Address
246 S 2nd E, Rexburg, ID
Price
$ 569,000
Property Attributes
- MLS#2186952
- TypeSingle Family
- Listing Status Pending
- CountyMadison
- CityRexburg
- NeighborhoodParker Addition-Mad
- Zip83440
- StyleTraditional
- Year Built1918
- Taxes$ 2977
- Price$ 569,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1624
- Lot Size0.19 Acres
Data Source:
Snake River MLS
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Lincoln 321EL Elementary School | Madison 321JH Middle School | Madison 321HS High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $569,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Cooling | Wall/Window Unit(s) |
| Roof | Asphalt Shingle |
| Appliances | Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer |
| Development Status | Existing |
| Gas Y/N | Natural Gas |
| Patio/Porch Features | 2,Deck,Porch |
| Architectural Style | Traditional |
| Construction Materials | Frame,Brick,Stucco,Shake Siding |
| Exclusions | Tenant's Personal Property In Adu |
| Year Built | 1918 |
| Electric | Rocky Mountain Power |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| County | Madison |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Parker Addition-Mad |
| Garage Y/N | false |
| Other Structures | Shed(s) |
| Full Baths | 2 |
| Status | Pending |
| Directions | From Main Street Rexburg, Turn right (south) down S 2nd E. Home is located on the right hand side just after E 2nd S. |
| High School | Madison 321HS |
| City | Rexburg |
| Zoning Description | Rexburg-High Density Resid 2 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 8276.4 |
| Carport Y/N | false |
| Elementary School | Lincoln 321EL |
| Tax Annual Amount | 2977.6 |
| Middle/Junior High School | Madison 321JH |
| Virtual Tour | https://my.matterport.com/show/?m=2h2bBd4ATHM |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Lease Amount Frequency | Monthly |
| Legal Description | See Attached Legal Exhibit "A" |
Interior Features
| Interior Amenities | Additional Dwelling Unit,Game Room,Main Floor Family Room,New Paint-Full |
|---|---|
| Basement | Daylight,Egress Windows,Finished,Full |
| Flooring | Luxury Vinyl,Carpet |
| Fireplace Features | None |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 812 |
| Laundry Features | In Basement |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 812 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
| RoomBasementArea | 812 |
Exterior Features
| Fencing | None |
|---|---|
| Parking Features | No Garage,Asphalt,Dirt |
| Lot Features | Established Lawn,Many Trees,Sprinkler-Auto,Sprinkler System Full,High Traffic,Near Mall/Shop,Near Schools,Near University/College |
| Water Source | Public |
| Inclusions | All Kitchen Appliances (2 Refrigerators, 2 Range/Ovens, 2 Microwaves, 1 Dishwasher, 2 Sets Of Washer & Dryers) In The Main Home, All Furnishings Are Included Turn Key For The Operation Of Nightly Rental. |
| Lot Size Area | 8276.4 |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 1624 |
| Lot Size Acres | 0.19 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 83440
Price
Taxes
Year Built
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Snake River Regional Multiple Listing Service © 2026.
Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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