246 S 2 E, Rexburg, ID 83440
FOR SALE

246 S 2 E
Rexburg, ID 83440

  • 4 Beds
  • 2 Baths
  • 1,624 sqft

$569,000

$569,000

4 Beds
2 Baths
1,624 sqft
We estimate this home will sell faster than 90% nearby.

Local Information

  • Map ViewExplore the area around 246 S 2 E.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
We estimate this home will sell faster than 90% nearby.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$350
Listed
20 days ago

Home Details for 246 S 2 E

Interior Features

Interior Details
Basement: Daylight,Egress Windows,Finished,FullNumber of Rooms: 4Types of Rooms: Family Room, Kitchen, Living Room, Basement
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1624 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, WasherDishwasherDryerLaundry: In BasementMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Rocky Mountain Power
Windows, Doors, Floors & Walls
Flooring: Luxury Vinyl, Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Luxury Vinyl, Carpet

Exterior Features

Exterior Home Features
Patio / Porch: 2, Deck, PorchFencing: NoneOther Structures: Shed(s)Foundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: No Garage,Asphalt,Dirt
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 812 Square FeetFinished Area (below surface): 812 Square Feet

Days on Market

Days on Market: 20

Property Information

Year Built
Year Built: 1918
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Frame, Primary Exterior Material: Brick, Primary Exterior Material: Stucco, Primary Exterior Material: Shake Siding
Property Information
Not Included in Sale: Tenant's Personal Property In AduIncluded in Sale: 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.Parcel Number: RPR000P0042890

Price & Status

Price
List Price: $569,000Price Per Sqft: $350

Active Status

MLS Status: Active

Location

Direction & Address
City: REXBURGCommunity: Parker Addition-Mad
School Information
Elementary School: LINCOLN 321ELJr High / Middle School: MADISON 321JHHigh School: MADISON 321HS

Agent Information

Listing Agent
Listing ID: 2186952

Building

Building Area
Building Area: 1624 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange

Miscellaneous

BasementMls Number: 2186952Attribution Contact: 2085298888Above Grade Unfinished Area: 812
Listing courtesy of Ryan Lerwill, (208) 351-4373
Keller Williams Realty East Idaho
Jeff Lerwill, (208) 351-7300
Keller Williams Realty East Idaho
Source: SRMLS, MLS#2186952

Market trends in Rexburg

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
155
19MoM

Price History for 246 S 2 E

DatePriceEventSource
06/17/2026$1,100Listed For RentZillow Rentals
06/09/2026$569,000Listed For SaleSRMLS #2186952
11/29/2024$1,100ListingRemovedZillow Rentals
10/25/2024$1,100Listed For RentZillow Rentals
01/27/2024ListingRemovedZillow Rentals
12/11/2023$1,700PriceChange
Zillow Rentals
11/28/2023$1,800Listed For RentZillow Rentals
02/11/2021ListingRemovedSRMLS #2134127
02/11/2021$299,000PendingSRMLS #2134127
01/21/2021$299,000Listed For SaleSRMLS #2134127
05/14/2020$800ListingRemovedAgent Provided
05/08/2020$800Listed For RentAgent Provided

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Property Tax and Assessment

Year2025
Tax$2,908
Assessment$301,484
Home facts updated by county records

Comparable Sales for 246 S 2 E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
275 E 4th S, Rexburg, ID
0.25
Single-Family Home
-
08/25/25
4
3
2,622
535 Rolling Hills Dr, Rexburg, ID
0.52
Single-Family Home
-
04/30/26
4
4
3,800
1196 Ira Burton Rd, Twin Falls, ID
1.11
Single-Family Home
-
03/09/26
4
2
1,515

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 246 S 2 E.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Rexburg

At least 105 Trulia users voted on each feature.

