653 S 4th Avenue, Pocatello, ID 83201
653 S 4th Avenue, Pocatello, ID 83201
653 S 4th Avenue, Pocatello, ID 83201
38
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$390,000
Est. payment /mo
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3 Baths
4,337 SqFt
New

653 S 4th Avenue Pocatello, ID 83201

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Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 4,337 sqft

Price per Sqft $89

Subdivision Pocatello Townsite-Ban

MLS Listing ID 2186945

Year Built 1940

Annual Tax Amount $3,812

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Real Estate Only

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 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.

Location

State ID

County Bannock

Area 4337

Zoning General Zoning: Po Commercial G,Specific Zoning: Pocatello-Commercial General

Rooms

Basement Egress Windows, Exterior Entry, Full, Partially Finished, See Remarks

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Inclusions Appliances In Home

Exterior

Parking Features On Street

Garage Description On Street

View Y/N No

Roof Type Composition

Garage Yes

Private Pool No

Building

Lot Description Near Public Transit, Near University/College, Established Lawn, Many Trees, Corner Lot, Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


Listed by Keller Williams Realty East Idaho

Nearby Locations

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Annie Hebdon

Annie Hebdon

Broker | DBDB27321

+1(208) 390-8467

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653 S 4th Avenue