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Homes for sale · Pocatello

Price improvedMLS 2186945

653 S 4th Avenue

Pocatello, ID 83201

Just improved

$350,000

Was $390,000

653 S 4th Avenue photo 11 / 38

Price improved

$350,000

Reduced $40,000 from $390,000

Listed from $390,000

Beds
Baths
3
Sqft
On market
65 days
Year
1940
Lot
0.14 ac
Type
Commercial Sale

Listed by Adrianne Godfrey · Keller Williams Realty East Idaho

About this home

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

Estimated payment

$2,108/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Principal & interest
$1,816
Est. property tax
$210
Est. insurance
$82

Local estimate, not a lender quote. Idaho Falls / Rexburg tax millage varies by parcel — we’ll run exact numbers on tour.

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Showing desk for Kipp Archibald

Kipp Archibald · (208) 200-0605

Kipp Archibald, Broker / Owner. Local broker helping buyers and sellers across Eastern Idaho — Rigby, Rexburg, Idaho Falls, and the Upper Valley. Straight answers, private showings, and hands-on guidance from first tour through closing. Kipp also knows new construction and lot development, including Teton Heights in Rigby. Call (208) 200-0605. Website https://www.kipparchibald.com/.