# 507 W Main Street, Rexburg, ID 83440

> **TL;DR:** 3bd/2ba single family, $609,000 ($152/sqft), built 1961, 4,001 sqft.
> A/C. Est. $2,639/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $609,000 |
| Price/sqft | $152 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 2 half |
| Square Feet | 4,001 |
| Year Built | 1961 |
| Lot Size | 20,473 sqft (0.47 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,639 |
| **Total** | **$2,639** |

## Nearby Schools

- **Elementary:** Kennedy 321EL
- **Middle:** Madison 321JH
- **High:** Madison 321HS

## Key Amenities

- A/C

## Property Highlights

- Built in 1961
- 0.47 acre lot

## Description

### Agent Description
Endless Possibilities on Main Street - Over 4,000 sq ft of Potential! This spacious 4,000+ sq. ft. property sits on a prime corner lot on Main Street, just steps from Kennedy Elementary School and close to the heart of Rexburg. Previously operated as a licensed daycare center, this building offers flexible options for the next owner - whether continuing as a childcare facility or transforming it into something entirely new. The main level features a large open room with great natural light - perfect for a gathering space, studio, retail concept, or open-concept living area. Downstairs, you'll find two oversized open rooms ideal for classrooms, recreational areas, offices, or potential future rental suites. Possible Uses (with appropriate zoning or approvals): Reopen as a daycare or preschool (no zoning change required) Convert to student housing or a duplex-style rental property Develop a live/work space (e.g., salon, small business with residence attached) Create a wellness studio, co-op workspace, or community hub Redesign as a spacious single-family home or multi-family investment The property's location and visibility make it an incredible investment for anyone with vision. Its position near schools and businesses ensures consistent traffic and accessibility.

## Location

- **Address:** 507 W Main Street, Rexburg, ID 83440
- **County:** Madison
- **Coordinates:** 43.8257595, -111.7984774
- **Google Maps:** https://www.google.com/maps?q=43.8257595,-111.7984774

## Listing Agent

- **Name:** Todd Smith
- **Brokerage:** The Real Estate Office
- **Phone:** 2083565050
- **Email:** tsmith5050@msn.com

## Primary Photo

![507 W Main Street - Primary Photo](http://lh.rdcpix.com/4f639d1afa8618f260c83ca1d878d678l-f1450308633r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/507-w-main-street-rexburg-id-83440-2178667)*

---

**MLS#:** 2178667 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/507-w-main-street-rexburg-id-83440-2178667)

---

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