653 S 4th Ave, Pocatello, ID 83201

$350,000
8
BD
3
BA
4,337
SqFt

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List Price
$350,000
Status
ACTIVE
MLS#
583412
Year Built
1940
Bedrooms
8
Bathrooms
3
Living Area
4,337
Acres
0.14
Region
University Area
Subdivision
Pocatello Townsite

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.

Additional Information

Taxes
$3,812
Style
All Units-One Building, Units Over and Under
Heating
Forced Air
Cooling
Central
Sewer
City Sewer
Elementary School
Indian Hills
Middle School
Irving
High School
Century

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty East Idaho.