653 S 4th Avenue,Pocatello, ID 83201
Pocatello, ID 83201
Description
Investor opportunity with immediate income potential and significant upside. Located just minutes from ISU, public transportation, restaurants and entertainment, this commercially zoned property is currently operating as a short-term room rental and offers multiple paths for future income generation. The property features 7 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 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.
Details
| MLS # | 2189608 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1940 |
| Days On Site | 40 |
| Listing Provided By | Keller Williams Realty East Idaho | Adrianne Godfrey |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 4,337 |
| Basement | Y |
| Units | 2 |
| Zoning | General Zoning: Po Commercial G, |
| Acreage | 0.14 |
Taxes
| Property | 3812 |
|---|
Area Information
| State | ID |
|---|---|
| County | Bannock |
| City | Pocatello |
| Zip Code | 83201 |
| Community Name | Pocatello Townsite Ban |
| School District | Century 25HS |
| Elementary School | Indian Hills |
| High School | Century 25HS |
| Listing VS Median (in Pocatello Townsite Ban) | |
Price: $350,000 low | high Med: $254,900 sqft: 4,337 low | high Med: 2,034 $ / sqft: $81 low | high Med: $141 On site: 40 low | high Med: 51.5 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Bannock |
| City | Pocatello |
| Zip Code | 83201 |
| Community Name | Pocatello Townsite Ban |
| School District | Century 25HS |
| Elementary School | Indian Hills |
| High School | Century 25HS |
| Listing VS Median (in Pocatello Townsite Ban) | |
Price: $350,000 low | high Med: $254,900 sqft: 4,337 low | high Med: 2,034 $ / sqft: $81 low | high Med: $141 On site: 40 low | high Med: 51.5 | |
