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246 S 2nd E

REXBURG, ID 83440
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Bed 4

Bed

Bath 2

Bath

SqFt1,624

Sqft

Acres0.19

Acre(Lot)

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 investmen t 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.

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Detail Ic Property Details

Property Type : Residential

Price : $569,000

AD Id : 82048935

MLS Id : 2186952

Beds : 4

Lot Size : 0.19 Acre

Living Area Size : 1,624

Year Built : 1918

County : Madison

Subdivision: Tex-mex Survey

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Carpet, Vinyl
  • Interior Features

    Granite Counters Appliances: Dishwasher, Microwave, Refrigerator, Washer Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas

  • Building Information

    Year Built: 1918 Building Area Total: 1624 Construction Materials: Frame, Brick, Stucco Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Size Acres: 0.19

    Property Information

    Subdivision: PARKER ADDITION-MAD Source Property Type: Residential Zoning Description: REXBURG-HIGH DENSITY RESID 2 Property SubType: Single Family Residence Levels: One Property Age: 108

  • Listing Price Information

    Listing Price: $569000

  • Tax Information

    Parcel Number: RPR000P0042890 Annual Tax: $2977.6

  • Parking Information

    Asphalt

  • School Information

    Elementary School: LINCOLN 321EL
    Junior High School: MADISON 321JH
    Senior High School: MADISON 321HS
  • Utility Information

    Natural Gas Available
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD S 5th W #2, Rexburg, ID, 83440 $274,900 3 1.5 1,003 1,003 SqFt
2799 S 3000 W, Rexburg, ID, 83440 $550,000 2 1 2,020 2,020 SqFt
3938 S 4413 W, Rexburg, ID, 83440 $689,000 3 2 2,000 2,000 SqFt
TBD S 5th W #3, Rexburg, ID, 83440 $274,900 3 1.5 1,003 1,003 SqFt
115 & 113 E 1st N, Rexburg, ID, 83440 $499,000 4 3 1,912 1,912 SqFt
TBD S 5th W #1, Rexburg, ID, 83440 $274,900 3 1.5 1,003 1,003 SqFt
3820 Hirschi Loop Road, Rexburg, ID, 83440 $1,175,000 5 3.5 3,650 3,650 SqFt
6601 W 3800 S, Rexburg, ID, 83440 $619,000 5 2.5 2,446 2,446 SqFt
2889 S 5500 W, Rexburg, ID, 83440 $825,000 5 3 3,000 3,000 SqFt
10465 Bluebird Road, Rexburg, ID, 83440 $1,795,000 4 3.5 5,163 5,163 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Snake River Regional MLS. The IDX information is provided exclusively 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. All information is deemed reliable, but is not guaranteed. Consult with your real estate professional to verify the provided information. NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Snake River Regional MLS and this broker will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Information deemed reliable but not guaranteed. Copyright © 2026 Snake River Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/13/2026 @ 13:58

MLS: 2186952 LISTED BY: Ryan Lerwill, Keller Williams Realty East Idaho 208-529-8888 SOURCE: Snake River Regional MLS

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