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Listed by Adri Godfrey • Keller Williams Realty East Idaho
$350,000
Est. payment /mo
8 Beds
3 Baths
4,337 SqFt
New
653 S 4th Ave Pocatello, ID 83201
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,337 sqft
Price per Sqft $80
Subdivision Pocatello Townsite
MLS Listing ID 583412
Style All Units-One Building,Units Over and Under
Bedrooms 8
Full Baths 3
Year Built 1940
Lot Size 6,098 Sqft
Property Sub-Type Duplex
Property Description
Investor opportunity with immediate income potential and significant upside. Located just minutes from ISU, public transportation, restaurants and entertainment, this commercially zoned property offers multiple paths for future income generation. The property features 8 bedrooms plus a dedicated office, making it well-positioned for student housing, workforce housing, co-living arrangements, or other investment strategies. The main & upper levels have been remodeled and are ready for immediate occupancy, allowing investors to capitalize on existing rental potential while planning future improvements. A major value-add opportunity is found in the basement with potential to expand rentable square footage, increase occupancy, or create a separate income-producing living area. Situated on a corner lot with an enclosed porch, the property offers strong functionality and curb appeal. Commercial zoning provides additional flexibility and long-term potential beyond traditional residential use. Whether you're seeking a cash-flowing asset, student housing investment, house-hack opportunity, or a property with room to increase returns through improvements, this property delivers a compelling combination of location, scale, and upside potential.
Location
State ID
County Bannock
Zoning Commercial General
Interior
Heating Gas
Cooling Central
Exterior
Exterior Feature Metal
Utilities Available Separate Heat
Roof Type Architectural
Topography Corner Lot,Flat
Building
Foundation Concrete
Sewer City Sewer
Schools
Elementary Schools Indian Hills
Middle Schools Irving
High Schools Century
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
NEARBY SCHOOL & BUSINESS
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