bungalow-style home has been thoughtfully updated throughout while preserving the character and warmth that make historic homes so desirable. Currently operating as a successful nightly rental with a strong occupancy history, the main residence features 4 bedrooms, 2 full bathrooms, inviting living spaces, and the kind of timeless appeal guests and homeowners alike are drawn to. Adding even more value is the fully approved accessory dwelling unit (ADU) situated on the west side of the property. This separate 1-bedroom, 1-bathroom residence currently has a tenant in place, providing immediate income and creating a true dual-income investment opportunity. Location is everything, and this property delivers. Situated just blocks from BYU-Idaho and within walking distance to downtown Rexburg's shopping, dining, and amenities, the demand for both short-term and long-term housing remains strong. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a unique property with multiple revenue streams, this is an opportunity you won't want to miss.

Details

MLS #2186952
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1918
Days On Site74
Listing Provided ByKeller Williams Realty East Idaho | Ryan Lerwill

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,624
BasementY
ZoningRexburg-High Density Resid 2
Acreage0.19

Taxes

Property2977

Area Information

StateID
CountyMadison
CityRexburg
Zip Code83440
Community NameParker Addition Mad
School DistrictMadison 321HS
Elementary SchoolLincoln 321EL
High SchoolMadison 321HS
Listing VS Median (in Parker Addition Mad)
Price:
$569,000
low | high
Med:
$569,000
50% of Average
sqft:
1,624
low | high
Med:
1,624
50% of Average
$ / sqft:
$350
low | high
Med:
$350
50% of Average
On site:
74
low | high
Med:
74
100% of Average
Sourced by Back At You

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Learn More About This Property

StateID
CountyMadison
CityRexburg
Zip Code83440
Community NameParker Addition Mad
School DistrictMadison 321HS
Elementary SchoolLincoln 321EL
High SchoolMadison 321HS
Listing VS Median (in Parker Addition Mad)
Price:
$569,000
low | high
Med:
$569,000
50% of Average
sqft:
1,624
low | high
Med:
1,624
50% of Average
$ / sqft:
$350
low | high
Med:
$350
50% of Average
On site:
74
low | high
Med:
74
100% of Average
Sourced by Back At You
Listing Updated: August 5, 2026 at 3:47:42 PM PDT