  • 87 % Say parking is easy

  • 86 % Say people would walk alone at night

  • 86 % Say kids play outside

  • 85 % Say it's dog friendly

  • 84 % Say there's holiday spirit

  • 83 % Say car is needed

  • 81 % Say there are sidewalks

  • 71 % Say yards are well-kept

  • 66 % Say it's quiet

  • 59 % Say neighbors are friendly

  • 56 % Say there are community events

  • 46 % Say it's walkable to restaurants

  • 44 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 37 % Say it's walkable to grocery stores

  • 35 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Msmart_1
    "Rexburg is the Safest town in the state of Idaho. Little to no crime,for the most part it’s safe day and night in all parts of town "
    0
    Flag
  • Mao X.
    "My neighborhood has no great or reliable transportation to get to public places. We need to have some sort of bus transportation or routes going on here in town. That would be really nice. "
    2
    Flag
  • Mao X.
    "There aren’t any dog parks around here but there are lots of people walking their dog around the neighborhood. There is also a park nearby. "
    3
    Flag
  • Adam W.
    "Generally, the city is pretty pet friendly. They’re building a dog park in the coming year. Make sure you like your dog indoors, otherwise the winter is going to be bad for you...or your dog! "
    1
    Flag
  • Msmsrt_1
    "Near the river,wild animals,space,mountains,no close neighbors,no covenants. Big yards,Scenery,public access "
    0
    Flag
  • Msmsrt_1
    "I don’t attend community events. I enjoy living in the county and outside of town. I enjoy living near the river"
    0
    Flag
  • Marco B.
    "Although Rexburg is a very small family-centered location, always keep an eye on your children. Some children around here don’t have any home training. "
    3
    Flag
  • Telfriel10
    "It’s a great place to raise a family and live. I have lived here my whole life so far and plan on continuing to live here. "
    0
    Flag
  • Sarah.drake1011
    "I’ve lived here as a student for 4 years. The student community is really safe and friendly. Most people are very neighborly and most places are pretty well kept. "
    2
    Flag
  • Dwallenallen
    "Great safe neighborhood! Out in countryside with some horses and dogs. Good friendly people! Most people wave and help each other out;)"
    0
    Flag
  • Dwallenallen
    "Country living with neighbors! People are great out here! Great university close by:) Beautiful sunsets and a lot of fresh air!"
    0
    Flag
  • Shannon
    "I’ve lived here for 6 years. It’s a small town with a big heart. The neighborhood is wonderful and people are always smiling."
    2
    Flag
  • Heartransplant
    " We have community events, but if you're a college student going to BYUI, then there are none stop activities. All the neighbors are friendly and safe."
    3
    Flag
  • Sosimplysmall
    "There are neighborhood trunk or treats at Halloween. Large free carnival events take place for the beginning of the school year, Halloween, and Christmas. These are very family friendly and include activities simple enough for toddlers. One of these organizations affiliated with the school district supports weekly and monthly preschool activities and teen activity groups that are open to the public and free."
    3
    Flag
  • Sosimplysmall
    "There is typically limited traffic...very rarely a traffic jam. Most other drivers are considerate. Cover a lot of miles in a short time. Usually a good time to unwind from a stressful job on the way home."
    1
    Flag
  • Degi e.
    "Plenty of playgrounds for dogs but not much sidewalks around the area. People walk everyday with their dogs. "
    0
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  • Angelina G.
    "Great area to raise children and the neighbors are really friendly and tight knit. Teachers really try to help get thier students really involved, also the music program is so awesome!"
    0
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  • Heartransplant
    "college town, so always young people. Also very low on crime. we leave our windows, and sometimes even our doors unlocked."
    0
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  • Johnsonk
    "We are extremely close I can honestly say I know just about everyone in my neighborhood. We do a lot together and support one another. We are also in walking distance to 6 local playgrounds and parks. "
    0
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  • Sosimplysmall
    "People typically are very family oriented, education minded, and religious. We enjoy the arts offered by a local University, yet have sand dunes and mountains so near."
    2
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  • adam1608
    "I lived in this are and it is beautiful. Great neighbors. Great people. INL bus stop less than 2 miles away. "
    0
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LGBTQ Local Legal Protections

Ryan Lerwill, Keller Williams Realty East Idaho
Agent Phone: (208) 351-4373
Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.
246 S 2 E, Rexburg, ID 83440 is a 4 bedroom, 2 bathroom, 1,624 sqft single-family home built in 1918. This property is currently available for sale and was listed by SRMLS on Jun 9, 2026. The MLS # for this home is MLS# 2186952.