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36 Main Street, 
Rexburg, ID 83440

$687,000

4

Beds

8

Baths

7,200

Sq Ft

Multi-Family

Pending

Listed by

Steven Phaysounlaphong

Silvercreek Realty Group

208-523-6111

Last updated:

May 2, 2026, 05:03 AM

MLS#

2180432

Source:

ID SRMLS

About This Home

36 Main Street

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.

Home Facts

Multi-Family

8 Baths

4 Bedrooms

Built in 1903

Price Summary

687,000

$95 per Sq. Ft.

MLS #:

2180432

Last Updated:

May 2, 2026, 05:03 AM

Added:

6 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

6

Interior

Living Area:

7,200 Sq. Ft.

Structure

Structure

Building Area:

7,200 Sq. Ft.

Year Built:

1903

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$687,000

Price per Sq. Ft:

$95 per Sq. Ft.

Source:ID SRMLS
The information being provided by Snake River Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Snake River Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.