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About This Home
This 4-bedroom, 7-bathroom residential multi family at 36 E Main Street in Rexburg, ID is listed for $689,000 ($96 per sqft). Built in 1903, the home offers 7,200 sqft of living space on a 0.06 acres lot.
Prime mixed-use investment opportunity in downtown Rexburg, just steps from BYU-Idaho. This 3-story building features a strong income-producing setup with a main-level commercial space (approx. 1,800 SF) leased to an established caf?/restaurant, plus 4 fully rented residential units.
Proven performance with consistent occupancy and no vacancy for over 20 years. Multiple income streams from commercial and residential units, plus shared coin-operated laundry. Main floor remodeled in 2024 with updated electrical, plumbing, and modern finishes.
Recent updated HVAC a few years ago. Roof reviewed and in overall good condition with minor maintenance noted. Some interior improvements in progress, including drywall updates and unit refresh. Contractor bids available upon request. Value-add opportunity with potential to increase rents.
Zoned CBD allowing for a variety of commercial uses. Basement space included for storage and mechanical use. Rent roll available upon request. Price recently adjusted to encourage a sale. Do not disturb tenants or business. Showings by appointment only. Buyer to verify all information.
Key Features
- Built in 1903
- 0.06 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
36 E Main Street
Rexburg, ID 83440
Rexburg Townsite-Mad
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 7-bathroom residential multi family at 36 E Main Street is listed at $689,000 ($96/sqft). The estimated monthly payment is $2,986 based on 20% down at 6.5% interest.
Key features include: Built in 1903, 0.06 acre lot.
This property is listed by Steven Phaysounlaphong and can be reached at 2085236111 or StevenLeeIdaho@gmail.com.
