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Single Family Residence in Rexburg, ID

246 S 2nd E, Rexburg, ID, 83440

Description

Bedroom

4 Rooms

Bathroom

2 Baths

Square Foot

1624 Ft

Lot Size

0.19 Acres

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.

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Rexburg Expert Agent

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Additional Listing Details:

Last Refresh: 06/10/2026 05:00:03 AM UTC

MLS #: 2186952

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.

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Listing Agent

Ryan Lerwill

Keller Williams Realty East Idaho

Phone: 208-529-8888